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, April 12, 2016

Money (Out)Flow aka. "Bear Market"

In a bear market, stocks are strong in the morning and close near their lows...like yesterday and Friday. Etraders buy in the morning and institutions sell into the close...

Several sources have noted this recent pattern (ZH, CNBC) etc...

"This is a rerun of Friday," said Art Cashin, UBS director of floor operations at the NYSE. "I think they're pretty well convinced this whole run higher in crude is a short squeeze. It's not going to have a long life."

The Chaikin Money Flow indicator prorates volume based upon where the market closes relative to the intra-day range. In the lower half of the range, CMF is negative, in the upper half it's positive. At the extremes the multiplier is -1, +1.