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The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
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N.B.
* The content in my articles is time-sensitive. Each one shows the date and time (New York ET) that I publish them. By the time you read them, market conditions may be quite different than that which is described in my posts, and upon which my analyses are based at that time.
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* In answer to this often-asked question, please be advised that I do not post articles from other writers on my site.
* From time to time, I will add updated market information and charts to some of my articles, so it's worth checking back here occasionally for the latest analyses.

DISCLAIMER: All the information contained within my posts are my opinions only and none of it may be construed as financial or trading advice...please read my full Disclaimer at this link.

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Thursday, July 29, 2021

What Jerome Powell Really Said 😕 PLUS Other Stuff

Translation: 

Inflation is up. We don't know how long it will keep going up. At some point it will stop. But, prices will not go back down. 😕

LOL...that's his definition of 'transitory!'

Say goodbye to lower and middle-class America and small business owners...trying to recover from the world-wide crippling pandemic in the midst of all this rising inflation




Meanwhile, Joe Biden recklessly spends trillions of tax-payers' dollars on his pet projects, while encouraging the non-stop flow of COVID-positive (estimated to be 100,000 who are COVID-infected), disease-ridden, unmasked and unvaccinated illegal immigrants from all over the world to flood across the open southern border (over one million from 161 countries, so far, this year PLUS thousands of 'got-aways') and be transported by air or bus into unknown (undisclosed/secret) destinations in various states in America, while insisting that Americans get vaccinated and mask up again...and pay for all the costs associated with this mass migration process, including the care and housing of these illegals!

No wonder some members of Congress are fed up with all of this nonsense...I wonder why all of them aren't fed up and speaking out? Don't they care about their constituents?

In fact, why are any Republicans participating in any negotiations on any of Biden's legislative bills in the Senate (e.g., infrustructure) BEFORE insisting that he fix his border crisis, including finishing building the wall? How do they think they'll ever get a handle on ending the COVID pandemic until their southern border is secured, as it was when President Trump left office in January?

Biden completely wiped out all of Trump's border policies, even though they were working! How is that a smart or responsible action by the President, who is supposed to be in charge of national security and ending the COVID pandemic, and why is he ignoring those duties??? 😕

At what point do President Biden's executive orders and policies become a dereliction of duty and a national security threat?


The southern border mess...

Source: ZeroHedge


Masks off...masks on. Mask guidance has been flip-flopping since Day One of the pandemic...




We'll see if politicians are held accountable by voters during the 2022 midterm election...and the 2024 Presidential election

I wouldn't count on the Democrats and Biden holding onto power...who are more interested in stoking racism against Jewish, Asian and Caucasian Americans and turning a blind eye to out-of-control violent riots and rampant crime sprees and murders that have been plaguing hundreds of cities across America since the summer of 2020, while their Mayors defund the police and their District Attorneys and prosecutors fail to incarcerate and prosecute these criminals (who continue to commit more horrific crimes), as well as Judges who fail to sentence criminals accordingly. Kamala Harris (Senator at the time) even urged people to donate to a bail fund for rioters last summer!

Seriously...what the hell is wrong with all of these politicians! It seems they're lying when they agree to uphold the laws when they're sworn into office following their election.

God help Americans and protect their security, freedom, liberty and the pursuit of happiness, to which they're entitled under their Constitution...because it seems as though Joe doesn't want that job after all.


By the way, is anyone concerned about the negative impact that disposable masks are creating on the environment (especially what they're doing to our lungs as we breathe in their fibers and any bacteria that collects on their surface and impede breathing by those affected with lung diseases)?

All Americans will continue to be muzzled (masked) forever and their health jeopardized, until the southern border is closed and properly secured to stop the inflow of millions of diseased illegal aliens who are carrying new, and potentially deadlier, COVID variants from their countries of origin.

President Biden has the power to put an end to this reckless policy. 

So, why doesn't he? 🤔


Deaths from homicides are outpacing COVID deaths in Washington, DC...which one is the real pandemic?


* UPDATE August 2...

So, does the NYT opinion article (as described in this Fox News interview) explain the real reason why Joe Biden is allowing the surge in illegal immigration...that is, to allow them to vote without becoming citizens (and sway the outcome of all future elections in favour of, what has now become, his radical extreme far-left Democrat party...in perpetuity)?

If so, what will that do to the country (which is governed by its Constitution) and the rights of its legitimate citizens?

And, what bizarre un-American, unconstitional edict is next, then?

Brace yourselves...

Source: FoxNews

* UPDATE October 3...

More information on inflation...








Meanwhile, Joe Biden's approval ratings continue to tank...


Vintage Joe BidenNo doubt, this will be a shocking revelation for the thousands of Haitians who've recently entered the U.S. illegally via the southern border, with tens of thousands on the way, as I write this.

As we know, leopards don't change their spots, so it makes me wonder what his plans are for all of them...will he welcome and re-settle them all in his home state of Delaware, or will he dump them elsewhere? 🤔

Don't hold your breath that you'll ever see any of them in any Delaware neighbourhoods...instead, they're coming to yours.


Sunday, July 25, 2021

Joe Biden's Town Hall 😕

The condensed version...


An actual unedited sentence from that town hall...


Oh my! 😕

This is only a tiny sample of President Biden's many strange and/or incoherent statements and answers (sometimes as angry outbursts) to questions over the course of his first six months in office...not to mention all his failed (disastrous) domestic and foreign policies (blunders) that he's already implemented during this short time. Heaven help Americans while he serves out his remaining three and a half years!

No wonder House Speaker Nancy Pelosi is trying to distract attention away from Biden and focus it on former President Trump and his 75 million voters with her partisan charade...



Saturday, July 17, 2021

That's What Doctors Are For 😏

Why would you take your medical advice from social media sites, such as Facebook, when that's what your family doctors are for? 

Whether or not you should receive a COVID-19 vaccine is a private matter that is best discussed with your own doctor (who is familiar with your medical history).

That's what the Biden administration should be recommending and pursuing...not the policing and censoring of 'opinions' posted by every 'Tom, Dick and Harry' on those sites!

By the way, if you're wondering why people may be skeptical of taking a vaccine, take a look at this Twitter thread of past tweets when everyone from Joe Biden to Bill Gates (and, especially, the media) were questioning and/or denouncing it (simply because it was being developed by the drug companies during former President Trump's administration as part of their 'Operation Warp Speed' program)...none of whom ever did thank him for leading this monumental effort to combat this 'frankenvirus.'

Tuesday, July 13, 2021

SPX: Dead Cat Bounce?

* See UPDATE below...

A bit of humour provided while waiting for the SPX to roll over...


The diverging RSI, MACD, and PMO indicators, as well as the ratio price, on the SPX:VIX ratio are not confirming the rally in the SPX (from June 21)...something I reported on in my post of June 20...so, I'm thinking this latest rally may be a 'dead cat bounce,' and about to turn around. 

However, as we know, markets have a habit of baiting, trapping and surprising.

So, we'll see what happens, and whether traders are at all bothered by inflation data.


* UPDATE July 19...

If the ratio price remains below the 200 MA, look out below for the SPX...the 'dead cat bounce' is playing out nicely with the recent plunge in the SPX.

Major supports sits at 4000 on the SPX...and 100 on the SPX:VIX ratio.




Thursday, July 01, 2021

REMINDER: Changes To My Blog E-mail Subscription Service Begin in July

N.B. To my Blog readers who receive my new posts via e-mail, please be advised that Google's E-mail FeedBurner Subscription service will cease to be provided and you will no longer receive them via email, beginning in July.

Instead, feel free to bookmark my Blog address and check in daily to read any new articles that I may have posted, as well as any updates I may have added to previous ones.

My appologies for any inconvenience in this regard. Your loyalty over the years is appreciated. 😊

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Many thanks to all who've supported my Blog over the years, in one way or another. 😊

Candy Matheson

Strawberry Blonde's Market Summary