I am amazed by the sheer stupidity of Trump’s Administration trying to start a nuclear war with North Korea. It makes absolutely no sense as North Korea poses absolutely no threat to the USA.

Yet, gullible Americans are too eager to believe that ‘Crazy Kim’ is ready to vaporize the entire West Coast and everything in between.

What’s worse, the outrageous claim of American military superiority over North Korea is borderline insane. For example, most of the people I interact with on the daily basis, and with most of them being highly educated, truly believe that a war against North Korea will be won in a day or two. What a bunch of fools.

The TV coverage is laughable as well. I will give you just two instances.

1. One of the news channels had a jarhead on discussing how Seal Team 6 will take out Kim as soon as the war starts. To them I say, good luck with that lads.
2. The South Koreans, in the meantime, were threatening to bring fire and fury to their North Korean brothers. I was wondering if that would be before or after Mr. Kim attaches a nuke or two to his long range artillery rounds and sends half of Seoul to their afterlife.

Anyhow, perhaps Mr. Trump and his generals could stick their collective heads out of their asses to see what Mr. Putin has to say.

Putin: Military hysteria over N. Korea may lead to planetary catastrophe, heavy loss of life

“Ramping up military hysteria in such conditions is senseless; it’s a dead end,” he added. “It could lead to a global, planetary catastrophe and a huge loss of human life. There is no other way to solve the North Korean nuclear issue, save that of peaceful dialogue.”

I highly recommend reading the entire article.

Like I have said, when President Putin is the only remaining voice of reason in this crazy world, well, the end might very well be near.

In terms of Wall Street, it might be time to BTFD!!!

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

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. 

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

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– State of the Market Address:

• The Dow finds itself back below 22,000.
• Shiller’s Adjusted S&P P/E ratio is now at 30.08 Slightly off highs, but still…..arguably the highest level in history (if we adjust for 2000 distortions) and still above 1929 top of 29.55.
• Weekly RSI at 68.40  – neutral. Daily RSI is at 54.67 – neutral.
• Prior years corrections terminated at around 200 day moving average. Located at around 17,950 today (on weekly).
• Weekly Stochastics at 72.69 – overbought. Daily at 52.55 – neutral.
• NYSE McClellan Oscillator is at +11. Neutral to slightly oversold..
• Volatility measures VIX/VXX have spiked higher off of recent their historic lows during the week. Commercial VIX long interest was lower. Now at 70K 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 7X, the S&P is at 3X, Russell 2000 and the Nasdaq are net neutral. That is a substantial short position against the market.

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. 

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

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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. 

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

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We executed a trade in the USD (DXY) on Monday at $92.49. An incredibly important juncture. Find out what that trade was (long, short, hedge, exit, etc…) and why. To learn more please Click Here. 

Plus, 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 back below 22,000.
• Shiller’s Adjusted S&P P/E ratio is now at 29.90 Slightly off highs, but still…..arguably the highest level in history (if we adjust for 2000 distortions) and still above 1929 top of 29.55.
• Weekly RSI at 67.17  – neutral. Daily RSI is at 50.60 – neutral.
• Prior years corrections terminated at around 200 day moving average. Located at around 17,950 today (on weekly).
• Weekly Stochastics at 73.84 – overbought. Daily at 35.02 – neutral.
• NYSE McClellan Oscillator is at -9. Neutral to slightly oversold..
• Volatility measures VIX/VXX have spiked higher off of recent their historic lows during the week. Commercial VIX long interest was lower. Now at 70K 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 7X, the S&P is at 3X, Russell 2000 and the Nasdaq are net neutral. That is a substantial short position against the market.

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 below 22,000.
• Shiller’s Adjusted S&P P/E ratio is now at 29.90 Slightly off highs, but still…..arguably the highest level in history (if we adjust for 2000 distortions) and still above 1929 top of 29.55.
• Weekly RSI at 67.17  – neutral. Daily RSI is at 50.60 – neutral.
• Prior years corrections terminated at around 200 day moving average. Located at around 17,950 today (on weekly).
• Weekly Stochastics at 73.84 – overbought. Daily at 35.02 – neutral.
• NYSE McClellan Oscillator is at -9. Neutral to slightly oversold..
• Volatility measures VIX/VXX have spiked higher off of recent their historic lows during the week. Commercial VIX long interest was lower. Now at 70K 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 7X, the S&P is at 3X, Russell 2000 and the Nasdaq are net neutral. That is a substantial short position against the market.

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:

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.

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