S&P 500 (SP500) News

Stocks are about 120% overvalued. CAPE PE ratio typically should be 12-18, but earnings are decreasing compared to prior year for most stocks. PE over 22 is very risky. Right now, we are seeing Cyclically Adjust PE ratio (CAPE) at 37. This is extremely bearish, and 60% drop is coming (and even after 60% drop, stock markets would still be overvalued).

Charts: 2 Tests of 5603 Today! ( Rule of 3 Next ?)-----3 Tests of SPX 30 min Red Line !---Will Rule of 3 Kick In ?? Smarts R in Da Charts !! --- In/Out Rest Day !!LOL!!

Out 567P.68!-----5 min SPX & Vix in Triangle Apex!----5603 Da Boss ??

Out 1/2 567P .86! Lets see ???

Vix Hit Target Fib 18.83!-----Now Reversed back up ---Target Vix Fib at 20.13!----Vix 5 min Rising Triangle formation !

Another SPX 5 min Falling Triangle---Base Da Red Line & 5603 !---Ridin 567P .52?

Mkt Needs Close Above SPX 5720 to Clear Out the Thurs Inside Day !

Out 572C .56!----Vix Reversing !

Vix Down Target Fib at 18.83 !----Lets see what she says ??

Nice Morning Bounce Off SPX 30 min Red Line----Mkt still Bullish --Says the Mother of All charts !!

Ridin 572C .38---- From Da Red Line !

5603---What now U ask----Very nice SPX 5 min Falling Triangle---Base 5603 !!!

Back down to Da SPX 5 min Red LIne & Fib at 5603 !

great analogy

Pop & Drop!---Nice Short Da Gap from R2---Vix 5 min CCI Sell/Sig 6:52----567P .36--1.08 !

20 ton elephant walking a tight line over the Grand Canyon?

GAP and TRAP

no more 50 bip cuts, perhaps not even two 25 bip cuts now

market looks heavy

36 trillion reasons why Dxy needs to go the other way, lol doesn’t matter what they do.

Gap and run 

so now the FED has less reasons to cut

Dollar jumps to seven week high on strong US jobs report

https://www.xm.com/research/markets/allNews/reuters/dollar-jumps-to-seven-week-high-on-strong-us-jobs-report-53939314

GLTA

Follow for you
Great posts ducci!

Anyway-- Pivot Calcs: SPX Pivot--5697----R1--5717--R2--5734----S1--5680----S2--5660-----SPY Pivot--567----R1--570----R2--572----S1--565--S2--562 !---Vix Pivot--20.13 !

ie----1970 Bay Area--was making about $350 a wk---Less than 20K P/Y---Descent House --30K--What $250 or less P/Month ( 3 paychecks left over to Burn!)---then the $ Printing picked up steam -----Now House payment $2500 or more P/Mnth---Fair wage would be 10 times 20k----$200K----Retail Clerks now 50-60K P/Y-----Whats wrong with this picture???? Da Mony Going Sum Where???---like I Said--- Robber Barrons !!! Result Noooo Middle Class !!!!---Very Dangerous Sitiuation !!!

It's all Sweat Shops Today!---The Robber Barrons back in control !!

Was UFCW (Retail Clerks) Bay Area-1960's--70's -everything was union then---Great wages then--when a $ was a $---25K P/Y was comprable to 150K (Or More ) today!---When We went on Strike--all the Unions struck together! ---Most Consumers would not cross the picket lines!----The Place was SHUT DOWN !!--All Pussies Today!----Both Sides !!

In BadTimes the commies allways come alive----ie-- the 1930's--- Repeat ?

port workers are pussies

3 day strike, what a joke

Tin hat

Should I get sunblock?
What spf do you recommend??

MACD cross negative on SPX daily

Huge solar storm this weekend, don’t hold short dated options over the weekend in case internet is out come Monday. Cheers!

The Fed has over $2 trillion on balance sheet, now over $7 T, very stimulative. Federal government is injecting $2.5T/yr. Looks worse each week. They are suffering from an addiction problem and have reduced benefit from repeated use. The stimulus is both unsustainable and is insufficient at same time -- The problem now is essentially the same as the Matthew Perry problem.

Yes apparently if you don’t have cronyism you have communism. Just a few got too greedy and now unfortunately our country must suffer for the work of a handful.

Closed 570C .48 !----Gotta a Town run Today---Still foolin with the Well Stuff ---Have fun in the APEX !!LOL!!

Back up to Da SPX 5 min Red Line ?

Vix Target Fib at 19.47 ?

Waggin 570C .28?? ( From Vix 20.36 )

SPX 30 min Red Line has to be taken out for Mkt to decline----not seein it yet !--So far there just teasin with the 15 min !!

SPX 30 min Red Line Still hanging In There ( Mother of All Charts)----Looks like Vix will Call it at 20.36 ??

2000---2008---????-----Bear Mkts have 3 Phases (In Real Money)--The 3rd is the most devastating !-----Looks to be the case !!--Another Transfer of Wealth----You'll Own Nothing---But won't Like it !!!----Rule of 3 will strike AGAIN !!

Out 565P .84! Vix Reverse at HOD !

Vix Tryin to Break Out 20.60!

NVDA Blackwell product has no relationship with the health of the US economy

its being bought by 5 largest companies in the world, its very niche product, yet the US stock market traders think NVDA is the US ECONOMY


they are in for a RUUUUUUUUUUUUUDEEEEEEEEEEEEE awakening

better yet, AI will displace jobs, not create jobs

data centers (important yes) but they are not true sign of a strong economy thus a stock market at record highs based on over zealous chip and semicondutor industry distorts everything, especially our stock market

Still Ridin 565P .44 !---from Da Red Line !

Crony Capitalism at it's Best !----Zero Price Discovery!----Very Sad !!

YES , BUT THE FINAL RESULT IS SPY ""UP"". UNDER NO CIRCUMSTANCE THE FED WILL ALLOW
A BREAKDOWN IN THIS MARKET !! THEY WILL INVENT ANY REASON TO PUMP THIS MARKET
CONTRARY TO THE DETERIORATING UNDELINING ECONOMY !!!

YES , BUT THE FINAL RESULT IS SPY ""UP"". UNDER NO CIRCUMSTANCE THE FED WILL ALLOW
A BREAKDOWN IN THIS MARKET !! THEY WILL INVENT ANY REASON TO PUMP THIS MARKET
CONTRARY TO THE DETERIORATING UNDELINING ECONOMY !!!

Vix-----Coiling--HOD 20.36----Fib & Pivot at 19.38 ?

its official, the entire US stock market now hinges on NVDA MSFT and AAPL

thats it, everything else is immaterial

how sad our markets have become