Ponzi World (Over 3 Billion NOT Served)

The globalized economy is a colossal Ponzi Scheme in which the vast majority survive on the bread crumbs falling off the table. The possibility of 7 billion people achieving a consumption-oriented lifestyle is zero, so the World Bank conveniently set the poverty line at $1.25/day to legalize global slavery. As long as someone else's children are doing the suffering, it's "all good". Post-2008, this illusion was extended merely by plundering all future generations.

Tuesday, December 15, 2015

"Buy, Buy, Buy": As Fake As The People Who Believe In It...

The S&P is up 3% in two days. The "massively oversold" rally will begin any minute now...

Volatility will be high in both directions through the end of the week, but the trend is down...

Commodities are back in 1972...

With every short-covering rally, they buy more Facebook and Amazon...a necessary and sufficient condition for collapse...

NYSE TRIN is overbought: (spikes indicate oversold)

The five day Nasdaq TRIN is overbought

This market has a well-established aversion to "good" economic news aka. Fed tightening

New lows are rising again. We've seen this movie before

Another gap on the downside...

Weekly VIX (inverted) with Nasdaq

Realized volatility is not impressed with alternating 40 point rallies and declines...