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Monthly Archives: October 2016

Some Key Stocks Are Hugging the 200 Moving Average, Leadership Stocks Are Still Doing Well

For a moment or two, I’ll make believe this shit actually means anything. I know a vast swath of you, in between swigs of cheap vodka, like to comb over thousands of charts, manually, like morons.

BEHOLD, as I do your job for you in 0.0000012631 of a second, via Exodus.

Here are my digitized charts, displaying stocks of interest now hovering around the 200 day moving average.

PSX, OI, PFE, MOH, WMT, GE, VZ, ORCL, HD, MCD, COST, TJX, CRM, DECK, GIS to name a few.

For the most part, the leadership of the market is intact — represented by the following basket of winners near their 52 week highs.

basket

If the market is ever going to break lower, the above stocks will need to reverse and break down. Thus far, they’re moving sideways and basing out.

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Headwinds Abound: Commodities, Stocks Lower; Fed Fears Persist

Let’s use some good olde fashioned logic this morning. If we are to believe the diabolical devils who operate the globalist movement for us are truly corrupt, then Trump has already lost. As a point in fact, Trump never had a chance. Agreed? Even if he had the most pristine character and never talked about grabbing pussy, he’d still lose the election — since the ‘establishment’ would never relent power.  Some of you will have a hard time dealing with this election loss, so you might as well begin to mourn now and not get your hopes up for a one in a billion outcome election win.

Having said that, very soon the election will be behind us and yours truly will have more to say about markets and how we might game them.

One has to assume a Hillary win is baked into markets, yes? If so, I don’t view the current pin action as a lurid display of optimism. If anything, the action in the healthcare sector, the last bastion of true growth in the market, has been dreadful. Stick  a pin in Hillary for the moment, however, because the overarching obsession is the direction of Federal Funds rates. Subsequently, commodity and forex markets have been jarred by the recent hawkishness. The dollar is at 5 month highs and gold has been harangued by sellers.

I am grateful for not being in the business of managing money now, for this tape is an abomination.

For me, the true story of 2016, post elections, will be the condition and spending habits of the consumer. The restaurant sector has been weak, which isn’t exactly comforting heading into the pagan holidays. How the hell are you playing this tape, from a macro perspective? Are there any thematic plays?

Speaking of which, I’ll be revealing my FIST OF DEATH this week — which are my top 5 short sales heading into year end. I see appreciable downside risk to the market, from a sundry of risks that aren’t even close to being priced in yet.

Fed’s Fischer will be giving a speech today — so keep an eye out for that.

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ASSANGE’S INTERNET ACCESS RESTRICTED BY STATE; WIKILEAKS TRIGGERS CONTINGENCY PLANS

It was only a matter of time before this happened. I’d expect Twitter to ban the Wikileaks account next.

It’s not a coincidence that following the Podesta emails, Julian Assange’s freedoms, in this case his internet access, would be revoked. I find it odd how this is even possible. Did Britain cut off internet access to the entire Ecuadorian embassy?

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John Podesta Made a Bourgeois Tweet Directed at Assange Just Before ‘Dead Man Keys’ Triggered

Let’s not jump to conclusions and sensationalize rumors of Assange’s demise. But, thus far, nothing has been verified to the contrary. In fact, Donald Trump’s former campaign manager, Roger Stone, is tweeting out some crazy shit about the Ecuadorian Embassy being raided and their diplomatic status revoked. Obviously, Assange is a long term threat to the establishment. Clinton feels like she won the election already, so I don’t think they’re worried about the fall out of an Assange death or arrest.

Just before Wikileaks triggered the ‘Dead Man Keys’, John Podesta, who was a attending a Hillary Clinton ‘Victory Fund’ money raiser, starring worldclass chef Daniel Boulud, tweeted out this obnoxious asshole statement.

 

asshole

 

 

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Rumor: Julian Assange is Dead — ‘Dead Man Keys’ Triggered on Twitter

This is making the rounds right now, after the Wikileaks account tweeted out what seems to be encryption codes for secret documents. Assange had always said that if he were to die, ‘dead man keys’ would be triggered and a deluge of documents would be released.

What say you?

People are freaking out, worrying about his well being.

This from the degenerates at 4 Chan
4chan

UPDATE: More from 4 Chan
crypto

UPDATE: Roger Stone just tweeted this out.

More from Stone:

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Wikileaks Reveals John Podesta Was Disappointed the San Bernadino Killers Weren’t White

Out of all the emails leaked by Wikileaks, this one is the most alarming to me. This shows a lack of seriousness by the democrats in dealing with the very real threats facing Americans today. The fact that John curmudgeonly jested about the ethnicity of the killers, disappointed by the fact that they were muslim and not some white guy named “Chris”, told me all I needed to know about these people running the government.

They simply do not care. I realize that’s hard to believe for you die hard Podesta-Clinton groupies out there. You believe that, if you play your cards right, you too might be part of the elite cadre of blood sucking vampires. They don’t want you. They don’t need you. You are beneath them and shouldn’t be trusted to raise your own children — which is why they want to drug test them per annum.

san

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CNN Tells Viewers ‘It’s Illegal’ to Possess Wikileaks Documents to Rely Upon Them for Information

DO NOT VIEW THE Podesta Emails yourself, for the government might arrest you for possessing illegal documents. Don’t you know, all of the news and information that you need can and should be provided to you by way of agitprop at CNN?

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Saudi Interbank Rates Continue to Soar, Saudi Banks Crash

 

Fuck the Kingdom of Saud. Monarchies are, inherently, the most oppressive and obnoxious form of government ever invented. These mountebanks force an otherwise forlorn populace into a life of repetitive supplication — hoping for scraps to be dropped off their gold mantles to sustain their miserable existences. The great riches of Saudi Arabia, blessed with unlimited amounts of oil, are continuously squandered by a perverted cadre of Princes who levy their positions into hedonistic displays of depravity.

Because they’ve been so very busy trying to foment theocratic barbarism, via the most oppressive religion ever concocted in the history of man, they’ve forgotten to diversify away from their core export: crude.

As such, with the drop in Brent and soured loans on the books of many of their banks, we’re entreated to the beginnings of what may become a cauldron of magnanimous fuckery — a SAIBOR driven liquidity crisis.

Interbank rates are on the rise, indicative of stress in the banking system, aka the checking accounts of the Saudi fucking Princes.

saudi-arabia-interbank-rate

s

Debt has surged! A grande experiment in British banking, designed to enslave borrowers, continues to astound.

s1

For the session, Saudi banks and insurance firms are getting lit.

saud

Via Bloomberg.

Saudi Arabia will post a budget deficit of 13.5 percent of economic output this year, the highest since 1992, declining to 9.6 percent in 2017, according to forecasts from the International Monetary Fund. Amid the shortfall, direct local government debt climbed to $63 billion at the end of August from almost $38 billion at the end of 2015, according to information in the Saudi bond prospectus obtained by Bloomberg.

Rising Saibor rates reflect the “extent of the liquidity challenge in the banking system,” said Raza Agha, the London-based chief economist for the Middle East and Africa at VTB Capital Plc. “The outlook for government borrowing has risen sharply and even if next year’s deficit declines to perhaps 8 percent of gross domestic product, you’re still looking at deficit-financing needs of $56 billion.”

One could only hope for Brent to halve from current levels, in order to make their plight all the more interesting.

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Putin Responds to U.S. Cyber Threats: ‘Apparently, They’re Nervous…It’s Not Funny Anymore’

Julian Assange’s best friend, Vlad Putin, responded to absurd, secret, threats to publicly wage a cyber war against them, by saying it was only a novelty by publicly admitting things we’re already doing, like eavesdropping and spying on everyone.

Amongst other things, he alludes to the fact that America is seeking conflict and how officials continuously create scapegoats to distract from failed domestic policies.

We have the craziest fucking people in the world leading us into hell.

“The only novelty is that for the first time, on the highest level, the United States has admitted involvement in these activities, and to some extent threatened [us] – which of course does not meet the standards of international communication,” the Russian leader said.

“Apparently, they are nervous,” he added.

“One can expect just about anything from our American friends. After all, what did he (Biden) say that we didn’t already know? Didn’t we know that US authorities are spying and eavesdropping on everyone?”

These activities are “well known to everyone, it’s no secret,” Putin added.

In portraying Russia as an enemy, the United States wants to divert attention from its own domestic problems. “There are many problems [in the US], and in these circumstances, many choose to resort to the tried and tested system of diverting voters’ attention from their own problems. That’s what we are currently witnessing, I think.”

One can distract attention from domestic problems by creating an enemy, in order “to unite the nation in the fight against this enemy.”

“Portraying Iran and the Iranian nuclear threat as an enemy didn’t work. [Portraying] Russia [as an enemy] seems more interesting. In my opinion, this particular card is now being actively played,” Putin said.

“Too bad that based on the current [US] internal political problems, Russia-US relations are being sacrificed. This actually destroys international relations in general,” Putin noted.

Russia does not want confrontation with the US, but it is up to our partners to decide, he said.

“We do not know what will happen after the US elections, but welcome everyone who wants to work with us,” he said.

Speaking about the US election campaign, Putin noted that it is “harmful and counterproductive” to “sacrifice US-Russian relations in the course of internal political events in America.” This has all happened before, Putin noted.

“Analyze all previous election campaigns [in the US] – it all repeats over and over again, like I’ve said. And then we have people whispering to us, ‘Oh, wait, wait, it’ll be over soon, things will go back to normal,’” Putin said.

“It’s not even funny anymore. But if someone wants a confrontation – this is not our choice, and it means that there will be some problems. We don’t want that. We would like, on the contrary, to seek common ground and work together to solve global problems faced by both Russia and the United States, along with the whole world,” Putin concluded.

“I hope that after the election period in the US, there will be a chance to restore relations between Moscow and Washington,” Putin said.

“You think our relations with the United States changed because of Syria? No, not because of Syria, but because of attempts of one side to impose its decisions on the whole world.”

Is anything here wrong?

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