Did April Fool's Day come a day late?? Put another way, BRACE YOURSELF!
By now, it should NOT surprise you that these stock markets WILL continue DOWN unabated. As we have explained, there is a REASON they can NOT establish a bottom... it's all about valuation, and the lack thereof.
Across the board, the sell off of stocks outpaced purchases NINE to ONE! Yes, Nine times more investors are bailing out than acquiring stocks. That's not only a bad trend, but it's a STRONG trend. Let's once again look at these charts and the true weakness that will not stop.
But before we do, let's talk about cryptocurrencies. Those criminal banksters continue to play their game of lowering the cryptocurrency values by their clever market rigging. They KNOW how to instill fear into the average person. Today, the total market capitalization of cryptocurrencies is now DOWN to $261 BILLION. But, the fearful are foolishly SELLING their cryptocurrecnies. However, as fools they NEVER once wonder about WHO IS BUYING their cryptocurrencie!! You see, in the cryptocurrency world, the trades are filled by a counter-party (buyer) and that's NOT the cryptocurrency brokerage! DUH! Once again, we emphasize that at this moment, you should be grabbing up as much cryptocurrency as you can. WHEN this scenario reverses, it will happen very fast!
So, here's the Dow Jones Industrial Average (DJIA).
Notice that the close was WELL BELOW the Trend line AND the 50 day average and EVEN the Bollinger Band price deviation band. Of course, with this weakness, the volume was UP! And that's not good!
Ya gotta love that Dow Jones Index!
But wait, there's more!
And now, Goldman Sachs is warning their clients to prepare for the worst! Sadly, they really don't know how bad it will really get.
Recall a few prior posts, we pointed out that the US dollar poses a huge underlying risk to virtually all western asset classes. Here's some more background on that.
A gold-backed Chinese yuan is the kiss of death for the US Dollar! And, that kiss started with a bang.
Meanwhile, the European Central Bank (ECB) is trying to avoid a PANIC SELL OFF!
But again,a second look at the DJIA
That GREEN LINE is THE 200 DAY MOVING AVERAGE. Another day like today and we'll close BELOW IT. And that event could trigger a massive "black box" trading sell off!
But, as you know, the DJIA is the EASIEST index for the banksters to rig or manipulate. SO, look at the other indexes.
Here's the NASDAQ.
Even the NASDAQ is ONLY one trading day like today from breaking the 200 day moving average! I don't know about you, but a weak market like this SHOULD have people bailing out of these shaky markets in record numbers, but it seems so many investors are in a fog. Worse yet, the talking heads on TV continue to tell their viewers there's nothing to worry about, that this market will bounce back. Well, that's only partially correct. The market WILL bounced back, but it will be a long time from now, and MOST investors will lose 70-90% of their investments. (Even those numbers may be too conservative!)
The NASDAQ signals are BAD!
But, the S&P 500 has always been a pretty good index to track. Let's see how that did today.
OOPS. THERE IT IS !!! The S&P 500 CLOSED BELOW the 200 day moving average. But, the TV talking heads will tell you, as they did on Bloomberg today, that this chart doesn't matter. That breaking the 200 moving average really means nothing. They even added that historically, it means nothing. Well, that statement is a complete lie!! Breaking a 200 moving average sets the stage for sudden panic selling (SPS), and this is what the "black box" trading programs can do very quickly, and they are called "flash crashes". The computer algorithms go crazy because they are designed to minimize risk, thus making automated sell orders thousands of times per second.
Now, go back and LOOK at these charts again. If that down trend isn't clear enough for you, if it isn't obvious which way things are headed; well, then it's clear that even pictures can not help you understand what's happening.
But, we've got a lot to look forward to, this is only Monday. Let's see if those Wall Street boys actually pull the plug on their computers and ride this market into the ground. But, Dirty Harry said it best, "I know what you're thinkin', punk. You're thinkin' did he fire six shots or only five? Now to tell you the truth, I forgotten myself in all this excitement. But bein' this is a .44 Magnum, the most powerful handgun in the world, and it'll blow your head clean off, you've got to ask yourself a question. Do I feel lucky? Well, do ya, punk?!"
Briefly, here's the REAL problem with the First Quarter of 2018.
Welcome to the Second Quarter of 2018. If you liked the First Quarter, you'll love this one!
Across the board, the sell off of stocks outpaced purchases NINE to ONE! Yes, Nine times more investors are bailing out than acquiring stocks. That's not only a bad trend, but it's a STRONG trend. Let's once again look at these charts and the true weakness that will not stop.
But before we do, let's talk about cryptocurrencies. Those criminal banksters continue to play their game of lowering the cryptocurrency values by their clever market rigging. They KNOW how to instill fear into the average person. Today, the total market capitalization of cryptocurrencies is now DOWN to $261 BILLION. But, the fearful are foolishly SELLING their cryptocurrecnies. However, as fools they NEVER once wonder about WHO IS BUYING their cryptocurrencie!! You see, in the cryptocurrency world, the trades are filled by a counter-party (buyer) and that's NOT the cryptocurrency brokerage! DUH! Once again, we emphasize that at this moment, you should be grabbing up as much cryptocurrency as you can. WHEN this scenario reverses, it will happen very fast!
So, here's the Dow Jones Industrial Average (DJIA).
Ya gotta love that Dow Jones Index!
But wait, there's more!
And now, Goldman Sachs is warning their clients to prepare for the worst! Sadly, they really don't know how bad it will really get.
Recall a few prior posts, we pointed out that the US dollar poses a huge underlying risk to virtually all western asset classes. Here's some more background on that.
A gold-backed Chinese yuan is the kiss of death for the US Dollar! And, that kiss started with a bang.
Meanwhile, the European Central Bank (ECB) is trying to avoid a PANIC SELL OFF!
But again,a second look at the DJIA
But, as you know, the DJIA is the EASIEST index for the banksters to rig or manipulate. SO, look at the other indexes.
Here's the NASDAQ.
The NASDAQ signals are BAD!
But, the S&P 500 has always been a pretty good index to track. Let's see how that did today.
Now, go back and LOOK at these charts again. If that down trend isn't clear enough for you, if it isn't obvious which way things are headed; well, then it's clear that even pictures can not help you understand what's happening.
But, we've got a lot to look forward to, this is only Monday. Let's see if those Wall Street boys actually pull the plug on their computers and ride this market into the ground. But, Dirty Harry said it best, "I know what you're thinkin', punk. You're thinkin' did he fire six shots or only five? Now to tell you the truth, I forgotten myself in all this excitement. But bein' this is a .44 Magnum, the most powerful handgun in the world, and it'll blow your head clean off, you've got to ask yourself a question. Do I feel lucky? Well, do ya, punk?!"
Briefly, here's the REAL problem with the First Quarter of 2018.
Welcome to the Second Quarter of 2018. If you liked the First Quarter, you'll love this one!
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