NASDAQ futures are coming into Tuesday gap up after an overnight session featuring normal range and volume. Price worked to new highs overnight before coming into balance early this morning.
On the economic calendar today we have the House Price Index at 9am, Consumer Confidence at 10am, a 4-week T-bill auction at 11:30am, and a 2-year Note auction at 1pm.
Yesterday we printed a double distribution trend up. Price came into the morning gap up (pro gap) and buyers drover higher in the morning. Then, late in the afternoon buyers made a second initiative push to new highs.
Heading into today my primary expectation is for sellers to work into the overnight inventory and close the gap down to 4903.25. From here look for a move down through overnight low 4900.75 then we find responsive buyers and two way trade ensues.
Hypo 2 buyers work up through overnight high 4919.50 and continue probing into open air. More new highs.
Hypo 3 sellers work down to 4888.50 before two way trade ensues.
Part III of the undercover Project Veritas Action investigation dives further into the back room dealings of Democratic politics. It exposes prohibited communications between Hillary Clinton’s campaign, the DNC and the non-profit organization Americans United for Change. And, it’s all disguised as a duck. In this video, several Project Veritas Action undercover journalists catch Democracy Partners founder directly implicating Hillary Clinton in FEC violations. “In the end, it was the candidate, Hillary Clinton, the future president of the United States, who wanted ducks on the ground,” says Creamer in one of several exchanges. “So, by God, we would get ducks on the ground.” It is made clear that high-level DNC operative Creamer realized that this direct coordination between Democracy Partners and the campaign would be damning when he said: “Don’t repeat that to anybody.” The first video explained the dark secrets and the hidden connections and organizations the Clinton campaign uses to incite violence at Trump rallies. The second video exposed a diabolical step-by-step voter fraud strategy discussed by top Democratic operatives and showed one key operative admitting that the Democrats have been rigging elections for fifty years. This latest video takes this investigation even further.
NASDAQ futures are coming into Monday gap up after an overnight session featuring normal range and volume. Price worked higher, up into single prints that stretch up to 4886.25. This ‘thin and fast’ zone is likely to be traversed quickly.
On the economic calendar today we have Market Manufacturing PMI at 9:45am and at 11:30am the US Treasury is auctioning off some 3- and 6-month T-bills.
Last week the NASDAQ was strong while other indces were mixed. The Dow lagged behind and my catch up this week. Last week’s performance for each major index is below:
On Friday we printed a normal variation up. And early probe lower marked session low and we spent the rest of the day slowly working higher.
Heading into today my primary expectation is for a squeeze up to 4886 before two way trade ensues.
Hypo 2 squeeze pushes up to 4886.75 before two way trade ensues.
Hypo 3 sellers work into the overnight inventory and close the gap down to 4843.25 then take out overnight low 4842.75 before two way trade ensues.
The index model has been updated, and I completed an in-depth investigation of last week’s events in the marketplace. Members of Exodus, be sure to check out the 102nd Edition of Exodus Strategy Session.
Despite all my tools and research, I have no statistical means of forming a directional bias for next week, so instead I offer you a tale of struggle and grind and ultimately a breakthrough.
I build most of the tools I work with. Sometimes my ‘tools’ are just useful things created by other people that I cobble together and make my own.
When I see someone going about their business in a way that jives with my style and approach, I take tons of mental notes–think rapid ocular pat down. Rarely will I ask how something works. Instead I build it.
You can design an entire system in your mind and ‘see’ it working. This is how Nikola Tesla created the first ever hydro-electric power plant.
Once a device works in your brain you have to build it, and this is where resources are needed, two big ones, money and time.
I have been building, operating, rebuilding, operating, cursing at, tweaking, and operating my latest tool (more of a system really) since February. It sets up trades for me.
It had the most persistent ‘leak’ in what seemed like an insurmountable design flaw. And it was causing issues. The more the leak happened, the greater the risk of a serious setback, a massive loss. Three month’s worth of gains, gone, type casualty. It happened once in March/April and sucked.
It was the sort of issue I can micromanage and keep it healthy, but this is time consuming. I considered trashing the entire system and trying something entirely new, a different tool I’ve been building in my brain for a while now.
Then Friday, Elder Raul and I were fussing with my system, and he was cursing the stupid problem, and I was just looking at it, and then I fixed it. The leak is solved!
This is a major breakthrough that I have a hard time putting to words, which is the point of this story.
Go do the things you want to do. It is how you learn. Trial by fire. Just make sure the stakes aren’t too high or you might go crazy.
Once you dial in your tools, and this is important, you hammer the fucking gas petal. Go do.
Trump supporters in 16 states are demanding their precincts abandon their Smartmatic voting machines and switch to the fallback voting process of paper ballots.
The movement began Thursday after 4chan.org member ‘Groundwar’ called his Governor’s office, “to see if my state could invoke their conflict of interest clause in their voting machine contract and fall back to a manual voting process/paper ballots.”
He (or she) made the request because it turns out Smartmatic’s Chairman, Lord Mark Malloch-Brown, is also Vice-Chairman of George Soros’ Open Society Foundation.
Snopes, whose forensic approach to proving/denying the validity of a claim is rapidly losing credibility, says the whole kerfuffle is FALSE.
The Deplorables are pressing onward, because they want a paper trail for what they suspect may be a rigged election. They are banding together on /r/The_Donald subreddit to individually call the Board of Elections for every single precinct in all 16 states that they found to be using the George Soros voting machines.
These freedom warriors have already compiled the phone numbers for each Board of Elections into a massive pastebin. If you want to join in, you can simply use Ctrl+F inside the paste bin to find and call your local voting hub. The pastebin also provides the verbiage they suggest you use when calling.
In case there is any lingering doubt over Soros’ ties to the Clinton Campaign, here’s an email discussing matters such as “making Soros happy” and Secretary Clinton’s private dinner at the billionaire’s home:
Americans demand greatness, not just in military prowess, but all facets of society and especially voting. Per The Fly:
The notion that the elections ‘are rigged’ isn’t something unique to America or this moment in time. As a matter of fact, our rigged elections are probably somewhat distinguishable when compared to all of the other autocratically run countries in Europe and let’s not even talk about Asia or S. America — where in Brazil politicians are being systematically hunted and executed.
It’s just that Americans expect greatness, which is the reason we’re rising up and demanding the fuckery must end. If, in fact, our country was rigging elections and also hauling ass for the benefit of the American people, odds are no one would be getting all pitched fork and fire torches right now. But the country has been gutted and the services provided to us have been shitty, and expensive; and God damn it, we’ve had about all we could stomach.
Almost every decision that is made is for the benefit of a foreign power. We see the horseshit in plain sight, the middle east disasters, the Iranian deal, the Chinese slave factories, the lack of a sane immigration policy, the neocon agenda of wars, etc.
With 17 days left, citizens are banding together to try and make this historical election have a paper trail in the 16 states identified to potentially be corrupted by the George Soros Smartmatic voting devices. You can too.
NASDAQ futures are coming into Friday gap down after an overnight session featuring normal range and volume. Price briefly exceeded Thursday’s high before settling into balance.
The economic calendar is light today. Baker Hughes rig count at 1pm, that’s it.
Yesterday we printed a neutral extreme up. A volatile first hour of trade eventually extended lower. The lower prices found a strong responsive bid right around the MCVPOC at 4800. Then, at the end of the day when Microsoft reported earnings, we thrusted higher, during settlement, putting us into a neutral extreme print.
Heading into today my primary expectation is for buyers to work into the overnight inventory and close the gap up to 4844.25. Then look for a move to take out overnight high 4849 and probe above the Wednesday high 4856.75. Look for sellers up at 4861.25 and two way trade to ensue.
Hypo 2 sellers push down through overnight low 4832.25 and work down to 4796.75 before finding a responsive bid and settling into two way trade.
Hypo 3 strong selling pushes down to 4780.50 before two way trade ensues.
California Senator Diane Feinstein can be seen offering Hillary motherly treatment and care during the whole Benghazi fiasco in the below email:
Feinstein is the Senator who headed our Select Committee on Intelligence which wrote a 90-page review of all the events that took place in Bengazi. The report was, in effect, the final say on Benghazi. Feinstein’s name is spattered all over it in big, commanding letters:
Naturally, this meddling between the executive and legislative branches of the government has internet people grabbing for their pitched forks. They think this email is the one that will finally “get her,” which is kind of sad. Sure, this is not good government, or as The Fly more eloquently states:
Alas, thanks to our friends in Moscow, by way of Wikileaks, we get to peer into the abyss and uncover the foliage covering the rot and the waste of the DNC — the very lowest persons in the history of the world. This is agitprop redux, the sordid blend of intoxicating power and corruptness that ruins empires.
The thing is, the people in power have chosen to dismiss the WikiLeaks, no matter how damning anything inside them may be. This is not a democratic/republican thing, this is full on denial by the system.
But, citizen journalists keep poking away, illegally scanning these emails. It’s the new bit torrent, except instead of downloading scary movies you find out horrific realities.
All that being said, and coming full circle, a U.S. Senator is behaving as a good surrogate mum for Mrs. Clinton. It’s good to be in bed with the future President. Good luck, Californians!
It is comical to pass this off as news. NEWS FLASH: Google, whose YouTube regularly censors voices who don’t conform with the HRC narrative, may have helped build the HillaryClinton.com website, according to a leaked memo from Teddy Goff, a digital strategist working with the Clinton Campaign.
The memo was attached to this email BUT BE CAREFUL GUYS, reading WikiLeaks is like committing Treason against your country. ::laughs sadistically, and with disgust::
Below are some fun points from the memo, enjoy!
“I have been kept apprised of the work being done by Eric Schmidt’s group and others working directly and indirectly with your team. On the whole, I am comfortable with where we stand and confident in our roadmap to launch day and beyond.”
Not too many Eric Schmidts in the world. Next
“They are apprised of what Eric is building but not dependent on it, having identified commercially available products for all mission-critical functions in the event Eric’s group is delayed or otherwise derailed,”
Corporate talk for, “things are going well, boss”
“We have instructed Eric’s team to build the most important products in their portfolio—specifically, the back-end of the website, the ability to accept donations (along with associated features, most importantly the ability to store credit card information), and the ability to acquire email addresses—first,”
TAKE MONEY, GET LEADS SO WE CAN TAKE MONEY
“Partnerships: Working relationships with Google, Facebook, Apple, and other technology companies were important to us in 2012 and should be even more important to you in 2016, given their still-ascendent positions in the culture.”
SURPRISE SUCKAS–THEY’RE ALL IN BED WILL HILLARY.
Not only should election results be called into question. So should the news Apple shoves on your iPhone’s lock screen, the queried results from your Googler, and the ‘friends’ that show up in your Faced’book stream.