Friday, August 12, 2016

Morning Charts 08/12/2016. SPX /es

Obviously, since I've been more quiet than a church mouse for a month or so, technically there is nothing but waiting on a 'rubbin is racin' incident to cause the big one. In an STB obvious desperate search for clever analogies - barring a Matrix 'dodge this' moment, the Fed, Citadel, et al have things well under control. 

this is an interesting post to put into a top call quiver - "The Final Melt Up", "A Blow Off Top": Money Floods In As Investors Turn Euphoric At Triple Record High. Fantastic evidence and a trademark that can't be denied, but what's gonna be the catalyst or STB 'event' that rips control from the Fed? I'm thinking war, like a big one. More on that next week. Turkey has really messed things up and an incident like this would surely be unwelcomed by the PTB - Erdogan Threatens To Abandon US Dollar In Trade With Russia

On to the lie -

Really, who cares at this point. See below (Freedom Watch) and remember that the market is nothing but a distraction to reality.  Quit getting your panties in a wad, relax, get the popcorn ready and a comphy chair and remain patient - the show will start soon enough. 

SPX 30m - BEEEEEEEEEEEEEEEEEP - Uh, Dr. I believe the patient is dead. You can quit pumping money into his backside to give the illusion he's alive.

 
Freedom watch - 

ZH so ripe with freedom issues I had to do this section on a Friday - this country is waaaay off the deep end at this point. Flash bang in 5...4...3...2...

Can't have the peasants bothering the elite as the work on their master design for the financial universe - Mysterious "Computer Glitch" Conveniently Cancels Hotel Rooms For Fed Protesters At Jackson Hole Event 

And file this under Total Control - Justice Department Prevented FBI Probe Of Clinton Foundation; Reporters Slam State Department Stonewalling 

and while we're (ZH) is on a roll - Clinton/Communist News Network in action - CNN Admits "We Couldn't Help [Hillary] Any More Than We Have"

And while we're on a roll - Staggering Corruption Reveals NATO/NASA 'Lies' At The Heart Of The Pentagon

Of course this is just a low hanging fruit sampling of the FUBAR situation we're in right now.

More to come below.

Have a good weekend.

GL and GB!

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