Thursday, April 18, 2019

One more time ... one more high ...

I guess I should be angry about this.

sofia leung tweet

But she's exactly right.  I agree completely.


We should thank Sofia Leung for being direct and honest with us about the matter.


Books and libraries are just so much whiteness.

$NDX made a new high this week, so we can expect the same for $SPX, etc.  Timing works well for a few weeks from now, in May.

SPX hourly

Support is down around the 2260 level before they do something at the June FOMC.  But they may just kill the balance-sheet normalization schedule, leaving rate cuts for when things get truly desperate.

SPX daily

Real price-discovery puts the S&P 500 back at 500; it would be nice if we could get it over with this year, so Trump can start working on his 2020 campaign.

SPX daily again

If the market implodes, though, Trump will have no choice but to dump everything he has got on the treasonous Democrats.  The 2020 election would then be the most epic event of our lives, after the market panic and meltdown.

We'll get MMT eventually -- it's the logical conclusion and exciting finale of the path we took in 1913.

22 comments:

christiangustafson said...

This is novel, that Asian-Americans are going hard SJW and anti-white these days. My Chinese pal in college was a yuge reader of the Mark Twain and other hwyte authors. Did he suffer from false-consciousness? I will pray for him.

Are the Sofia Leungs just another example of hyper-conformity, absorbing the dominant narrative and doing what is expected of them by and for the elites?

Anonymous said...

Those afflicted with "whiteness" need to move out of all major cities as soon as they have the chance. With a few exceptions they have gone to complete shit and have caved to the lunatics. In a few years my wife and I will be moving permanently to a very "nice" small town, never to return to a major city. It may take a couple of decades for the pale people to empty out of the cities, then we can watch the hilarity from the sidelines. Finally the knuckle dragging proto-humans and their handlers can live in peace once and for all, without being subjected to "whiteness."

Anonymous said...

"Asian-Americans are going hard SJW and anti-white these days" I don't think most of them are that hard core, you're on the West Coast which is the most bat shit crazy area in the country. I'm sure you're aware that Asians are skipped over at many Ivy League schools for more "worthy" students and some of them are suing. Those toeing the SJW line are going to be in for a rude awakening as they are seen by many radicals as "honorary whites."

Anonymous said...

http://huntsvilletribune.com/white-america-is-quietly-self-segregating/

Anonymous said...

PA town outside of Philly has permanently shut down an annual carnival. I'm sure whiteness is to blame.

https://6abc.com/-aston-twp-carnival-shut-down-after-large-fight-arrests-made/5259131/


Anonymous said...

It never ends.

https://www.nydailynews.com/sports/baseball/yankees/ny-kate-smith-god-bless-america-20190418-wfkyednrvrherh57sfmb4h7s5y-story.html

Randall Beehomes said...

Happy Easter!

Lady S said...

I am just wondering from where you get comfident, you can see the byers every Day and every weak

T.Berry said...

mere 2% till 3k, said 2 years ago we're going to 3k. back to new ath's like mkt does 100% of the time.

Randall Beehomes said...

Best of times Dingle! Fuck yeah

Unknown said...

New all time highs, in both the markets and coming soon at the pump! Last time we were at $5 for a gallon of gas oil was trading in $130s, now we're near $5 again with oil only at $66. What good are stocks at all time highs when everything else is getting expensive?

Anonymous said...

I'm already getting nervous about my full year call. We're getting way ahead of ourselves and crude is screaming higher. It's up over 50% since the low 6 months ago. The last downturn was preceded by a nearly 60% YOY rise in crude. It's been a sweet ride since first of the year, but I'm lightening the load here. GLTA

Lady S said...

T.BERTY, what's after 3K, do you think we can finally see a good fixed off all 10 years?

Lady S said...

Something like 50%

john said...

Crude is screaming higher, I recommend a used hybrid sub-compact. The horror?

T.Berry said...

don't get hung up on oil or gasoline prices, they have very little effect on the stock market.

current national average price for gas is $2.90

the 3 highest years (based on ave price nationally) are

2012 @ 3.64 (s&p return 13%)

2013 @ 3.53 (s&p return 29%)

2014 @ 3.37 (s&p return 13%)


in 2012 the s&p was at a mere 1,394 and oil peaked at 128 on 3/9), fast forward to today and the s&p has more than doubled.

another buck a gallon isn't going threaten the stock market returns. the average person drives 13,476 miles per year @ 23.6 miles per gallon average, that works out to about an additional 48.00 bucks a month). the us is in the greatest economic expansion in history and americans have never seen higher wealth levels.

nice finish to another historic week---nas hits 3 new record highs, s&p 2 (even without a trade deal) . s&p just 35% from 4,000 which should hit somewhere around year end 2021 or early 2022. roughly 30 months give or take.


T.Berry said...

s&p 5 new all time record highs in just the last 7 days. 4,000 may get here sooner than expected

if infrastructure bill passes coupled with a trade deal gdp could surpass 4+%

as i said 4 years ago, zero reason to sell if you're a long term investor. the leading economic indicators remain strong. q1 earnings have been solid and the outlook continues to be strong.

american's have never been wealthier (and they are 70% of the economy)

Randall Beehomes said...

Yup Dingle. Since going long, I have been growing new hair on my head and seem to attract all the ladies. Let the bull run.

T.Berry said...

oh and a big shout out to siri! still holding aapl from 170 & 144.

T.Berry said...

didn't take lamp chop long to come out. lol

Randall Beehomes said...

Amazing what happens when the Fed simply hints at actually stopping the coke and hookers.

Bryan Franco said...

It also didnt take long for the market to make a new ath after the media reported that Trump engaged the "the president's working group" on or around Christmas