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.

Friday, May 27, 2016

The Dow Jones Illusional Average Is Primed To Crash

The market is weak and hollow, an illusion created by momentum algorithms trading stocks back and forth on minimal volume...

ZH: May 27, 2016
2016: Stocks See Largest Ever Outflows

Below the superficial layer awaits a no bid market aka. gap 'n trap

Price / volume:

These are the largest stocks by market cap with relative strength (momentum):

JP Morgan

Third lower high

Johnson & Johnson

Fifth wave overthrow

Google

Third lower high

GE

Peaked

Facebook

Rising wedge

Anheuser-Busch (Budweiser)

Peaked

Berkshire (Warren Buffett)

a-b-c counter-trend visible on RSI

Amazon

Fifth wave overthrow

Apple

Fourth lower high

AT&T

Fifth wave peak

Exxon

a-b-c counter-trend clearly visible on the RSI:

Walmart: Weaker than 2008

Wells Fargo: Third lower high

P&G

a-b-c counter-trend

Pfizer: Peaked, finishing counter-trend

Microsoft: Peaked

Lockheed Martin

Fifth wave overthrow