People often ask me why I have turned on Mr. Trump after voting for him in November.

The answer is rather simple.

First, he flipped on nearly every issue he has campaigned on. Most notably, he has turned into a psychotic warmonger who has brought us all to the edge of abyss that is nuclear war.

Further, my simple analysis suggest that Trump is either a complete idiot, irrational, a liar, borderline insane and/or all of the above. 

Let me give you just two examples…..

Trump’s Touts “$5.2 Trillion” In Stock Gains, Promises More If “Congress Gives Us Massive Tax Cuts”

 “Stock Market has increased by 5.2 Trillion dollars since the election on November 8th, a 25% increase. Lowest unemployment in 16 years and if Congress gives us the massive tax cuts (and reform) I am asking for, those numbers will grow by leaps and bounds.”

“It would be really nice if the Fake News Media would report the virtually unprecedented Stock Market growth since the election.Need tax cuts”

We have discussed this before. Only a liar or a stupid person would claim ownership of this stock market bubble. Especially after suggesting that we are in a massive bubble during the presidential campaign. And only 25% increase? That’s pathetic Mr. President. It was up 200%+ under Obama.

Trump tells Hannity that Wall Street gains ‘in a sense’ are a cut in national debt

“The country, we took it over and owed over $20 trillion,” Trump said. “As you know, the last eight years, they borrowed more than it did in the whole history of our country. So they borrowed more than $10 trillion, right? And yet, we picked up $5.2 trillion just in the stock market. Possibly picked up the whole thing in the first nine months, in terms of value. So you could say, in one sense, we’re really increasing values. And maybe in a sense we’re reducing debt. But we’re very honored by it.”

Umm…..where do I even begin with this.

For those of you mathematically challenged, President Trump is basically promoting a Ponzi Finance model in order to justify his apparent success thus far. I say “thus far” because things are about to swing the other way.

So, what Mr. Trump is saying is this. Janet Yellen has printed/borrowed $10 Trillion (without counting other central fraudsters EU/JP) and the stock market has managed to increase by $5 Trillion. WOW. If we keep going on this trajectory it is just a matter of time before we all drive Ferraris and play Polo.

Again, I ask, is Mr. Trump a complete idiot, irrational, a liar, borderline insane and/or all of the above. Oh, I almost forgot, a genius playing 16–Dimensional chess we mere mortals don’t understand. You decide.

In terms of the stock market, the situation is incredibly complex. If you would like to find out what happens next, based on our mathematical and timing work, please Click Here. 

It is no secret that the stock market is historically overpriced. So much so that I have argued we are experiencing the highest valuation levels in history. Higher than 1929, 2007 and even 2000 (if we adjust for lack of tech earnings). Prior smaller peaks of 1937, 1966, 1972, 1987, etc…. don’t even come close.

This is best illustrated by the Shiller’s Adjusted P/E Ratio below. 

So, what gives?

First, the sentiment….. Retail investors haven’t been THIS bullish since (gulp) you know when

Since February 2016, the overall index has soared 98 points, “the largest increase in the 20-year history of the index that is not a rebound immediately after a major drop in optimism.” This is the kind of move contrarians eat up.

“In 1999 and early 2000, high enthusiasm for stocks was a powerful sign the stock-market bubble was on its last legs,” Richter said. “Of course, no one can say how much higher their enthusiasm will surge this time around. Hype works, until it doesn’t.”

Buy High Sell Low…….Right?

Second, the driving force….Central Banks Have Purchased $2 Trillion In Assets In 2017

In his latest “flow report”, BofA’s Michael Hartnett looks at the “Disconnect Myth” between rising stocks and bonds and summarizes succinctly that there is “no disconnect between stocks & bonds.”

Why? The best, and simplest, explanation for low yields & high stocks is simple: so far in 2017 there has been $1.96 trillion of central bank purchases of financial assets in 2017 alone, as central bank balance sheets have grown by $11.26 trillion since Lehman to $15.6 trillion. Hartnett concedes that the second best explanation is bonds pricing in low CPI (increasingly a new structurally low level of inflation due to tech disruption of labor force) while equities price in high EPS (with little on horizon to meaningfully reverse trend), although there is no reason why the second can’t flow from the first.

And there you have it ladies and gentlemen. 

1. The market is incredibly expensive. Record breaking expensive. Even if we take low yields into consideration.
2. Idiot central bankers are terrified of what happens next. Instead of letting the bubbles deflate they have juiced them to unimaginable levels. And in nearly all assets classes.
3. So much so that most retail investors now believe stocks will never go down. And even if they do it will be a BTFD situation.

We all have been here before and we all know what happens next.  It is different this time as so many believe? Perhaps, but if you truly believe that I still have some Pets.com stock to sell you.

If you would like to find out exactly what happens next based on our Timing and Mathematical work, please Click Here. 

– State of the Market Address:

• The Dow finds itself well above 22,000.
• Shiller’s Adjusted S&P P/E ratio is now at 30.96 Now at arguably the highest level in history (if we adjust for 2000 distortions) and still above 1929 top of 29.55.
• Weekly RSI at 76 – overbought. Daily RSI is at 79 overbought.
• Prior years corrections terminated at around 200 day moving average. Located at around 18,100 today (on weekly).
• Weekly Stochastics at 98.6- overbought. Daily at 98 – severely overbought.
• NYSE McClellan Oscillator is at +3. Neutral.
• Volatility measures VIX/VXX remains at suppressed levels. Commercial VIX long interest increased to 105K contracts net long. 
• Last week’s CTO Reports suggest that commercials (smart money) are shifting their positioning back to net short. Short interest has shifted slightly higher during the week. For now, the Dow is 11X, the S&P is at 3X net short, Russell 2000 is back to 5X net short and the Nasdaq is net neutral.

In summary: For the time being and long-term, the market remains in a clear bull trend. Yet, a number of longer-term indicators suggest the market might experience a substantial correction ahead.  Plus, the “smart money” is positioning for some sort of a sell-off.

If you would like to find out exactly what happens next based on our Timing and Mathematical work, please Click Here. 

ATTENTION!!! Please note, we have moved most of our free editorial content to our new website MarketSpartans.com Please Click Here to view it.ELLIOTT WAVE UPDATE:

ELLIOTT WAVE UPDATE:

Since many people have asked, I will attempt to give you my interpretation of Elliott Wave and how it is playing out in the market. First, I must admit. I don’t claim to be an EW expert, but I hope my “standard” interpretation is of help.

Let’s take a look at the most likely recent count on the S&P.

Explanation:

Long-Term: It appears the S&P is quickly approaching the termination point of its (5) wave up off of 2009 bottom. If true,we should see a massive sell-off later this year. Did it already complete? Click Here

Short-Term: It appears the S&P might have completed its intermediary wave 3 and now 4. It appears the market is now pushing higher to complete wave 5 of (5). If true, the above count should terminate the bull market. Did it already complete? Click Here

If you would like to find out exactly what happens next based on our Timing and Mathematical work, please Click Here. 

ATTENTION!!! Please note, we have moved most of our free editorial content to our new website MarketSpartans.com Please Click Here to view it.

Here is an interesting fact. During the first Korean war the US wiped out 20% of North Korean population and literally bombed the country back to the stone age. So, its entirely unclear who should be terrified here……us or them.  

– State of the Market Address:

• The Dow finds itself back above 22,000.
• Shiller’s Adjusted S&P P/E ratio is now at 30.96 Now at arguably the highest level in history (if we adjust for 2000 distortions) and still above 1929 top of 29.55.
• Weekly RSI at 75 – overbought. Daily RSI is at 77 overbought.
• Prior years corrections terminated at around 200 day moving average. Located at around 18,000 today (on weekly).
• Weekly Stochastics at 97.12- overbought. Daily at 98 – severely overbought.
• NYSE McClellan Oscillator is at +21. Neutral.
• Volatility measures VIX/VXX remains at suppressed levels Commercial VIX long interest increased to 100K contracts net long. 
• Last week’s CTO Reports suggest that commercials (smart money) are shifting their positioning back to net neutral. Short interest has shifted slightly lower during the week. For now, the Dow is 12X, the S&P is at 3.5X net short while Russell 2000 and the Nasdaq are net neutral.

In summary: For the time being and long-term, the market remains in a clear bull trend. Yet, a number of longer-term indicators suggest the market might experience a substantial correction ahead.  Plus, the “smart money” is positioning for some sort of a sell-off.

If you would like to find out exactly what happens next based on our Timing and Mathematical work, please Click Here. 

ATTENTION!!! Please note, we have moved most of our free editorial content to our new website MarketSpartans.com Please Click Here to view it.

– State of the Market Address:

• The Dow finds itself back above 22,000.
• Shiller’s Adjusted S&P P/E ratio is now at 30.68 Now at arguably the highest level in history (if we adjust for 2000 distortions) and still above 1929 top of 29.55.
• Weekly RSI at 71 – overbought. Daily RSI is at 65.02- neutral.
• Prior years corrections terminated at around 200 day moving average. Located at around 18,000 today (on weekly).
• Weekly Stochastics at 95.74- overbought. Daily at 84 – overbought.
• NYSE McClellan Oscillator is at +24. Neutral.
• Volatility measures VIX/VXX remains at suppressed levels Commercial VIX long interest increased slightly to 80K contracts net long. 
• Last week’s CTO Reports suggest that commercials (smart money) are shifting their positioning back to net neutral. Short interest has shifted slightly lower during the week. For now, the Dow is 10X, the S&P is at 3.5X net short while Russell 2000 and the Nasdaq are net neutral.

In summary: For the time being and long-term, the market remains in a clear bull trend. Yet, a number of longer-term indicators suggest the market might experience a substantial correction ahead.  Plus, the “smart money” is positioning for some sort of a sell-off.

If you would like to find out exactly what happens next based on our Timing and Mathematical work, please Click Here. 

ATTENTION!!! Please note, we have moved most of our free editorial content to our new website MarketSpartans.com Please Click Here to view it.

Unfortunately, I don’t have any answers today. Just questions. Just something to think about if you are a concerned American citizen, as I am. Watching the country I love disintegrate in front of my eyes.

When it comes to the NFL stupidity, Idiotic NFL Issue: Created By Criminally Insane Warlords For Dumbed Down Masses & Ignorant Presstitutes, Mr. Trump wants us to believe in a singular message. If you disrespect the National Anthem, you are a piece of s$#* unworthy of your Citizenship.

Fair enough, but let me ask you this……

• Do you think German soldiers were “Patriotic” when they have slaughtered untold millions in the name of the Deutschland? I am sure everyone one of them believed they were doing their patriotic duty.
• Do you think Japanese soldiers were patriotic when they went on a murderous rampage in the South Pacific?

Etc….you get the idea.  

Now, let me ask you this, as an American citizen, do you feel “Patriotic” when the US Government destroys the entire Middle East in the name of “Profit”? Directly killing and displacing hundreds of thousands, if not millions, of people.

Do you feel “Patriotic” when they sell billions in weapons to Saudi Scumrabia and they use those weapons to go on a murderous genocide in Yemen?

Do you feel Patriotic? 

And finally……who are the real patriots here? 

Warmongers in Washington who have killed thousands and are now pushing us towards a Nuclear War with North Korea -OR- ordinary Americans who are sick and tired of this BS.

Again, no answers, just questions. Definitely something to think about today. 

There is no other way to say it. President Trump is a complete f$%*ing moron. And so am I, by the way, for voting for the guy. Apparently the threat of a nuclear war within Asia is not good enough, the orange buffoon now needs to cover his tracks with yet another pointless charade. This time against the men in spandex who run around the field holding a ball. YES, the NFL.

Trump Escalates War With NFL In Early Tweetstorm

Excuse my language, but who give a #$%$.

Here are just 3 issues American Presstitutes should concentrate on today.

Issue #1: 

Says Nuke Launch at US “Inevitable” 

Who cares? Well, you might if you knew that the US is unable to shoot these ICBMs down.

US Cannot Shoot Down DPRK Missiles: Global Defense Experts

Issue #2: 

US-led coalition airstrikes near Raqqa killed 84 civilians, HRW says

Just one of many, but yes, if you pay taxes in the US, you are a war criminal. Just as I am. Think about that one for a second.

Issue #3: 

Russia Reveals Footage of US Forces Near Daesh Positions North of Deir-ez-Zor

Imagine that, another conspiracy theory is proven to be true. And what does that make us (American Citizens)?

On second thought, forget about all of the above. Let’s talk about some 300 lbs man with 10 concussions and his knee bending ability. That indeed appears to be much more important. Bread and circuses for the masses.

We do live in strange times. What else is there to say.