Why the Market Will Drop 100 Today

If the premarket/futures are right, the Dow should dump about 100 points around the time of the open today. In addition, the first target level of support for the S&P 500 around 2,120 looms as possible, too.

If the market takes a hard bounce up from these levels, then we will rally into next Spring, at least more’n likely. Left-field events (other than democrats, lol) are always a risk.

On the other hand, take out 2,120 in a definitive way (like a close tomorrow around 2,100) and we could be headed for the next major level down which is around 1,980 on the S&P.

So what’s driving it all?

This morning a list of competing theories we’ve been jotting down along the way.

1.One reason could be because both last Saturday and again yesterday, I explained to our Peoplenomics.com subscribers how triangle and wedge formations work.

2.A second possibility is that I have been short with a triple-levered ETF since (here’s the time stamp from my trading account) 09/01/16 | 12:27 PM ET.

3.A third (and more plausible to skeptics) reason is that the U.S. dollar is strengthening. We need to subdivide this into several observations:

a. When the US dollar strengthens, it doesn’t take ass many buffed-up bucks to buy the underlying assets represented by stocks. Over the last 50-years, we have made this weird transition to where stocks act as much like a real estate investment (except as shares of market) than cash-generators. Picture a world when a half-price dollar would double the nominal “price” of the market, but in reality it’s really net neutral in after-tax purchasing power.

b. Then we have to admit that the 10-year bond, which was up to 1.78 may be telling us something no one wants to think about – yet: That the long-term decline in bond yields which has been in play since the 1980’s (chart here) is over and done with. As this occurs what happens? Well, the USA begins to look like it will pay a little more for the use of money than the rest of the world, so money will flock to the USA…

c. As money rolls into dollar-denominated assets, we should see one massive final run up in markets until we peak out in 2017. After next fall this time (at the latest in my work) it will be time to start wearing pampers because the you know what will be scared out of people when the global financial House of Cards begins to fall apart. This leads to a Greater Depression bottom in the 2020-2024 period and that will end with global war featuring China and/or Russia. War on this scale will do several important things.

i. It will give the criminals who pyramided compound interest to the moon “cover” – they will blame “America’s enemies” – not a new trick as any Japanese-American will tell you.

ii. It will reduce the global population by whatever the exchanged nukes do.

iii. It will thereby destroy much of the excess production capacity that exists globally, thereby “turning under the current crops” and providing fresh ground for economic re-seeding.

iv. It will give a new class of gov-jackers reasons and excuses to further belittle and suspend Constitutional rights, thereby making the US more restrictive and closed than even Russia and China. We, in so many words, are due to reprise the role of Germany in WW II. Except instead of marching on Poland, it will be Ukraine, but that’s a nit.

v. It also solves the unsustainable debt issues related to blowing up pension funds and the massive theft of Social Security assets from the laughably named “trust fund” – which has all been “repurposed” into interagency debt and such useless paper, easily annulled by the shills on the Hill.


Now just wait for the market to open. When I get to my target return on my personal money (8% per month) I will blow out of the short, flip long when it looks about right (if 2,120 holds) and then ride it up to the peak in 2017. Again, triple-levered, but with my hands on the emergency back-up parachute.

In the meantime, gold and silver continue to look stalled. That should continue in limbo because the criminal congress (with the Obama fan club led by turncoat Paul Ryan) has pushed back Obamacare hikes until AFTER THE ELECTION so you won’t feel the yoke of financial oppression until it’s too late to do a damn thing about it.

Not that you don’t know in advance. I just told you.

I think it was Elvis Presley who said it best of all:

With a track record like this, I can’t figure out why there isn’t a line 2-miles long to sign up for Peoplenomics.com.  But, as I was talking to a fellow Wednesday, he said “There’s a lot of talkers in the world.”

Had to agree.

Why people would sit around and write internet content to make the likes of Zuke Markerberg rich, or go to casinos before they learn how to really invest is a mystery we won’t solve this morning.

Maybe American’s really ARE incredibly stoopid (sic) and deserving of Her Highness.

With that as background, see if you can hear the “silent dog whistles” in the headlines here…

Import and Export Prices

News release du jour::

Imports All Imports: U.S. import prices resumed an upward trend in September, increasing 0.1 percent, after a 0.2- percent decline in August. Prior to August, import prices had risen in each of the previous 5 months, advancing 3.1 percent between February and July. Despite those increases, import prices continue to decline on a 12-month basis, falling 1.1 percent between September 2015 and September 2016. The 1.1 percent decrease was the smallest drop on an over-the-year basis since the index fell 0.3 percent in August 2014.

Exports All Exports: The price index for overall exports increased 0.3 percent in September, as rising nonagricultural prices more than offset declining agricultural prices. The advance followed a 0.8-percent drop the previous month and resumed an upward trend dating back to April. U.S. export prices fell 1.5 percent for the year ended in September, the smallest 12-month decline since the index decreased 0.7 percent in October 2014.

Market is not amused.  Down 120 when I checked.

Department of News Control

We read with some interest the reports that the Clinton’s may have unacknowledged black grandchildren.  This as the outfits like CNN have allegedly put the kibosh on coverage of the issue.

Remember the words of late legendary pitchman Billy MeyersBut Wait!  There’s MORE!

We have more comparison shopping this morning between Google and Bing on the Clinton  step-son issue of Danny Williams.

Danny Williams coverage” as a search on Bing leads right to the CNN report on GLP.  Google puts a Drudge link below the fold on mobile devices.

News.Google is playing hard on the women accusing Trump and Drudge is all over “Trump Hate Rages.”

Uh-huh.  Yuppers.  Just another day here in the third grade.

Obama’s Wars:  Release ISIS Terrorists

The Nobel peace price winner who had kept two wars going and has started three more, apparently has yet another bad idea:

SECRET ‘TERROR DEAL ‘America ‘plotting to allow 9,000 ISIS fighters to escape terror capital Mosul so they can attack Russian troops’, Moscow outrageously claims.

You were wondering why I refer to him as president Useless?  Sheesh.

Peace:  Still Blowin’ in the Wind

The Nobel Committee did get one thing right:  Bob Dylan, legendary songwriter/composer wins the Nobel for Literature.

First time I heard Dylan was at the home of an alleged communist party union organizer back in the 1960’s.  I knew the kids and yep, the dad was one of the people investigated by HUAC.  The FBI would drop by now and then for coffee and to check on people’s comings and goings at their house. 

Still, got to admit that Dylan nailed how the world really operates in his “Masters of War:”…

The good news about Dylan getting the Nobel?

It opens the way for another great artist who called out the bullshit of war to receive an award for this little ditty:

No comments on who’s playing Lead Qatar, please.  We try to be a little more highbrow around here.

Well, except for:  “Putin ramps up WW3 fears as he launches NUCLEAR MISSILES in terrifying show of power.”

Which gets your local news-jay to offering a final thoughtful from Dire Straits.

Drop by tomorrow morning.  We’ll have the Friday Flash on Retail Sales.  Goggles ready?

Pass it on.  Tell ‘em Edwin Starr sent you.


Why the Market Will Drop 100 Today — 17 Comments

  1. there was an article in the NZ hearld about a market crash alert.
    IF this was to happen very soon. Would our saving be safe? Are they still safe to keep in a bank? What would you do?

  2. If I were a gambling,I’d say Friday Dow will look like last monday

  3. Well, since my comment didn’t seem to post properly, let me ‘expand’ on what I was saying –

    The ‘great powers’ be they – Russia, China, the United States – or any country or group of peoples through history – have traditionally exerted their dominance by waging war on whatever country or group that was seen by them as a threat to them continuing their dominance.

    Regarding your statement that we (or other major powers) will be in war by the early 2020s – some other authors have also expressed this belief,(sorry I can’t give specifics ‘off the top of my head’), but given the scarcity of resources such as water, the hatred between countries such as Pakistan and India, and the ‘cyber-wars’ that are currently embroiling our country, China, and Russia, I agree that the 2020s are/will be very dangerous.

    I really like the “Masters of War” as sung by Judy Collins – the contrast between her sweet, rich voice and the words of the song is very effective and affecting.

    And yes, I think that Donald Trump is neither fit nor worthy to be president due to his apparent mental state – or else he is just a complete and utter jerk.

    When I worked in retail, we had a vendor who would kiss any woman in our office as soon he entered the room. When we complained (yes, this was forty years ago), we were told that he was ‘just fooling around’, and there was nothing we could do to stop it.

  4. Re: Danny Williams. Haven’t republicans argued that Chelsea Clinton is actually Webster Hubbell’s child; that Bill Clinton is sterile and unable to father children and that Hillary Clinton is actually a lesbian? Now republicans tack into the wind and disavow all the previous arguments.

    How do republicans prevent living in a state of cognitive dissonance? And as always to prevent being called names – I didn’t vote for Obama either time; I’m not voting for Hillary and I’m not a democrat.

    • I am a long time libertarian not a republican so I can’t speak to some of the claims. I can tell you that Danney (he spells it with an “ey”)Williams is a long-time “secret” in Arkansas. I have heard it remarked that he is a fine man considering. Who knows, Bill could have become sterile after. From where I am standing there is such a bumper crop of cognative dissonance around all political parties this season (not just republicans) that I can’t imagine how one could tell what to believe.

  5. 2 comments

    1) The Putin launching nukes took me to Fidelity Investments. Was the link intended to take me there? Just curious.

    2) CNN = Clinton News Network

  6. Your 2120 call was quite good. Some oil price shenanigans at 11:00am but other wise, reflection point was just below 2120.

  7. Dylan is a fraud. Research shows plagiarism… it’s been said he has been “lifting” lines his entire career. There’s also a video clip he admits he sold his soul to the devil.
    “Christie’s auction house acknowledged in 2009 that a handwritten Dylan poem that was up for sale really consisted of words from a song by country crooner Hank Snow. ” http://disinfo.com/2011/09/bob-dylan-plagiarist/

    • Who do you think “controls” the Nobel crowd?

      It should be obvious that a prize founded on dynamite is in league with the Devil, right? So why not war and Dylan?

  8. As of Spring of this year there were 444 nuclear power plants world wide. WWlll = 444 Fukushimas. You’ll be surprised to find out there are no stocked Fall-out shelters near you. What is it about those people who just can’t see/care what they are doing to the rest of life on this planet. Don’t bother contacting your representative as they are part of the problem other wise we wouldn’t be in Syria; or have nukes in Europe irritating Putin. Collusion, subversive and provocateurs…no rule of law…our government treats our constitution as if it no longer relevant. No one will save us other than ourselves. They are NOT listening, and it seems like voting isn’t getting the job done. Put their pictures on playing cards. On John Titor’s time line, they were all hunted down…just saying.

    • we truly enjoy seeing the corrupt ones hunted down by patriots with the guns the cabal wanted to seize

    • Yes, and that is why this site is so important, because BEFORE the election and AFTER the election are still good times to continue to prepare for the continuous slide…remember, many factors are at play, and they are not all controllable even by TPTB, so we, the preppers and remote/in control experiencers of this life, still gotta do what we gotta do. STAY FOCUSED!