Non-stop market manipulation is just another widely ignored feature of the ultra-corrupt Trump White House. Today stocks went up on the exact same news that came out two weeks ago about a fake trade deal. This has been one continuous short-covering rally on non-existent volume. Now running on MAGA glue fumes. What better way to keep the sheeple locked in the casino, while the economy implodes.
"The president’s talk can move markets—and it’s made some futures traders billions. Did they know what he was going to say before he said it?"
One longtime CME trader who has been watching with disgust says he’s never seen anything quite like these trades, not at least since al-Qaida cashed in before initiating the September 11 attacks. “There is definite hanky-panky going on, to the world’s financial markets’ detriment,” he says. “This is abysmal.”
The S&P 500 made a triple top today - unconfirmed by every other index on the planet. This algo delusion is powered by weak bears, dumb bulls, and epic lies...
Denialist super dunces have misconstrued fatal 100% asset correlations in the only way possible - the best news ever...
"This could be the first year ever where stocks, bonds, gold and crude oil all returned double digits, according to LPL Financial."
“As bad as last year was for investors, 2019 is a mirror image”
"This is the mirror image of last year"
"Best year ever. For ignoring the entire rest of the world"
The world's "most valuable" company went parabolic this week:
"We have a dumbphone for everyone. You'll never have to think for yourself again"
Likewise, semiconductors went vertical parabolic this week
Which is why Info Tech is the ONLY sector to make new highs this week. Driven solely by new highs in Apple and a tiny handful of vertical (5g) semiconductor stocks
REITs broke their parabolic upper trend line and then rolled over on Friday:
You know you're an optimist when...
Thursday, the ECB smooth talked markets again. European stocks reached a new 52 week high this week.
Notice the difference in correlation to the S&P 500 this year versus last year. Just a reminder of how this all ends.
Overnight.
Chinese stocks, same idea.
No one is "winning" the trade war
Here we see they are three wave corrective
Oil three wave corrective at every degree of trend:
Another indicator of how explosive the move lower will be:
Fake reflation. Three wave corrective:
Within Tech, recent IPOs are dragging down the entire sector, as massive amounts of shares are unlocked to insider selling:
IPOs three wave corrective:
USDJPY
Three wave corrective
Dow, three wave corrective
