Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
PCE in line and everyone is absolutely sure the FED will cut cut cut. I am also sure. The drop was steep enough for a correction and only 7 days.
Since most corrections or wavelength is 2.5 to 3 months long a low at 7/24 puts the next high at 10/24. That is 2 weeks before the Trump speech. Given the length of the last correction and only a 7 day drop it is also possible we lead into the November speech as we recover from the next corrective lows. Who knows. I just don't see an ending pattern for the whole structure here. As unbelievable as it sounds, we could just stay in a steep trajectory higher till end of 2026 WITHOUT any dramatic drop.
Until some clarity I can only guess from here. Worthless random guesses. My assumptions are as good as anyone's here. If we are in a decent period of lower inflation this can last easily till 2026. Absurd valuations mean nothing till there is a spark to wake people up to the notion we are about to go into free fall. Don't see it yet.
Big PCE report before open on Friday. 9 out of 10 analysts, brokerage house, bank, tv personality has been saying the same thing for 18 months now. The FED needs to CUT RATES. Not a single one has looked back and said gee whiz this economy is humming along. Since the FED has flashed their message of a rate cut September, they are stuck The PCE better be tame. Now looks like the majority of the drop already happened and a slow retrace and rebound till August 6th.
Since Harris has a better chance to win than Biden we can expect a really nasty desperate smear campaign. In truth 90% have already made up their minds. Thats why the switch in the Democratic ticket had such small changes. Like Trumps conviction it starts out as hope and good wishes might just happen to be dashed rather quickly with new POLLS.
Like an announced Pandemic everyone saw what they wanted even if it meant extreme irrational choices. I am embarrassed to learn that even here in the most progressive easily accessed daily events and verifiable news we still choose to believe our inner thoughts over reality. It is an easy switch that requires no preparation or pain. The ease at which the Germans and occupied France accepted their version of reality included mass murder based on race and religion. We are about to elect a man that repeatedly tried to steal the election by any means. We seem to praise him for it. Even the Supreme Court went out of their way to make sure he has a good chance of winning. Reading only a chronological fact sheet over the past decade using unbiased recalling of events should make all cringe by disbelieving it happened here. But wait, why bother with the past or present. The future will be shut out completely by those that cheered Trump on even at the most horrific inhumane moments. But they will not escape the same fate as all Germans did. You see it is impossible to maintain a Ponzi Scheme as Trump tries to strip lower and middle class of power and status in order to appease his elite storm troopers. He can stimulate economy with more debt, lower rates and do away with all corporate restrictions and safety concerns. He can hand over money to the top tier and wall street with debt and slowly strip 95% of the population from their money and benefits. The disparity TODAY is so large that even before the Great Depression the gap wasn't this big. Corruption in all branches of government. The bribes and kickbacks seen by Trump is a microcosm of all branches of government.
Bring on the rate cuts! I do hope the PCE report tomorrow doesn't shake this party up.
Insane! Earnings not up to expectation. Street desperate for rate cuts even with a strong GDP of 2.8. Fed signals it will oblige this September. If service sector is heated up as it clearly is you never ever cut rates. Economics 101 except when the street is hooked on ever increased profits instead of resetting excess economic activity reducing discretionary spending reducing personal debt. Watch what happens when they cut rates here.
A perfect storm. One not seen since the early 70s. Add trumps massive dose of drug infusion. The street has been crying for rate cuts even as the economy adds huge job numbers and a GDP over 3 percent for a very long time. Insane. The street is worried that the gravy train will derail? They are demanding the Fed listens to them to make sure it derails. Yup any drop here will be turbo boosted in September when the rates get cut. That should help the market stay floating on cloud 9 till Trump opens his mouth as president.
SPX 5422 is Rick Ackerman prediction for the lows of this wave. His proprietary method on momentum. He claimed this a day BEFORE the drop. It hit intra-day 5421 before settling above near end of day. Does this mean we have already reached the lows? Not sure. Putting out a system that has worked before. It doesn't tell us if it will hold only that it can be a bottom.
Seems earnings are once again giving the jitters. Every 3 months so far and this is no exception. Correction or something else?
Why waves seem to happen in 3-month intervals. Quarterly Earnings. Shake up from expectations to reality. But for many of these wave structures earnings drops always come back with higher future expectations and that's how we have a 29 on the SP P/E ratio today. If I am correct, we should have a decent rebound followed by one more drop filling the 15-day slide. Today was bigger than expected but still expect the timeframe and target to be hit.
28.36 current SP P/E. Shiller dropped to 35. Not exactly a correction.
Now right after the earnings season we should revert back to the strong notion and hope the FED drops rates in September.
5350 should be the final low of this current correction. It should end on 8/5. Already a 100-point drop in SPX. that assumes either a decent rally back up again or a slip/slide that is shallow for the next 2 weeks. Anything harder suggests the whole structure is complete and a long nasty drop is about to happen. Frankly I just don't see it. I must assume a correction here.
The dollar and yields have been very stubborn for many months. No real direction, no breakdown or breakout.
The initial boost for Harris, even with the added money should not sway the outcome. My preferred scenario is one last rally up to Nov.5th. Can't determine where we end up on November 5th today but assume wherever it is we have a nasty short term drop after. Odds on favorite drop would be steep enough to bring out the greed in droves. It could also just be a normal rebound in a very long upside potential lasting till end of 2026, as Fibonacci suggests. No way of knowing since i don't have real actions by TRUMP and real economic impact yet. I suspect the street and consumer ignore the long-term ramifications of his actions and focus on greed and immediate self-gratification. That should start out with huge cut for the poorest consumer, the one that doesn't contribute to the overall health of the economy. Social programs for the fringe consumer will just sink with no one really caring. When the added application by Trump on new rules regulations and policy that affect the middle class that also will take time to realize as debt just mushrooms further. It is possible for another torturous 2-year stock market in positive territory. It actually makes sense since the 50% that ignored his crimes and immoral corrupt intent only care about how it benefits them.
There are people already preparing for leaving this country and even if only 3 to 5% that is a startling number. If only half actually decide to leave that would make the supposedly safest free democracy in the grips of pure fear for their lives. Looks like I am not the only one. ME, I see war breaking out and leading to nuclear conflict globally. The GOP can't reverse course and when they decide to it would be way too late given the Supreme Court ruling. But that takes time. Not happening overnight but the signs will be there like the detection of a pandemic virus in the early stages. Ukraine will first be supported by the NATO nations but without US help and even a complete reversal of backing that will deteriorate into a win for Putin. China is the big question mark. Will graft and greed hold Trump back from his pledge to punish China.
Interesting times ahead.
ONLY problem with rate cuts is the hot service sector. Actually getting hotter without rate cuts. The FED has a problem, and they know this economy driver is service, not manufacturing. Will they go ahead a lower rate anyway from the pressure of Wall Street? I am simply amazed how restaurants, bars, clubs and shops are maintaining a strength that defies logic. Spend beyond means has been a mantra for generations now. If inflation takes hold again, we crumble. Fall and don't get up. How sure am I? Very!
This euphoria in economy is also with 50% of the population on the political front. Those 50% aren't weary or even fearful of the future but downright gleeful. They see a major shift that will finally place them as rightful owners of this country. Out of the other 50% it is a mixed bag. Some are sanguine about the political situation affecting them. Some are fearful and frightened. Most are in between.
Once the Supreme Court handed TRUMP the full power of a dictator he will oblige immediately. Giving away the store by cutting taxes, corporate restraints, pollute for profit, shift international alliances and priorities, clamp down on liberal thought and practice, shift ownership to white Christians and instill washed down history to cleanse the soul of any past wrongdoings. Make sure the younger generation see only what they want them to see. Their doctrine has been out for all to see and for a reason. they know the masses APPROVE!
Iit is not so unusual for an out-of-control dictator to hold up the economy while destroying the infrastructure. I suspect we get a one two punch. The first punch on Nov.5th will be a stinging one but quickly recover from making all sorts of excuses why he didn't mean what he said. The second punch will be the knockout. How long between the punches is sort of determined, the range anyway. Anywhere from immediate taking control of the helm to 2 years after. I suspect 2 years after is the more likely timeline.
15-day drop is now likely. August 6th should be around the lows of this cycle. It would fit almost too perfectly with a final 3 month move up till Nov. 5.
Money pouring in as the Democrats show relief that Biden finally stepped aside. Harris will make the vote more interesting and tighter, but the committed voter will not change course here. Waste of so much money into a race that is already decided.
Trump is back with his nasty campaign actually blaming the Democrats for the assassination attempt. The man has no scruples, no empathy for anyone but himself. The ultimate narcissist that has been the green light to become dictator and delve out punishment to those he deemed disloyal. His speech will be so vile, so transparent, so Orwellian that it should crack the euphoria on Wall Street at least for a small while before they delude themselves into thinking everything will work out.
To this day I can't get over the ability of humans to put tight blinders on and only see the things they want to. The Pandemic was a perfect example. Imagine having a script written out for you 100 years ago and ignoring it. Imagine having the science of today being denied till ONE death struck our soil. That ONE EVENT proved to me that irrational behavior from the average layman to the fanatical number crunching analyst is all the same. No amount of knowledge, scientific background, analytical skills is a match for the human brains overwhelming emotional dominance Crashes occur simply because the buildup and height of euphoric assumptions narrow the vision of the disparity. Climbing straight up without the worry of a fall. Debt is so stretched that any attempt to lower rates will only stretch that disparity further. Like an addict needing one more fix. It solves the immediate danger but sets up for an inevitable crash, one that could have been prevented had that addict been given help instead of more drugs.
Will the FED LOWER rates in September? Street already factors that in. Like the 70's we seem to repeat the same mistakes. This time around the debt structure will never hold up in stagflation environment. in fact, it will destroy the last 100 years of progress. .
https://www.msn.com/en-us/money/markets/black-swan-investor-warns-the-greatest-bubble-in-human-history-is-about-to-pop-and-stocks-could-lose-more-than-half-their-value/ar-BB1ql2MI?ocid=msedgdhp&pc=U531&cvid=83f3bbd57b4c49739ad776a2d234cd3f&ei=37
One hedge fund that calls for a 50% drop. They will be right eventually but wrong in the longer term. A 50% drop is actually expected by many and even though they are clueless when it will happen, they are assured it will be a GREAT opportunity for yet another surge higher right after. There is such a thing as breaking point. in economy, debt, as well as political structure. Unfortunately, i expect the market to drop past that 50% mark when we have a military conflict that turns into a massive death worldwide. CASHING in on being right will be difficult then. Al most all think I was lucky so far in guessing the massive shift in political structure but don't believe it will be permanent nor that harmful. Just watched the RADIANT GIRL. French Jewish family that carried on as if there was no war nor harm coming to them in 1942, AFTER Germany took over. They PRETENDED and convinced themselves the FRENCH would never allow Germany to harm them. It showed a progression from wearing the Jewish start to denial of food and jobs because of their religion till finally being rounded up. The current situation is a stark reminder of how the path we are on is irrevocable and damning. We JUST DON'T SEE IT YET!
How does one prepare for economic ruin and a police state? Only a bold plan of extremes will you have a chance of survival. That means leaving this country and all others that can be affected by upcoming events. A hard choice and 99% of us not willing to make. Just think about your thoughts 10 years ago. Had i presented such a current scenario i would be laughed at and ridiculed. (I have been). Even TODAY while not many laugh quite as hard, they do scoff any notion of such a drastic dire future. Not out of intelligent analysis, but rather an emotional one. Heck we can't even reconcile voting for a man with rape, extortion and sedition as a given. We have already decided trumps hate divisiveness and prejudice will be realized and thankfully relieve us of the SAME THOUGHTS! HE is DOING what WE WISHED all along. Hard concept to admit isn't it but that is the ONLY conclusion one gest when evaluating his strong chances of winning. Funny thing is that when I present this analysis, I only get one liner deflecting from my main point and facts. It is as if they are not true and no need to bring it up. A total denial stage.
Final pressure by all key democrats FORCED Bidens hand. Harris will capture a whopping 1 percent more than Biden and all by BLACK votes. A slim move and not nearly enough to even scratch the surface of trumps lead. Electoral college is a given.
Market will shrug on this announcement of endorsement to Harris. Is this a 15-day correction? Soon find out.
Important inflation data next week. I suspect it exceeds the expectation but not enough to conclude the FED starts the rate cuts in September. I also expect inflation to soon start another spike move catching all by surprise. Might happen coincidentally with the November 5th speech. This economy was called DOA as soon as rates started to rise. The street was WRONG! Will be wrong in assuming a breakdown in activity and slowdown in inflation.
But that is for another day. The Dems are cheering the news but sobering reality should bring back the gloom when the polls hardly budge.
Who will win the 2024 US election? 79% pick Trump, 1% say Biden: investor survey Help, the democratic party has fallen down and it can't get up.
I am still TRYING to claim a path for the Nov.5th deadline for a reversal. Nothing is glaringly obvious. It should suggest we don't have a final all-time top scenario yet. Maybe it is in 2026. Maybe the Nov. 5th drop (if there is any) will be milder than thought. Maybe even a dramatic drop as i expect will be reversed in the next 2-year move. Trying to tie in TRUMPs actions with a final solution is hard since he is so erratic. Will it take another 2 years to see a massive blowoff?
November should hand us some clue. A "normal" but fast and steep correction or the start of the end. Those are my 2 current choices.
WRONG on immediate pattern. The straight down suggests a 15-day wave correction. Now here is the interesting part, it should end around August 5 or 6.
All prior waves lasted 2.5 to 3 months. That places it on November 5th and 6th as the full 3 month move. Coincidence?
You must remember that I look at patterns as they develop and if violated try to find the right one. No magic involved. It might seem chaotic, and it is. Nothing easy about deciphering the stock market. The ONE advantage i have is my strong belief that gentle Trump will EXPLODE once he is announced the winner. His MO. He can't help himself. In the next and possibly last election TRUMP will go to war, force a breakup of our alliance, take graft on a huge scale. I suspect most if not all will occur. He will also KILL in retaliation simply because he believes, and rightly so, that he is above the law. The supreme Court said so. Their craftily worded decision on immunity makes it virtually IMPOSSIBLE to prosecute.
Even if Harris becomes the nominee TRUMP has solidified his base and expanded it where NOTHING will reverse their hardened choice. A close race would mean the RNC use every means at their disposal, and even illegal ones, to dispute and overturn the result if it happened to go in favor of the Dems. They will push it till it breaks. Either the Democrats willingness to defend the constitution dissolves or an all-out riot. If it is NOT close, as i suspect, given the electoral college count greatly favors TRUMP neither of those issues will come up. What will come up is the realization by many on wall street that trump is suicidal in his approach and will destroy the economy. It should create either a decent fast drop or an actual crash.
Nov. 5th should have an impact and give me a timeline for the eventual long-lasting crash. I suspect like the announcement of a Pandemic it was a short, very short, concern followed by blinders till 5 weeks pass with one death on US soil. The blinders on TRUMP will be much longer with no deadline other than a Fibonacci assumption of late 2026.
6-day event on Nasdaq ONLY. The 3 indices are out of sync. Let's see if that holds. On the political front obviously Trump and his running mate is giving them pause on their party choice to win the election. Add the growing storm and pressure for Biden to exit. that is now likely. he has no support and no funds. Harris is a shoe in to replace him. While she can deliver mightily in debates and expose Trump for a liar and fraud the outcome, I am afraid is still set in stone. People know who trump is by now and no new revelations will change that. Harris should do marginally better than Biden, but TRUMP HAS IT LOCKED!
Normal correction till th charts say otherwise.
Latest chart pattern and move between NOW and November 5th.
Revising my short-term move. Sems the odds favor a 6-day event and that should conclude tomorrow. There can be spillover on Friday BUT the most likely end of week would be on the upside. IF that were to happen, we should have yet another wave that fits in the early October highs. After that a perfect setup for a slow drawdown till November 5th followed by a finishing drop lasting a week or so. How steep a drop is anyone's guess.
My preferred chart pattern till November 5th is one more wave up, lasting till early October followed by a drawdown that will look like a "normal" correction till November 5th. How the last stage of this drawdown reacts (if there is a drawdown at all) tells me if I have a handle on the market psyche leading up to and including trumps acceptance speech.
November 5th is similar to my adamant stance on the Pandemic announcement. Biggest difference is that I have a comparable date of the first death on our shores. Market should react but given the already favorable view on Trump all the benefits he presents on November 5th should already be baked into market move BEFORE! That should leave only negative responses from unexpected announcements on that date. Thats my theory anyway.
How can we get that next advance? FED already strongly HINTED that a rate cut will be seen this September 18th. The MOVE from September 18th to first week of October should be the spike move. I will probably be betting on a spike move higher from the FED meeting. AN unusual bet for me being so biased on the downside.
TODAY is either a truncated wave or just a normal smaller wave correction that should ONLY LAST 6 DAYS. This is day 5. The usual wave structure lasts between 4 and 5 months. this is only 2. If it is a sub-wave next week, we should have a rebound that holds. In either case we should last till November 5th at near record highs. I know this because a 100-year-old returning Pandemic had the rection of total denial for 5 weeks till ONE death was on our shore. That is so ridiculous to contemplate yet here we are with TRUMP and with a known entity with predictable patterns. Yup we should pretend we only see the greed part and excuse away the rest. you know like doom to the planet. death in the billions. Small worries but none needed to be thought about yet.
How complete is Trumps hold? The teamsters Union Boss at the RNC convention.
The piece, titled "The Promise of Pro-Labor Conservatism," begins by suggesting that American workers are getting screwed because companies are using profits to "push diversity, equity, and inclusion and the religion of the trans flag."
Union Twitter Account Goes Rogue After President Speaks at RNC
"Unions gain nothing from endorsing the racist, misogynistic, and anti-trans politics of the far right, no matter how much people like Sen. Hawley attempt to tether such bigotry to a cynical pro-labor message," the Teamsters account wrote on X, adding: "You don't unite a diverse working class by scoffing at its diversity."
But they are mistaken. Each worker in that union that claims the honor of White Male Christian obviously hates his fellow worker to the core. We have a completed environment where each of us can use the part of trumps message to accept evil as our benefactor.
the speed at which this conversion is taking place is perhaps a slow built-up for decades but now it is sizzling hot. Biden and old man that sees himself as some savior is the antitheses. His hubris and refusal to see his own selfishness is as bad as Trumps transparent up front evil.
Can anyone continue to write a saga more heart pounding, more unbelievable, more dire in the fate of the world than the one we are living thru? The irony is that 99% of us have ways to dismiss this outcome also with all sorts of rational. Jews in Germans were worried but not enough to leaver till it was too late.
Chart Pattern relating to setup for November 5th.
It is NOW likely we have a 13 week drop. A correction for sure. An easy one to see and no panic developing into anything else.
Early October should be the end of the correction. For 4 or 5 weeks we should have a decent rebound lasting till Nov. 5th.
Will we have any response at all from Nov. 5th on? I suggest yes. I suggest it will be flash mini-crash or worse. So far our attention span for looking past today's results is so limited that we will dismiss our worse fears and start a long rally back to all new highs after that. In fact, we could see a strong market till end of 2026.
I myself can't imagine such a possibility but i can't imagine the scenario we are in today.
Best case and even most likely: Drop (corrective) till early October. 4/5-week rally. Nov. 5th triggers a deeper drop than anyone expects but not a crash. We should settle in and focus exclusively on Trumps giveaways to corporations and wealthy. They will become immune to political shakeups. Consumer initial response to trumps plan will be a big acceleration in economic activity, getting further into debt but spending like there is no tomorrow. In this time period consumers will be stripped of safety rules in all industries, cuts to the bottom third will be drastic but will have ZERO effect on the economy. the trickle up momentum will take the middle class in 12 months of his plan. Stagflation si the likely outcome. BUT even with all that Wall Street just might continue its drive higher. In 24 months of his plan there should be a gapping crack in which we all fall into it.
Less likely. November 5th triggers a harder drop and even crash scenario. We rebound slowly thru the next 12 to 18 months only to succumb to a fatal period.
One hint of trumps plan and it will guarantee and accelerate the doom i kept harping about.
Inflation - How to make sure you accelerate inflation to heights none expected? Add tariffs on China, rate cuts, tax cuts. A one two three punch!
Insatiability in political arena - Give China its blessing on taking Tiawan. Hand over gift rapped Ukraine to Putin. Strain our Allies alliance to the breaking point. Back Israel on all things and create a powder keg in middle east.
Domestic economy - Push for less restrictions on safety, consumer support, and reduce corporate taxes along with the top 5% wage earner. Reduce welfare costs like Medicare, Medicaid, Social Security. Destroy the environment with abolishing the EPA. Make alliances with all despots in trade and sever agreements with allies.
The amount of POWER Trump wields means every single thought he comes up with will be rubber stamped. He will KILL all he feels betrayed him with no concern it gets discovered. The Supreme Court made it an absolute guarantee he reacts to his most vile immoral thoughts without hesitation.
Disclaimer: My most wild outrageous unthinkable scenarios i placed trump in has already happened and with an even more horrific outcome than i could ever imagine possible. he is already KING! he controls everything. All branches. A man given this power and sanctioned by the POPE (Supreme Court) makes him a carefree man that can do anything he wishes without second thought or pushback.
The STREET comprising of a trillion dollars with AI, master financial gurus, analysts, brokerage firms, haven't the sense of an ameba. Add gasoline to a fire and expect it to be extinguished. This is our fate. A guaranteed result. In 4 years', time this market is likely to break way below the 2200 on SPX every dire prediction calls for as an absolute bottom. When you eagerly dismantle our Republic and ONLY see greed rewarded the disconnect is complete.
Our nation, our way of life, will make the Great Depression seem like a picnic. Again, I state the obvious. Again, I am likely to be underestimating the damage. How is that possible you ask. My imagination is no match for the devil's handiwork. Perhaps actual social political and physical civil war. Perhaps a real-world war. Perhaps a new police state George Orwell would be proud of. Perhaps a long decay lasting generation
ALL I KNOW IS THE END RESULT. No doubts. No chance of a course change. Prepare for the worse and then realize you have no control over your fate. Now i Must try to figure out any course of action I take will matter. It will be that bad and worse. The simple fact that this man can flourish and corrupt the 3 branches of government so completely should give yourself an honest assessment where we are headed.
One comment by TRUMP and the market gets nervous. Heck Tiawan will already be handed over to China once Trump takes the helm. Seems trump thinks they contribute nothing and has to pay up for military help. Wait till the Nov. 5th speech where he will be able to say everything on his mind and have zero repercussions to himself.
This TODAY is a restrained TRUMP. He has to be assured of winning first. But how in the world does the trillion-dollar market NOT KNOW what trump will say?
Same folks that can't understand the man is habitual in everything he does including lying cheating rape extortion sedition. I mean Give me a Break!
I call this nation Dumb and even Dumber. Thats why the stock market is SO PREDICTABLE! On the one issue of TRUMP. I have an actual date for the first test of my theory. Like Germany in the 1930's we will be shocked and disturbed at first by Trump but quickly accept and get over it. November 5th is the day "I" determine if my premise on timeline and cause and affect are real.
Tiawan and Ukraine will be taken completely within the first 6 months of Trumps new presidency. The union with Russia will strain our commitment to the free axis nations We will abandon them and start policies favoring all despots. The old Republican force will dissolve quickly. Trump will declare himself king and use the Supreme Court decision as his basis even if they try to pass edicts against him. Once they dare defy the king, they will be a broken branch of government forever after. I relish the moment the Supreme Court becomes a kangaroo court. Their gift to Trump just made their own death warrant official.
I expect our actions will not just isolate us form everyone but actually be on the wrong side of a world war. Moot point since history will be written by any faction strong enough to hold together after. A glorious cascading mushroom clouds seen by billions. I still question if our species survives this or is just another failed Darwin experiment.
If you think my words are just meant as a warning and not prophesy, check out my decade long posts on the subject. Today I can easily say my hopes and dreams for the future allowed me to hedge my assumptions. No More! We are as doomed as if a mouse had a chance of survival after it ate the poison. Odds seem kind of slim.
Russia China and all nations that want to dissolve the alliance with the EU will use platitudes and MONEY to bribe Trump.
Project 25 - Everything in this has already be warned by me other the years and i was told I was off my meds. Now that it is reality how does my dire but crazy warning stack up? If you say this article misrepresents the project than I know you are deeply intrenched in the devil's mindset and can easily accept rape murder corruption torture and sadism. Thankfully MY JOB will be over soon. i no longer have to cry the sky is falling do i?
https://www.msn.com/en-us/news/politics/can-you-hear-the-dog-whistles-project-2025-s-nightmare-vision-for-black-america-exposed/ar-BB1q594U?ocid=msedgdhp&pc=U531&cvid=bf59919d4c29489c96a977c347a3eefb&ei=29
Wall Street is downright giddy now that they know TRUMP will win. You know tax cuts, rate cuts, abolish all business restrictions and stupid consumer safety rules.
Now we will have an interesting dilemma on November 5th when TRUMP announces his plans. The tax cuts and rate cuts are a given. He will also mention retribution form his indictments, plan to intern 10 million illegals. place woman as subservient once and for all to men. Make Christian values, which he has none, be taught in schools, allow discrimination against blacks and minorities.
But the interesting thing will be the reaction from Wall Street. Will they accept and ignore his dictatorial rule and punishment regime on all that harmed him? the answer my friend is blowing in the wind. After hours market reaction on November 5th will be their initial response, knee jerk answer. IF it changes early morning, we might just get that correction starting there. We have a great capacity to ignore the unsinkable Titanics hull breach.
I am curious myself and not sure if greed ultimately wins over the known result from hedonistic ways.
I am glad EVERYONE now knows TRUMP will win. The rise between now and Nov. 5th should be telling. Any disruption should also be telling. A SP500 P/E at 29.5 and Shiller P/E at 36.5 are both approaching la-la-land heights but like all bubbles this one might just surprise us on the length of the ascent and quick rebound from any drop.
CAN we actually hit SPX of 61,116? Bitcoin fall to 41K? Momentum plays. Only the devil could make an assassination attempt look staged for trumps benefit. Imagine the odds of just nicking his ear. The devil certainly has sick humor. Indeed, everything that could go right for TRUMP has done so and for many years. I dare anyone could sell a book with the facts presented us and call it a believable fiction.
I can now relax as Biden is likely to stare into space when he encounters trumps onslaught in the next debate. Biden will likely blame it on his wife keeping him up all night with wild sex that depleted him.
The stubborn bear prediction now calls for a 10 percent correction by October. Pathetic call. It suggests their refusal for the last 12 months to accept a rip roaring bull tells me they are useless. Any analysis that can’t accept being wrong refusing to adjust isn’t one that can make money for their clients. Truth be told 99 percent of analysts and brokerage houses have a built in bias the other way. Always bullish. About to cross a 30 p/e on sp500. A 10 percent drop by October would be seen as a very bullish sign indeed. In fact it should be gobbled up. Wall Street is happy as shit that Trump sealed his win after the missed assasination. .
Wha can go wrong?
How much more drama can we have. Is all of it favored by trumps election chances. Who is kidding whom. The assassin miss by a nose make Trump a hero and defiant. Cannon on the day of the RNC convention dismissed the documents case on grounds all special councils are illegal.
The devil has more tricks than Halloween. Ca t wait for the fanale.
Wall Street surging on news that Trump will be next president. I can’t wait for his acceptance speech. Will Wall Street ignore a dictators edict on woman blacks and illegals? Stay tuned.
Wall Street could not be happier. Both presidential candidates have refused to leave office. One by sedition the other by clinging onto power. The outcome of this election is sealed and Wall Street loves it.
The Fed promising rate cuts but still insisting it will all be in 2025. Wall Street not buying it. The SP 500 P/E is now 29. Schiller is over 36. The euphoria stage is already here. It sets up for a disruption on my assumed deadline of Nov 5. Not likely it starts the crash setup but rather a nasty drop and should start and be over in one week or two at the outside.
The calm before the storm. More likely the eye of the storm.
https://stocks.apple.com/AzzrVl8LwSxGMqHxQEb_FpQ
One small unregulated fund cost banks and Wall Street up to 100 billion. Today the ability to take down Wall Street is as easy as the 20,s. 1920’s.
Fed chair just punched the Republican Party in the jaw. Surge in immigrants slowed down inflation by quite a lot. Trump promised to kick them out. Can’t wait. Biden refuses to leave. Polls have Trump winning against Jesus himself. Now running against the devil would be a close call. I posted on other sites my view and was called crazy. I reminded them just what the facts are with Trump and then I get zero response. Just like 8 years ago but with even more disgusting behavior to report. Wait till he causes inflation to run away and approach double digits. How can I be sure? Watch. It will take less than 6 months after his crowning to see it develop.
Was Trump convicted in civil court using witnesses. Defense team of trumps jury and judge? Just checking. Did trump announce on live Mike he is a pussy magnet that can grab anyone at will? Did Trump demand his secret service to let him lead the riot? Did he make 3 phone calls to 3 states demanding they find the votes for him. Did Trump refuse his gop leader in house for help to call of the riot and did Trump refuse. Did Trump endorse the state fake electors and did he threaten his VP to accept his fake state wins. Did Trump say to open viens pour Clorox to cure Covid. Did Trump steal top secrets and defuse to return them. Did he have his own lawyers lie on an affidavit to Claim all documents were returned. Did Trump use Hitler playbook at his campaign stops. Did he call military as suckers. Did he call McCan a loser for getting caught and imprisoned for over 3 years. On an on and You Call Me Sick?
I presented FACTS what is your excuse
Just answer the simple question. If Trump was exposed doing all I say how can you not puke when his name is mentioned. Maybe you accept it all because he and you are a bigot that wants to rid the country of non white male Christians. The Only explanation. Do you really hate blacks hispanics and women that badly????? We know Trump does. If you want a dozen facts to support my position just ask. Glad to oblige.
I presented facts. Just tell me where I was wrong. I would Love to give you a recent history lesson. And yet you call me out for saying the obvious? Hello anyone home.
Why is the street obsessed with rate cuts? The last 12 months have been exceptional. Not satisfied with double digit gains. Not undecided on future cuts. Unanimous we need them. But WHY? Perhaps debt load and need for big ticket assets to always gain in value? What happens when the music stops.
The slow economy in China still in turmoil and the summers known economic blues should keep Powell happy in announcing his assumption that 2025 will see many rate cuts. Not good enough. Market wants in by September. I am pretty confident that before September meeting the data starts spiking up again. If true the October month should see a decent slide and a set up for November crowning of a King.
The Supreme Court pretended trump was another person entirely and can't imagine he uses their new definition of immunity to kill his opponents. Seems their delusion is worse than the publics. Seems they have been insulated from trumps corruption and lack of morals. Seems they use their own viewfinder and deem him worthy. I on the other hand all but guarantee he tests his new powers out.
Forget my viewpoint. I will just present facts and let YOU tell me whether those fasts are wrong, or my assessment is wrong for the future.
2 Impeachments, 1 civil suit loss of million for rape. 1 sedition charge on January 6th. 1 extortion charge for trying to fix the Georgia election results. 1 charge for placing fake electors in many states. 1 charge for refusing to return top secret national security documents, lying that he already returned them, and showed them to anyone willing to hear them. Believed opening up your veins and pouring Clorox on them to cure Covid, Used the Hitler doctrine explicitly to define his stand on race and immigrants. 4 years of demeaning blacks, jews, minorities as president.
I am sure i am missing a hell of a lot more but these alone should be sufficient to make your minds up on reelecting the next president.
Tell me my frantic off the meds remarks these last decade was unfounded. Now tell my WHY those that loved and voter for his then would still do so? We are a self-destructive bunch of lunatics. Chasing phantoms to placate our own bias and mistakes. Those phantoms are anyone that doesn't look and act exactly like you.
Market will accelerate the spike move till November 5th. A first test and likely disruption. But hey not even the announcement that TRUMP can legally kill and assassinate anyone as an official business. The prosecutor for NIXON states this is the case, unequivocally. Want to challenge his understanding of the law?
I bring this up because you live in a fantasy land obsessed with stocks only. The first notice of life outside stocks will be Nov. 5th. it will last as long as the announcement of a pandemic did. For 5 weeks it was totally ignored. This time the timeline is not so clear. At what point will TRUMP test his powers. Will the GOP ignore even assassinations? I suspect so. Will the Supreme Court be able to reverse what they just ruled on. NO!
Am I crazy like i was ten years ago? I predicted something so wicked and wild all saw me off my meds. TODAY anything i dreamt of went way short of reality today.
You laughed at me because you knew it couldn't happen. Today you know but prefer to accept it as normal. See how bubbles develop. No, you will.
Nov. 5th the first test of the market in accepting the new reality. the second time will be the actual killings. But like everything thrown at us we keep on pretending everything is normal.
How can you anticipate the mother of all insane market behavior? You can't. the Tulip Mania failed to. The Pandemic failed to. Now this immunity for TRUMP fails to. He has done everything BUT KILL. Rape, extortion, sedition, attempted killing of his own VP, rioting, and treason. But not a killer yet. he will and soon. He will also have total immunity according to the former prosecutor of Nixon.
But why worry. trump is a rational moral ethical human being. So believing that guarantees you will never see it coming. No chart, no system. Without common sense everything is just a toy.
I now bring you back to your regular scheduled obsession on stocks.
This message is intended to interrupt your normal business alerts. the former Nixon prosecutor states that Nixon would never have been impeached based on the Supreme Court ruling. Trump is likely to test his powers and kill with impunity. This is not from me but a former prosecutor. Not only can be legally assassinate any person he wishes any person directed by him is also immune. The Supreme Court states clearly there can be no motive discussed or discovery against Trump. ANY official act can mean a DOJ, FBI meeting to kill his opponents.
But hey we already know trump hasn't committed any crimes. Rape, a sham, Sedition, don't believe your own eyes ears and testimony from Republics involved. Treason? Well, he did hand over the top-secret information to anyone willing to listen.
How can this affect the Stock market? Well, that's up to you to decide. Watch the speech on November 5th. See if that doesn't shake up Wall Street.
THAT IS ALL. I now return you to your scheduled program.
Richard Nixon got it EXACTLY RIGHT. He has absolute immunity. Nick Ackerman a Watergate prosecutor tell us the harrowing truth about this immunity by the Supreme Court.
https://www.msn.com/en-us/money/markets/monetary-policy-alone-cannot-address-china-s-growth-headwinds-from-its-demographic-crisis-analyst/vi-BB1oCoJz?ocid=msedgntp&pc=HCTS&cvid=aa82b3d432f646c993bae03fce05bb76&ei=20#details
IT IS EVEN MORE REAL AND GUARANTEED TO HAPPEN than say rain in the next 30 days.
TELL ME FOLKS, is it even possible for any human being to declare the sky is falling and be worse than what we already have? I guess my scary crazy lunatic off my meds comments these last decades were just a comic relief from what reality is and will be. Can ANYONE imagine TRUMP not trying his immunity out? ANYONE?
I would LOVE to hear from ya. Seems the reality of RAPE, SEDITION, EXTORTION and TREASON gets a free pass. There is nothing left.
*** The next pandemic has been recognized but like the previous one we refuse to see or accept it. Shut your mind off and it will pass you by. ***
I once again overreacted with my silly hysterical claim that TRUMP is above the law and can kill anyone he wishes with complete immunity.
Silly me. Why there isn't a corroboration of my claim anywhere on FOX NEWS. But i did get some nagging concerns, like mine, from some other insignificant newspaper articles. Notice carefully. the TRUTH does not want to be told by the MAGA news outlets. NOT A SINGLE ONE. Which is telling the truth, and which is totally pretending there is no news? Tis a puzzlement. NOW and forever TRUMP can KILL the day he is sworn in and there would be zero ramifications. Thats the LAW! Make it an official act AND ONLY THE PATSY THAT CARRIES IT OUT CAN BE PROSECUTED. In the first term how many of his loyalists are currently under indictment? But wait there is a catch. TRUMP CAN PARDON ANYONE CAUGHT FOLLOWING HIS ORDERS.
But hey the stock market couldn't care less. Business as usual. I will never affect them. Watch for a lot of mysterious deaths under questionable circumstances. Watch TRUMP even ignore the Supreme Court and in his official duty can GET AWAY WITH IT!
My question to YOU. Which of all the beaches of government is more deadly corrupt crazy and determined to destroy our nation? ANSWER: Who cares since EACH has equal opportunity.
=======================================================================
Oh yeah, the articles i happen to find in a 5-minute search.
Did the Supreme Court OK a presidential assassination order? Justices break new legal ground - Washington Times
How the Supreme Court’s immunity ruling opened the door for a shocking question: Can presidents kill their rivals? - Independent
US Supreme Court liberals lament ruling making the president 'a king above the law' - Reuters
Confidence in Supreme Court is dwindling; readers react to presidential immunity ruling - USA Today
The Assassination Hypothetical Isn’t Even the Scariest Part of the Supreme Court Immunity Ruling - Slate
The Supreme Court has undermined US democracy - Financial Times
'Extreme hypotheticals': SEAL Team 6 assassination resurfaces in immunity dissents - ABC News
What is presidential immunity? The get out of jail free card Biden could use to assassinate Trump - The Telegraph
SCOTUS Ruling Allows President to Send Seal Team 6 to Kill Political Opponents? - Snopes
The terrifying SEAL Team 6 scenario lurking in the Supreme Court’s immunity ruling - Politico
Biden Warns That Supreme Court’s Immunity Ruling Will Embolden Trump - New York Times
The Supreme Court just gave presidents a superpower. Here’s its explanation - CNN
Key facts from the Supreme Court’s immunity ruling and how it affects presidential power - PBS News
The President Can Now Assassinate You, Officially - The Nation
Sotomayor says the president can now 'assassinate a political rival' without facing prosecution - Business insider
Sotomayor Slams Supreme Court Immunity Ruling in Terrifying Dissent - New Republic
Supreme Court’s Trump immunity ruling poses threat to Democracy - Washington Post
Supreme Court gives Trump broad immunity from prosecution — for the past and perhaps future… - LA Times
Bribes, assassination and pardons: Immunity ruling leaves questions on unchecked presidential power - The Hill
Trump Lawyer Says Having Political Rival Killed Could Constitute ‘Official' Presidential Act - Rolling Stone
CITI announced, "FED could slash rates EITH TIMES starting in September". - now that's all the street needs are a reason to go 90 degrees straight up from here.
Ya gotta lov the tie in to a spike move from here. batten down the hatch.
The carrot is dangling on a string as the greyhounds chase it. FED Powell statement of the century. "Inflation will be in the mid to low 2% this time next year".
A BOLD statement and one he used at first mentioning Inflation as Transitory. WOW now that everyone is relieved, we can bet accordingly. IF he is right expect
any political turmoil to be detached from Wall Street. Now that would be interesting. The world around us crumbles and burns but Wall Street thrives. A possibility.
SMOOTH SAILING - for the stock market Fed promised everything is going great. Inflation well under control and we should see rate cuts in 2025. The Transitory Inflation news is back baby!
While maximum entropy is about seen in the political arena the complete opposite is seen on Wall Street. Can the economy accelerate fast enough to catch up with the political nightmare? Or will the nightmare be over soon and then contribute to the goldilocks economy. Is it possible for Biden to win or trump to lose? Is it possible the massive corruption in the house, senate, supreme court somehow abate?
JULY of 2024 and we are on track for more glorious market upside potential. More of the much-wanted change on Capitol hill. Since we all agreed that a coup was needed perhaps the next best thing is to actually vote in the coup. What can go wrong between now and November?
Israel, Ukraine, Tiawan will be front and center in 2025. We obviously side with genocide in Israel, leaving Ukraine for the Russians, and Tiawan to the Chinese.
Domestically we follow the lead on Supreme Court and GOP ban all books disrupting our glorious past with nonsense. Force religion in classrooms. Ostracize and punish gays and minorities for daring to be inclusive in our society. Make killing so much easier and legal especially if it is against the undesirables. reduce handouts and declare those needing it shameful. Increase taxes on middle and lower class while drastically reducing it for the very wealthy. But do so in a way that puts blame on the LEFT! Make corruption, graft, even treason an acceptable course of action.
That a year 2025 will bring in!
Gun Control, Abortion, Gay Rights, Presidential oversight on federal laws, States ability to wipe out any history they deem offensive, State rights to infuse religion on our children, State rights to ban books, prevent minority representation.
Just imagine after one man's crime spree from rape, extortion, sedition, treasonous behavior with Russia and secret documents.
Now imagine the GOP rubber stamps his criminality and encourages it.
Add to the mix a Supreme Court with a clear agenda with 2 actively supporting trumps effort to overthrow the government and passing the ultimate law that protects his actions now and forever. They will overturn the only criminal indictment and do so BEFORE the election to assure his record is clean.
Sealing our fate is Biden, an old man with obvious physical and medical deficiencies. His refusal to step down smacks of EGO and inability to care for the nation above his ambitions.
Thiis combination assures that the hand of the ant-Christ was at play. Not being religious let's call it maximum entropy, a state of extreme disorder.
When 3 branches via for supremacy when the order of rule has been destroyed it sets up for the biggest clash we have ever seen. The one that today seems supreme over all others is also the most vulnerable to be relegated to oblivion. The Supreme Court has no rules and can make law at will. The day they get pushback with refusing to comply is the day they become a non-entity. That day is fast approaching. As their rule favors the other 2 branches their symbiotic relationship is solid. When they do rule against them in an important decision that fracture will be complete.
This is assured! All 3 branches of government on November 5th will be like 3 rival gangs. Peace among them sharing their spoils never lasts as greed takes over. Like a Pandemic it will initially be ignored as it has been. The DAY the clash happens is the day we awake to the storm coming. All this is happening in one of the greatest longest stock market profitability. THUIS defines what a bubble of biblical proportions looks like. I suspect between now and the actual top all indexes will hit all-time highs in extremes. It will also usher in talks of a permanent Utopia.
I struggle with the notion that the actual act of uniting all 3 branches as co rulers over morals, ethical, and greed will NOT result in any significant change in the stock market. EVEN a TRUMP speech that shakes us to the core. Maybe he can get away with it yet again. Maybe no one will question it as real but rather rhetoric. Maybe massive deportation will be seen by the general public as good. Maybe his control over all aspects of our lives would be seen by those that voted him in as expected. Those that didn't as just t pandering to his base.
Can such a speech on November 5th be ignored or excused? I just don't know. I have always given the voter more credit realizing their mistakes. In worst case scenario there should be enough of the investors concerned since it is an international playground. It (SHOULD) causes a speedy correction. A 5-day event?
I will stick to my assumption both on Trumps need to spew out a venomous speech and the public initial reaction. I currently await the Supreme Court, out of its hibernation to welcome a challenge over the Hush Money validity. I spelled this out BEFORE their landmark ruling that TRUMP is KING.
As I expected from a decade ago. The closer to maximum entropy we get the more likely the realization and fight to prevent it. There are now only 2 sides to the fight as the chaos has driven us to one or the other camp. The day of reconning is finally here. The rule of nature makes it an easy call, we always revert to maximum entropy first. November 5thh we are exposed to the truth, and most will never look it in the eye.
10-year NOTE. It can't seem to drop from a long strong upside trend. not even close. WHY? is it a lagging indicator and will crash soon? is it usually unreliable in predicting the future? Nothing can be further than the truth. In fact, it is one of the most accurate measures of trend and direction WAY before the actual data confirms it. And it is screaming a major divergence is forming. The street is unanimous with the notion that inflation has been beaten.
What I see is even higher than i originally thought. the CHART has a path that suggests we hit 7.5% or even higher. How can that be? I don't know.
The timeline is a bit confusing and could slowly approach that number and take a while to catch on. I have no idea what or when the move will occur and frankly nothing currently indicates this will likely happen.
Stochastic are showing very bullish candlestick patterns on weekly and monthly charts. Given to stubborn but flat inflation of late we have to see a new trend higher once again before this will translate into higher yields. Am i reading into something that i want to see? maybe. BUT I ALSO see no chance of any disruption of the stock market till November at the earlies.
I am an impatient person and have lost money betting too early. This period of time has been the most sanguine for me. I just can't see any disruption of the upward trend here. I HOPE before November I do see signs of danger. if not i worry my announced new pandemic, trump presidency, will be a washout event. The first tremor should be early November. If it does materialize, I have faith the crash of epic proportions will follow in perhaps 18 to 24 months after the first drop.
I do believe most democrats know that JOE is going DOWN and in the first round. It will be UGLY! he is already down by 6% in the current polls from the liberal NY Times. His electoral college margin is much wider. It will be over before it starts. Once the polls in all states are closed, they should be able to announce a winner.
So how different is Biden than Trump? One is the devil and proud of it. the other pretends to be a saint but has the worst kind of sin, PRIDE. In truth it doesn't matter who runs against the devil for the devil has already converted all he needs to.
I am struggling with the Nov.5th impact. I know in truth it is like discovering a new Pandemic has emerged. The definition of a Pandemic speak for itself. BUT like the last one everyone ignored the news till it actually hit our shore and killed someone. Imagine the multi-trillion-dollar stock market ignored the inevitable dismissing facts, science and an actual track record of one that happened 100 years before. Astonishing, even to this day.
Will we repeat on Nov.5th and dismiss his blowoff Hitler speech? It should go one of two ways. The market immediately flips-out over the implications having a sharp steep quick drop followed by calming announcements by Trump, or the market completely focuses on only to positive part of the speech. I NO LONGER believe we have the big crash from the Nov.5th speech. Wishful thinking on my part. A rewind affect is most likely.
A drop of perhaps 10% in one week should do it. It would set up for the greed to follow. Does it last to the proper Fibonacci timeline and height? Or is it truncated? I can easily envision the cumulative effect of a mad out of control president venting and scheming to stay in office while destroying his enemies at the same time. I can envision a constitutional crisis by mid-term. I can't imagine what will bring it on since TRUMP has exceeded every single time his ability to create the most damage in an imaginative way.
The TRUMP regime should IMMEDIATELY force a new FED Chair to LOWER RATES regardless of the economic reality. That ALONE should prop up the market for a while. The more i think about it the more i am convinced Wall Street will speed up hill at a sprint before it just runs out of land and plunges to its death.
Oh lordie! 2 more years of this? Unfortunately, it does fit in my timeline and length of this last wave. In any event I will be betting for a steep drop right after the speech.