Tuesday, January 17, 2017
I turn dials and fiddle with knobs to hone in on harmonic rotations
Joined Oct 26, 2011
2,812 Blog Posts

From The CNN Fake News Centers: China Could Step in As ‘Leader of Climate Change Talks’

stern-joke

What will easily go down as the most hilarious claim made this week, former US Special Envoy for Climate Change Todd Stern told CNN China could be a world leader in climate change talks.

China, where every factory burns their waste behind the building.  Literally they light it on fire in the back of the property.

chiner-burn

Per CNN:

Can America dump the Paris agreement?

Liu capped off his comments on America by saying the country should be more positive on climate change, considering it had a huge market from green energy and the technology to prosper from a low-carbon economy.
Former US Special Envoy for Climate Change Todd Stern — considered the architect of President Barack Obama’s climate strategy — said that it would take the United States at least four years to formally pull out of the Paris agreement if Trump did gain support to do so.
“What President-elect Trump could do is to essentially de facto walk away from it. And that would be a hugely bad idea on his part — it would be foolish,” Stern told CNN’s Robyn Curnow in an interview with “International Desk,” to air Friday.
He also said that shunning the agreement would create “collateral damage” for the United States, and that it was “completely plausible” that China could step in as leader of climate change talks in the US’ place.
“I think the Chinese have made it clear and, to their credit, that they intend to stick by this agreement and to push it forward,” he said.

 

Not a chance in hell.  The entire Republic of China is a lie.  Look at their entire economy.  Why do you think there are ghost cities?  Or why does the IMF not consider the RMB a major reserve currency?  Too much government manipulation.  Even as the world’s largest economy, RMB is only 1% of global foreign exchange reserves.

We’re gonna label China currency manipulators
mannip

China is talking a big game to the UN down in Morocco where the hash is strong and the cars are fast.  CNN described comments from Chinese Vice Foreign Minister Liu Zhenmin as a ‘slap in the face to Trump’ because, well, that’s what CNN does.

Bottom line: China needs to die for the rest of the world to live.  Fact.  If you really think the Chinese will submit to climate change, I suggest you spend a few months in Shenzhen.

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Economic Outlook Rosy Ahead of Thursday Open

lifee-trader

NASDAQ futures are coming into Thursday with a slight gap up after an overnight session featuring normal range and volume.  Price worked to a fresh weekly higher overnight before settling into balanced trade.  At 8:30am several economic data points came out better than expected.

The only other economic event today comes at 1pm, when the US Treasury will reopen the auction of 10-Year TIPS.

Yesterday we printed a normal variation up.  After opening gap down and a spirited morning drive higher, price settled into a tight little balance up in the upper quadrant of the session.

Heading into today my primary expectation is for buyers to make a push higher, up through overnight high 4803.75 setting up a move to target the CVPOC magnet at 4807.  Look for some struggle here before buyers continue higher to 4820 and two-way trade ensues.

Hypo 2 sellers work down through overnight low 4780.75 and test the Wednesday midpoint at 4767.75 before two way trade ensues.

Hypo 3 some kind of liquidation triggers.  Sellers drive down to close the gap at 4695.25 before two way trade ensues.

Levels:

11172016_nq_mp

Volume profiles, gaps, and measured moves:

11172016_nq_vpgapsmeasuredmoves

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NASDAQ Sellers Defend The Trump Sell Zone

traders-chilling

NASDAQ futures are coming into midweek gap down after an overnight session featuring elevated range on normal volume.  Price poked above the Tuesday high, briefly, before finding a sharp responsive seller.  We are pressing below the midpoint of Tuesday’s range as we approach cash open.

On the economic calendar today we have Industrial/Manufacturing production data at 9:15am, NAHB Housing Market index at 10, crude oil inventory at 10:30am, and Long-term TIC flows at 4pm.

Yesterday we printed a normal variation up.  Buyers drove the market higher after it opened gap up.  An afternoon rotation back into the morning drive revealed initiative buyers who managed to press a range extension up toward the end of the day.

Heading into today my primary expectation is for buyers to work into the overnight inventory and close the gap up to 4766.25.  Look for sellers near the gap fill who work the market down through overnight low 4743.50.  Buyers defend ahead of 4710 and two way trade ensues.

Hypo 2 sellers drive lower off the open, probe below Tuesday low 4726 setting up a move to target the open gap at 4695.25 before two way trade ensues.

Hypo 3 strong buyers take out overnight high 4783 and trigger a short squeeze up to 4820 before two way trade ensues.

Levels:

11162016_nq_mp

Volume profiles, gaps, and measured moves:

11162016_nq_vpgapsmeasuredmoves

 

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NASDAQ Futures Strong After Big Advance Retail Sales Beat

busymallll

NASDAQ futures are coming into Tuesday gap up after an overnight session featuring elevated range on normal volume.  Price was balanced overnight before this morning when Advance Retails Sales data (8:30am) helped propel the market higher.  As we approach opening bell, price is hovering below Monday’s high 4750.75.

See also: Home Depot Beats, Guides Up

There are a few other economic events today including Business Inventories at 10am and 4-Week T-bills being auctioned off at 11:30am.

Yesterday we printed a normal variation down.  The day started with sellers driving price lower, down to a new cash low post election.  Responsive buyers were just below the test level and two way trade ensued, below Monday’s midpoint.

My primary expectation heading into today is for sellers to work into the overnight inventory and close the gap down to 4695.25.  Look for buyers right around here who work price up through overnight high 4732 to target 4750 before two way trade ensues.

Hypo 2 buyers gap and go, up through Monday high 4750.75 and rally to the CVPOC at 4807 before two way trade ensues.

Hypo 3 sellers work gap fill down to 4695.25 then take out overnight low 4688 and continue lower to test Monday low 4672.75.  Look for buyers down at 4663.25 and two way trade to ensue.

Hypo 3 full-on liquidation, down through 4663.25 setting up a move to probe the post election globex low down at 4558.25.

Levels:

11152016_nq_mp

Volume profiles, gaps, and measured moves:

11152016_nq_vpgapsmeasuredmoves

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Dave Chappelle Returns To Television And Delivers Epic 12 Minute SNL Monologue

chappelle

I saw Dave Chappelle live just before he went off the grid at possibly the worst place on earth–a college theater in rural Michigan filled with rabble-rousers.  And this was before social justice warriors formed safe spaces, so literally the lowest life forms on earth were permitted to shout catchphrases from popular Chappelle Show characters repeatedly.

Having had my safe space jeopardized, I was reduced to observing the savage crowd, their behavior like a pack of dachshunds guarding some meaningless corner of suburbia.  So I get why he walked away from the highest per-episode pay anyone was ever offered.

Nevertheless, it was refreshing to see him come back after the election and deliver a monologue that smashes cultural divide and stereotypes to pieces.

5 million views in one day.

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Le Fly Has Made Passive Investing Great Again

flytrump

Investing doesn’t get much more simple than what I am about to show you.

Le Fly, the architect behind Exodus, owner of time machine, iBC founder, and Space Alien Magician literally hand picks 15 stocks every six months.  He seeks growth, gentlemen, at a reasonable price.  Inside Exodus the portfolio is called GARP.

Year-to-date performance of the GARP index is a tad below 13% and if you use Motif (no affiliation just a great tool) you literally had to press 2 buttons this entire year to make said gains.

BEHOLD:

motif-post-election

The bulk of my ‘stock picking’ money was moved into a Motif account and relegated to the GARP portfolio after I swore off individual stocks.  This allowed me to pursue industry and hone my NASDAQ futures game.  I trade NASDAQ futures quite aggressively, in short spurts, which suits my attention span and cat-like speed.

Current conditions are top notch for taking 6, 9, 21 points home every day.  If I had to babysit a handful of stocks, my performance would suffer.

Le Fly, or Senor Tropicana as he’s known in the Bermuda triangle, had the foresight in June to adjust GARP for a transition into MAGA.  The result?  The index is sailing into year-end on the breeze of winship.

You may be asking yourself why you ever traded stocks.  The environment is tumultuous and everything seems to do the opposite of what you think.  Maybe this isn’t the case for you, but for me individual stock trading, on a short-term time frame, does not work.  However, outsourcing the R&D to someone with a decade more experience then myself and using his algorithms to time my adds does.

In short, long live GARP, long live Exodus, long live Le Fly.

 

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NASDAQ Futures Pare Back Sunday Gains To Start Week in The Red

nyse-traders-old

NASDAQ futures are coming into Monday gap down after an overnight session featuring elevated range on normal volume.  Price worked up beyond the area defended by sellers last Thursday before selling off.  Since then price has held above the Friday midpoint.

The economic calendar is light this week.  Today the only scheduled events come at 11:30am when the US Treasury auctions off both 3- and 6-month T-bills.

Last week was extremely active, starting out with a big gap up and two day rally before the US elections.  Voting results may have triggered a massive sell-off Tuesday evening, but price managed to regain most of the losses before the open of trade Wednesday.  Then, for the rest of the week all indices except the NASDAQ rallied.  The NASDAQ sold off Thursday and came into balance Friday.

Here are the performances of each major index last week:

11132016_indexperf

Heading into today my primary expectation is for sellers to take out overnight low 4733.50 and test below last Friday’s low 4706.  Look for responsive buyers down at 4700 and two way trade to ensue.

Hypo 2 buyers work the overnight gap fill up to 4749.25 and up to 4765.50 before two way trade ensues.

Hypo 3 strong buyers work gap fill up to 4749.25 then take out overnight high 4784.50 triggering a short squeeze up to 4807.25 before two way trade ensues.

Levels:

11142016_nq_mp

Volume profiles, gaps, and measured moves:

11142016_nq_vpgapsmeasuredmoves

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Post Election Research Complete: Death To The Hoarder; Long Live Industry

signguy

Greetings from inside the machine.  I am happy to report all weekly maintenance has been completed and the learning machines inside Exodus are running smoothly.

You may not know this, but my work to produce Exodus Strategy Session also includes a series of internal audits to ensure all index and sector data is clean and accurate.  It’s the human touch that keeps robots running well.  As you transition into a robot overlord position, you will learn all about keeping their cold mechanical hearts pumping.

Model readings are neutral heading into the first full week under Premier President-elect Trump.  Last week was an emotional mess.  People who cannot comport themselves and behave with the steely logic of an opportunist and speculator are fucking up, and producing wholesale opportunities along the way.

One of the most interesting observations from this week’s Strategy Session is Industry Performance.  It tells a story this week of industrious people preparing to build great companies for our nation, while the hoarder of shiny metals was pigeonholed into their doomsday shelter:

11132016_industryperf

Meanwhile, there are so many moving parts and potential disruptions from our election, MASSIVE opportunities to disrupt archaic industries and make lots of money, and people are distracted.  They are taking their eye off the ball.  Don’t be like them, shut down the social media feeds and get to work.  TODAY, while the Christians are resting and the bumpkins are droning away with their American football.

Exodus members, the 105th Edition of Exodus Strategy Session is live.  There is a really good quote from George Soros, one of the most successful financial speculators of all-time.  Also, new members, if you want a live-demo with yours truly, shoot an email to vince@blacklightanalytics.com.  Send me TWO TIMES where you could spend 30 minutes on the phone and I do my best to confirm.

 

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Tesla Will Thrive Under President-elect Trump

ivanka-elon

Writer’s note: I am long TSLA and think Elon Musk (all Praise and Glory to The Leader) is a deity roaming the earth who will attain immortality and roam outer space.

Popular belief is often wrong.  With investing, the ‘obvious’ outcome is often flipped on its head.  Like selling off because Hillary Clinton, Wall Street’s candidate, lost.  It was an after hours blip, a modest gap down the following day, and subsequent rally.

One of the popular themes now is that alternative energy companies will be destroyed as Trump ushers in an era of coal and oil, casting a pea soup haze into the air of the United States.  And while he’s at it, Tesla will falter and its shares will collapse.

What people aren’t realizing is Elon (all Praise and Glory to The Leader) is the type of CEO who wakes up every day and does his job.  He doesn’t throw emo fits and blast out company-wide emails that alienate his workforce and customer base.  He puts on his big boy pants and builds electric cars.  And rockets.  And solar roofs.

It doesn’t matter what’s happening in Washington.  He’s a Hank Rearden reincarnate, without the selfish Ayn Rand hue.  And his constant innovation will result in products coming to market that people want AND which make sense economically.

Right now, the stock is trading at the low-end of its well-established range.  As good a place to invest in the most innovative company in the world as ever:

tesla-chart-post-election

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