Market Update


Reading the tea leaves here on the current market configuration…

The screen capture above for the S&P 500 Futures from Stops and Targets shows that since the market bounce at 2174 (see long-term range bottom) we are currently experiencing an intermediate rally in a long-term bear market.  The summary text above describing BULL 3 rating sums that all up nicely.

There are powerfully-opposing forces at play here and that is reflected in the stop/reverse lines on the single bar chart above and also by looking at the range envelopes…

The long-term stop/reverse line has recently moved lower in the bear’s favor but things are likely feeling a bit uncomfortable for anyone still short who missed the bounce at the bottom, or who has shorted since and is currently being squeezed.

On the other side of the spectrum–new bottom picking bulls are likely feeling pretty good here with the market moving up over 600 points since that March 23rd low.

Both sides are possibly approaching a major reckoning just ahead.  Let’s take a look at my charts and I will explain that comment…


click image to enlarge


Each bar on my chart above represents one month of trading.  This long-term decline began when the last higher monthly bar low was broken to the downside at 3169.75 (you can see a small red dot where that trend change occurred).  Note that when you reference the Stops and Targets screen capture at the top of this post that it also shows that price of 3169.75 as the start of the long-term bearish trend on 25-Feb-20.

Note that when the previous monthly bar closed on 31-March, the long-term stop/reverse line moved down from 3169.75 to the March monthly bar high at 3125.75.  That is what I meant earlier when I said that the long-term stop/reverse line moved in the bear’s favor.

It remains to be seen how the April bar will eventually end up–but so far, we are experiencing an ‘inside bar’ where both the high and low are contained inside of the previous bar range.

Since the long-term is currently trending bearish (as a result of lower highs) that trend cannot be reversed until we eventually get a close ABOVE the last monthly bar lower high.  That last lower high at the long-term stop/reverse line is pretty far away currently, but as time goes by those monthly highs will eventually come into striking range.

Once a bottom has been established, the kind of severe damage that has been inflicted upon this market usually takes an extended period of sideways consolidation as intermediate resistance levels are encountered and eventually assimilated.  It is a long process and like it or not, this is a long-term bear market now and will remain so until such time as we eventually get a breakout above the last month’s high.

On the other hand, if a bottom has NOT yet been established then those resistance levels can become powerful areas of selling where the market turns back down.  To better illustrate that point, let’s take a look at the weekly bars next…


click image to enlarge


Each bar on the chart above represents one week in the market and corresponds with the intermediate timeframe at Stops and Targets.

The first point to make is the difference between the individual weekly bar sequence versus the monthly bars.  Note on the chart above that we see three consecutive weeks with higher lows and higher highs... that is the very definition of a bullish trend.

Also note that the previous weekly bar bearish trend was reversed when price crossed above the last lower weekly bar high at 2634.50.  That is where the intermediate-term stop/reverse line currently sits at Stops and Targets.  Note also that in order for that stop/reverse line to move higher and begin to trend–a subsequent bar’s low must be higher than that stop/reverse line.  We will see on the close Friday how the current bar ends up.  See how that works?

Those of you who have been reading my rants here for years are aware of what I long ago discovered and christened what I call  The Weekly Bar Paradigm.  I won’t go into another long explanation about it here but for new readers to this blog–just search for that term using the search box to the right of this post.  Trust me, it is well worth your time and effort to understand the current paradigm if you want to truly understand how this market really works and how it is carefully and very skillfully managed.

So, back to the point–if you look at the red line at 2846.50 that is circled in yellow, many of you will recall that I said back in February and March that line is a VERY important level.  Well, here we are about to revisit that line from the other side now.


Why is 2846.50 important?  For two reasons:

1) That was the last higher 4-bar pivot low on the weekly bars before the takedown.  The essence of The Weekly Bar Paradigm is that it will continue in effect (11 years now since the paradigm started) until such time as price cannot rally and hold back ABOVE the last higher 4-bar weekly pivot low.  In the last 11 years there have been only 10 previous times where a major stop sweep/reversal has occurred.  In every occurrence, that was a perfect buying opportunity for long-term bulls to rejoin the secular (very long term) bull market.  I have also said that if/when price is no longer able to overcome and hold above that line then we will know with absolute certainty that the secular trend has changed.  So yeah, it’s kind of a big deal to watch carefully how this resolves in the coming weeks and months.

2) That line at 2846.50 is also where a formidable band of resistance starts as a result of a previous significant bounce at that line, which later failed.  Take a look at low of the February bar where price bounced at 2846.50 and then the bullish weekly bar that followed.  A LOT of new buyers hopped in there and it is those buyers who represent current SUPPLY that will soon flood the market if that resistance is breached.  Why?  Because all of those buyers ABOVE 2846.50 are currently trapped with losses on the long side.  Many of them are ready and very eager to sell at or near break-even to simply escape the pain–should the opportunity be presented.  The SUPPLY from those sellers can easily overcome DEMAND from new buyers if the poke into those levels is timid.  On the other hand, if we were to see a hard push on the futures with opening gaps higher–that is one way for the pros to leapfrog that supply/demand issue.  We will know shortly what their intent is on that matter–but for now, it is important to be aware that we are approaching a very significant layer of resistance that corresponds to the area between 2846.50 and the open breakaway gap down at 2952.75 which is where those bulls who entered above 2846.50 were brutally gapped and trapped by the pros.


So, to recap on weekly bars… higher highs and higher lows sequence of bars is definitely bullish.  This timeframe would reverse back to bearish on a cross below the intermediate stop/reverse line, which is currently located at 2634.50.  We will see where things stand on Friday at the close to determine the intermediate outlook–but a major resistance test looms just ahead and so this budding bullish uptrend is potentially vulnerable.  Perhaps the pros can blow right through that with the right kind of news and noise (ending of house arrest, for example).  This sort of uncertainty is often the breeding ground for good trade entries.  It is not easy or comfortable to enter at times like this–but it never is at key inflection points is it?

Remember, open gaps are a sign of intent by the pros.  The last open gap was UP at 2482.75 and precipitated the weekly bar breakout and trend change.  The closest leftover gap DOWN was at 2952.75.  See how that works?

That range between 2846.50 and 2952.75 is the band of resistance just ahead as I type… let’s watch carefully to see what the pros decide to do with this setup.  It is long-term bears versus intermediate term bulls.

…my .02


* It was recently brought to my attention that the ‘Get Instant Email Notification‘ plugin had stopped working on this site.  That issue has now been fixed so for those of you who would like to be notified immediately when I add a new post here –> you can add your email address on the right side of this page.


Market Update


It’s been a little while since my last post so thought I would post an update today to see where we are and to answer some questions I have been getting.  Let’s start by reading the tea leaves on the summary analysis tab from Stops and Targets for the S&P 500 Futures.

Many of you have noticed that the long-term trading range and stop/reverse line are different from yesterday.  The reason is because today is the first day of the new trading month (April).  What you are seeing reflected all across Stops and Targets symbols is the updating of the long-term timeframe to reflect the now closed March trading range.


For example, I received an excellent question earlier today asking me why there is a new signal shown for a range bottom counter-trend buy on the long-term range.

A little background information here is very useful to help you better understand how Stops and Targets evaluates timeframes:

  1. Long-term is based upon MONTHLY bars
  2. Intermediate-term is based upon WEEKLY bars
  3. Short-term is based upon DAILY bars

The reason that new signal appeared is because today is the very first opportunity for the algorithms to evaluate current price against the now-closed March bar range…


click image to enlarge

Each bar on the chart above represents ONE MONTH of trading for the S&P 500 Futures.

Take a look at the March monthly bar range by examining the low and high of the candlestick ‘wick’.  That range was 2,174 to 3,125.75

…now, look back to the screen capture from Stops and Targets above and note the long-term range envelope numbers.  Yep, the exact same.  See how that works?

So, back to that long-term range bottom counter-trend buy alert..  Since the current price is currently crossing over the March range envelope low, the system sees it as a possible range bottom crossover and therefore as a potential counter-trend rally point.  (Don’t fret too much if that last part didn’t make sense.  That’s why Stops and Targets is so cool.  It works these things out for us that may not seem intuitive at the time–but, nonetheless are absolutely essential when considering trading strategy.)

To fine tune that long-term signal–>look at the long-term tab and notice that the long-term trend is bearish currently and is targeting the range envelope bottom at 2174.  Price may or may not get back down there–but underneath that line is where a huge trove of bull stops is now resting courtesy of the bottom-pickers that have been on a buying frenzy since the bounce.  If the pros want to go down to collect sellers, that is where they are going to go.  If not, then we could eventually get a counter-trend buy setup indication once price gets inside the 3:1 risk ratio window for a counter-trend buy in the long-term.  The alert is warning us that we could get a counter-trend rally from somewhere down in that area most likely.  Of course, if the pros decide to take out that low under 2174 then all counter-trend bullish setups are off.

Bottom line… the long-term trend turned bearish at 3169.75 on February 25th.  Today, the long-term stop/reverse line was automatically moved lower to 3125.75 to start locking in profit on the trend.  As each month goes by, so long as we see a LOWER HIGH in a bearish monthly bar trend the stop/reverse line will move to that lower high on the first day of the new month.

The long-term trend will remain bearish until that line is eventually crossed to the upside.  However, bear market rallies can be very profitable for those who know when and where to jump in–and also when and where to get out.  Those details are just as important for bulls as they are for bears.

To show a great example of that point–let’s move in next to examine the intermediate time frame…



The screen capture above shows the intermediate tab selected for the same symbol at Stops and Targets.

Remember, just as the long-term timeframe is based upon monthly bars–the Intermediate timeframe is based upon WEEKLY bars…


click image to enlarge


Each candlestick bar on the chart just above represents ONE WEEK of trading for the S&P 500 Futures.

Note that the current intermediate range envelope is exactly the same as the prior week’s range of 2,174 to 2,634.50.

The current live weekly bar HIGH is presently 2635.75, which was just enough to touch the range envelope top and perhaps tickle some bear stops slightly above the range envelope high–and when that happened Stops and Targets showed a range envelope resistance signal.

When that happened, price was just below the intermediate stop/reverse line at 2634.50 and perfectly positioned inside of the red-shaded ideal sell zone between 2525 and 2634.50. That shaded zone was also the perfect exit for the last counter-trend long signal which was a range bottom rally alert at 2230.50 on 24-Mar-20

We can see today’s selloff launched from within that ideal sell zone setup.

Aha, you say!  That is VERY cool!  Yep, it sure is…  Counter-trend rally alert at 2230.50 up to range envelope resistance at 2635.75 and then back short there with the trend and currently looking for new lows–but with some hefty respect for the potential long-term counter-trend rally alert.

The pros sometimes leave breadcrumbs that betray their intent, and we’ll get into those in the closing paragraph–but first, lets take a peak at the short-term tab next…



The screen capture above shows the short-term timeframe tab from Stops and Targets for the same symbol.

The short-term timeframe is based upon DAILY bars…


click image to enlarge


Notice that yesterday’s daily bar range was 2,555.75 to 2,635.75

The short-term timeframe had been trending bullish until today–but once price crossed below the LAST HIGHER LOW the short-term trend reversed and flipped bearish at 2,555,75.

You can read all the details in the commentary on the short-term tab above.  Note that at the close of today’s bar the stop/reverse line will stay right there at 2555.75.  If we get a lower high tomorrow that short-term stop/reverse line will move down to that bar’s high to indicate a bearish trend is underway.

So, in short, lower highs in a bearish trend drags the stop/reverse line lowerHigher lows in a bullish trend drags that stop/reverse line higher

If there is no trending move underway–then the stop/reverse line stays put during a sideways trading environment.

The same thing happens over and over again–and that is how the stop/reverse lines work.  They simply follow lower highs down in a downtrend or lower highs up in an uptrend to lock in accrued profits.  🙂

For a recent illustration… note that the previous bullish trend change occurred on a cross above the last lower high at 2386 on 24-March and then the stop/reverse line followed that trade up to the eventual sell today at 2555.75, which was the last higher low from the previous bullish trend set yesterday.  Now, 2555.75 will remain the stop/reverse line until a new trend eventually drags it away to one side or the other.  

And THAT is how you remain in the trend as long as possible is a particular timeframe.  It works exactly the same for monthly, weekly, daily, and even hourly bars.

And with this post I am hoping to have handled most of the recent questions that have been emailed to me (there were a LOT of ’em in the past week).



One last thing…


Unfilled breakaway gaps often indicate intent by the pros…

Magenta lines on the daily bar chart above show unfilled gaps DOWN.  Now you can see why I was pressing the point here that the pros were INTENTIONALLY forcing the market lower after four unfilled gaps in a row off the top!

Well, looky what happened just after the recent bounce… there was an opening gap HIGHER at 2220.50 on 24-March.  That was a decent hint along with the range bottom  counter-trend buy alert that the pros were ready to go up for a bit.  They ultimately went EXACTLY to the intermediate stop/reverse line and then we got an opening gap DOWN today at 2569.75.

The S&P 500 Futures players loathe unfilled gaps, so those recent two open gaps at 2569.75 and 2220.50 may define the near-term targets and possible restraints for a consolidation zone, if that is indeed the pro’s intent going forward.

Put that open gap lower today at 2569.75 together with the long-term range bottom counter-trend rally alert and the open gap at 2220.50 and perhaps we have a fairly decent roadmap for near-term trading range expectations between those gaps.

Pretty crazy world out there right now, so all the usual caveats apply.

…my .02



Market Update


As I type, the S&P 500 Futures have been moved right to the short-term stop/reverse line, which is currently located at 2386



The Parliament of Whores in Washington DC are tantalizingly close to delivering what their owners desire most… Porkulus 2.0!

In my opinion, this WuFlu nonsense is all about raiding the US Treasury (this is act 2 in the play after the pros netted hundreds of billions in profits in the Quadruple Witching Heist).  The show is now being spoon-fed to a completely subjugated populace, who are forcibly seated (conveniently) in front of their propagandizing devices.  The programming underway is complete with staged theatrics from the Democrats and is all carefully designed to add just the right amount of tension to the performance–which will crescendo to maximum tension just before the glorious release of misplaced joy when the fait accompli is announced.  Don’t be fooled by the Republican versus Democrat pablum… those slithering snakes all serve the same masters.

President Trump, as usual, appears to be on defense in the way he deals with the perpetrators of the ongoing coup d’état.  Everyone keeps wondering if he will grow a set and start to mercilessly slap these imbeciles down, but alas… over three years without a single bad guy being punished does tend to diminish one’s expectations on that front. I will say, though, that IF he is going to do something dramatic–NOW would be a VERY good time to do it.

It would appear that the snakes were again setting President Trump up here for removal from office.  Recognizing that, he appears to have decided to go all-in with the Government Santa Claus (Bernie on steroids) routine that the global socialist left was planning to use to drive public opinion against him.  If my analysis is correct, then it is probably brilliant politics by Trump–but an ongoing tragedy for the world that these evil people continue to operate with complete impunity.

I have the sense that President Trump might just have a giant rabbit ready to be pulled out of his hat.  The man is far too clever and politically astute to be outmaneuvered by the laughably inept globalist dolts, as has been demonstrated time and time again as their plots fail one after another.  I look forward to seeing what he does–and I really look forward to being released from house arrest once Porkulus 2.0 is stolen.




Several of you have sent comments to me regarding the open breakaway gaps I frequently mention in my analysis.  The simple daily bar chart above paints a picture worth a thousand words.

Open breakaway gaps occur when the pros force the futures in a particular direction to influence the cash market.  In that sense, open gaps can show INTENT by the pros.

On the daily bar chart above the magenta lines represent unfilled opening gaps DOWN.  The cyan lines represent unfilled opening gaps UP.

Notice that we have a series of four unfilled gaps down on the chart above.  This whole takedown deal started with that first breakaway gap lower at 3328 on 24-February.  There were then three more of those and it is those gaps that I was referring to when I said repeatedly that this market was being INTENTIONALLY forced lower.

Those magenta gap lines will become major targets if/when this market turns back up.  But in order for the market to turn back up we would expect to start seeing a new breakaway gap UP to show new INTENT by the pros.  Well, look what happened last night… we got our first unfilled breakaway gap UP at 2220.50!

It remains to be seen if that gap will stay unfilled on the next pullback.  If it does and the short-term trend flips higher then the major targets to the upside will be those magenta gaps.  THOSE LINES are where the ready sellers will be waiting to be untrapped from their failed knife catches and that is exactly what I was talking about yesterday when I said the market will either have to chew through that resistance caused by waiting sellers–or else the pros will need to skip over that resistance in order to freeze those sellers and turn them into holders (with profits).

So, let’s keep a very close eye on the first gap UP to see if it holds during the Porkulus 2.0 stage performance currently being presented.  The pros have achieved everything I thought they would on the downside with the OpEx push under 2319.50 support–and then the bounce off 2196 confirmed support on the weekly chart–which was where the original bullish breakout started after President Trump was elected.

A short-term bullish trend reversal will occur IF the S&P 500 Futures closes above 2386 today.  If the new breakaway gap UP at 2220.50 also holds on future pullbacks, we could indeed have a double-bottom set. 

Lotsa if’s still, but this is the very first promising setup since the OpEx/Porkulus 2.0 engineered takedown began.

…my .02





Market Update

The screen capture above shows the summary tab for the S&P 500 Futures as I type.

Nothing has really changed yet.  This remains a fully-bearish market (BEAR 10 rating at Stops and Targets) and all trends remain down below the Short-term Stop/Reverse Line, which is currently located at 2460.

Since this market is trending bearish, that line is equal to the last lower high on the daily bars, which was set on 19-March.

Yes, Friday’s daily bar high did briefly poke above that line–but it also poked just below to create an outside bar, which is the bane of trend followers–but a delight for range traders.  That stunt was no surprise on OpEx as the pros pulled out all of the stops to maximize their gains while minimizing everyone else.  It’s what they do, and they are damn good at it.



For a solid overview of the Big Picture let’s take a look at the major timeframes on my charts, starting from monthly bars (long-term), then zooming in to weekly bars (intermediate), and finally to daily bars (short-term)….


click image to enlarge


The chart above shows monthly bars.  Each candlestick bar represents one month of trading in the S&P 500 Futures using continuous contract pricing adjusted to the current (June 2020 expiration) contract.

The clear takeaway is that the pros aimed for and then achieved raiding the huge trove of stops under 2319.50.  That move sticks out like a sore thumb and is obvious to me.  THAT was the target for the operation to maximize the Quadruple Expiration Heist, which is now in the rearview mirror.

One thing we can assume, without any hesitation, is that the pros are/were all-in on the short side meaning long puts, short calls, short stock and all the while selling with both fists to drive this market down…intentionally!

The put and call options profits for the pros are now all in the books as of Friday’s close–and it was e-n-o-r-m-o-u-s-l-y profitable for the insiders (Senator Kelly Loeffler is married to the Chairman and CEO of the NYSE, for what that is worth anecdotally).

Now, what remains is to settle the equities that have been ‘put’ to the put sellers.  Most put sellers who were exposed to huge losses limited their exposure by buying offsetting puts to close their positions, but many would have stock assigned to them at prices perhaps well above the current market.  What do you think those folks are going to do next?  Will they sell the underlying stock at huge losses?  You bet they will if we get another engineered plunge down (and many will also sell if/when they get back to ‘break even’).

So, let’s take a worst case scenario for bulls, which is also a best case scenario for bears–and look at the next target lower…

Do you see the two solid green lines at the 2091 area?  Those are confirmed support lines that were created when the resistance from a previous bearish trend was overcome to the upside.  That old resistance became new support when the trend flipped way back in 2016.  In other words, that is where the market began to respond with exuberance after the Trump Election Victory in 2016.

Now, take a peek at the dashed gray line just under those two lines at 2039.50.  THAT was the election night low in the futures where the pros flipped from short to long (because Hillary lost) before driving this thing WAY up.

It would seem that the global socialists might now be sending a not-so-subtle message to President Trump and his supporters…  That message is ‘we can take it all back’, and they almost have in a very short time.  If President Trump doesn’t do what they want, then the next plunge could be to take out the last tiny stock market remains of the great Trump economy (which came entirely at the globalist’s expense–and they did NOT like that!).

So, bottom line is that the OpEx target and their brutal mobster enforcer message was most definitely achieved.

Remember when I wrote that the pros almost always select stop areas under untested support in bearish raids–and untested resistance above resistance in bullish raids as targets of an engineered move?  Well, the next level of untested support is under 2039.50

If I were a global socialist, and thank God that I am not, that is exactly where I would go if my intent was to completely undermine the underpinnings of Donald Trump’s most glorious accomplishment… which was the amazing US nationalist economic boom as a result of his America First policies, which were clearly working spectacularly before this organized attack was launched.

Imagine the Fake News headlines if they were to go BELOW that mark; ‘ALL Gains Since Donald Trump Assumed Office Are Now Gone!

The other side of possibilities here is that the pros get what they wanted at Friday’s OpEx AND The Parliament of Whores in the US Congress passes their Porkulus Bill 2.0, which will add TRILLIONS to the debt (which, of course, the pros hold).

Okay President Trump… the cards have been dealt and so now let’s see what you have got!  These globalists are clearly very formidable foes.  Will you choose to fight Mr. President–or to fold?  I hold a small glimmer of hope that you are going to pull an amazing rabbit out of the hat at the end of all this, but it is just that… a very small (but still hopeful) glimmer.




On the weekly bar chart above, we can move in closer to examine the intermediate timeframe and to also check in on our Weekly Bar Paradigm…which is now being tested for only the 11th time since 2009.

We see the same setup I mentioned above with the raid of stops under the last higher 4-bar weekly pivot low (starting at 2846.50 and now below point number 10 on the chart above).  We also see a bounce off of weekly confirmed support at 2196.

Now, let me provide the best case scenario for bulls who would be hoping to ride the 11th installment of the Weekly Bar Bullish paradigm buy–should that event transpire.  The pros got their OpEx loot under 2319.50 on Friday.  Let’s assume they get what the want next with a new Porkulus 2.0 robbery in the US Congress… There is nothing more revered to pattern traders than a double bottom chart pattern.  If the pros decide to set a double bottom, aggressive counter-trend traders could use 2196 as signal and 2319.50 as a buy entry when crossed.  They teased that a bit this morning–but alas, the Congress Critters misbehaved.




Moving in now to the daily bar chart (see above) we can see the same 2196 confirmed support and then a concentrated band of confirmed resistance (where support was broken on the OpEx stop raid) between 2243.25 and 2342.  The futures poked through that band briefly this morning, but it was only an early head fake, so far.

Now, and this is a big point that I have been pounding the table about over and over again here… The short-term trend cannot possibly turn up until we get a breakout above the short-term stop reverse line currently at 2460.  The intermediate trend cannot possibly turn up until after the short-term trend gets flipped, and so forth.  Do you follow my point?

Yes, somebody is going to ultimately catch a golden knife at the turn with all the ensuing glory and full bragging rights–but look at all the dead bodies of hopeful knife catchers now littering the field from 3386.25 all the way down to the current low at 2174!

There are currently a LOT of underwater speculators out there who can’t wait to sell once they ‘break even’ on those failed knife catches.  Those are the sellers that will have to be overcome before a sustained rally can get going.  Only two ways to do that is to either slowly chew through them–or by the pros pouring buy orders into the the futures on the long side to skip above those exit stops and turn ready sellers into hopeful holders (with profits).

That all depends on if the pros they what get what they want from the detestable, pusillanimous, bottom-feeding (too much?) politicians they own (in my opinion).  Makes one wonder if all the suspicious lockdown orders issued by politicians are actually intended to keep the pitchfork-wielding mobs from storming Washington DC while they accomplish their assigned task.

Whatever happens in the broad markets going forward will originate in the Futures.  My advice is to watch them closely for clues.  Easiest way to do that under the current conditions is to continue watching the Short-term Stop/Reverse line at Stops and Targets.

To my bearish friends, don’t let the pros drag your trades to the other side of that line!  To my bullish friends–I know it is tough, but it is best to be patient when selecting new entries and to wait for the bearish pattern to change and confirm.  A lot of damage has been done to the markets and the way damage of this sort is typically ultimately repaired comes through long periods of annoying sideways consolidation.  That consolidation is caused by an abundance of willing sellers at resistance levels above.  Those resistance levels are where the previous knife catchers are waiting to exit–and the bears, who have been awakened after a long hibernation, are eager to sell short.  There are just too many potential sellers above until/unless we start to jump over resistance lines, which is what ignites bear market rallies.

If I were writing the Tom Clancy-esque script for the President it might go something like this… First let them pass the huge Purkulus Bill 2.0 and then immediately announce that China will be paying for ALL of it.  Seize their US assets, cancel all outstanding debt owed to them and then impose punitive tarriffs on ALL Chinese imports until the debts are fully paid (with interest).  And then for the coup de grace, I would seize the Federal Reserve and wipe out the ALL the debt on their books (since the right hand just owes the left there anyway) and tell the globalist bankers to pound sand!  Yes!  …and there would be non-stop televised perp walks on the newly nationalized TV Networks (formerly Fake News/globalist assets)! 

Yep, that’s what I would do!

But it remains to be seen what President Trump actually does about this audacious assault on America, if anything.  There are very powerful forces in play here.  Strong opening moves by the black team!  Now, let’s see what the white side has in store for either a response, or a surrender.

The Short-term Stop/Reverse Line is currently at ES 2460!

…my .02





Market Update

Today is Quadruple Witching Day where stock index futures, stock index options, stock options, and single stock futures ALL expire simultaneously.  For those who want to understand the phenomenon better, here is a good link from Investopedia:

The trading volume today could be epic!


There have been some rumblings that the financial markets might be closed or the hours shortened in the coming weeks under the auspices of the Coronavirus clampdown.

There have also been rumblings that any coming US government bailouts to corporations will NOT be extended to Chinese-owned/controlled US companies.  One wonders if the real reason for this Coronavirus scare doesn’t go quite a bit deeper–like maybe China deep.

Here is a partial list of Chinese-owned US Companies, and some of them might just surprise you…

*That list above only goes to 2013, so if anyone is interested then you will need to do some additional digging on your own to find out if you might be invested in companies acquired since then.

Also, many may remember that President Trump ordered ALL US companies to exit operations in China in late summer of 2019:

You can do with the above information whatever seems appropriate–but I am not personally looking to be an owner of any company controlled by and/or otherwise in bed with the Communist Chinese at this juncture.  Just FYI.


Oh, and in case you didn’t know…

One of four (so far) US Congress Critters who have been exposed for dumping their stocks immediately after a Senate briefing about Chinese Coronavirus implications (and whatever else is not yet being told to us) is Kelly Loeffler, a senator from Georgia (who was appointed in 2020 against Donald Trump’s recommendation).

Guess WHO she is married to?

This guy…

Jeffrey Sprecher is the CEO and chairman of the board of The Intercontinental Exchange (ICE)

He is also the chairman of The New York Stock Exchange

Remember when I said that the pros were driving this market down ON PURPOSE?   😉


You don’t typically shut down the entire world economy over a simple flu virus.  There could be something much more foreboding lurking under the surface–and it might be that all-out financial warfare has been declared on the US in a combined effort by the global socialists.  If that indeed proves to be the case, then I sure am glad we have Donald Trump as our wartime President.  That man knows how to turn the screws economically on the bad guys–and he makes all the right sort of enemies.


*That’s a new record short rant for me.  🙂

…my .02