Market Dumps, Ure Jumps

Reader Note:  We will put up a fresh post when the new Case-Shiller Housing Market data is released.  Look for the update about 8:15 AM Central.

The return on my personal portfolio for the year should jump into double-digits, the way futures are looking this morning.  That’s because “when the market dumps, Ure jumps.”

Ah, joys of being a contrarian old cuss.

We will have some outlooks tomorrow on Peoplenomics tomorrow for subscribers, but for now the outlook is still mixed.  A big drop this morning doesn’t translate into fabulous wealth, but the number of cheeseburgers for lunch today will be up in the thousands in today’s trading, if the futures hold.

Being a Bear (one expecting the End of the World any minute but wanting to make a few bucks on the way out) is not a permanent condition for us.  But, sometimes it’s the obvious choice when we look at the problems loose in the world.

The most worrisome thing recently is this matter of Sweden sending all residents a pamphlet on how to prepare for war.

This comes at a time when the Global Economy seems to either have peaked, or it’s about to.

We don’t usually share Peoplenomics content, but one of the data series we track for subscribers is a Global Aggregate Index. Here’s what it looked like Saturday:

So, what is this chart telling us?

Well, if you go back to the fall of 2000 – after the peak of the Internet Bubble, and move forward, you can see how from the 2003 lows, the Global Index moved up in parallel with the US Greenspan serial bubblizer.

When the crap hit the fan in 2008 – due to too much of a good thing (free money and nodoc loans) we collapsed in a heap.

Here’s where it gets important:  Since the 2009 lows, you will see that we have moved up what counts as five complete Elliott Waves.  If you don’t understand what Elliott waves are, you need to read R.N. Elliott’s  Elliott Wave Principle: Key to Market Behavior.

If that turns your crank, don’t miss this (almost $100) nail-biter: Harmonic Elliott Wave: The Case for Modification of R. N. Elliott’s Impulsive Wave Structure.  (After doing so, you’ll understand why I don’t get invited to parties.  But, if you make enough money, who cares, right?)  By the way, only $48 for Kindle which is cheaper than building more bookshelves as we figure it.

Back to point, we like playing the short side of markets especially toward the end of May (“sell in May and go away” didn’t become an old saying for nuthin!) and when the macro long-term, standing-across-the-room squinting version of the charts looks like collapse is at hand.

Here’s another thing to consider:  We have what,7.6 BILLION people in the world?  If you live in Seattle (*inside the city limits) there are 764,000 people, plus or minus Andy the big-rig hauler’s position).

Wrap your head around this number:  Global population is now 9.937 Seattles in size!

We are screwed when comes to growth.  In order for the global pop  to hold-together, we need to find some way to keep 7.6 billion people BUSY.

On the hard goods side, we have run into the wall.  How many cars can one person use?  Now, the big push is to automate cars  so car companies can charge even MORE for them, even though the same basic functionality (get me from here to thar) hasn’t changed.

Right now, high-end pick up trucks of the Big Three are touching $85,000.  Bet your ass that with self-driving, they will top $100,000.

This is why Uber and Lyft are important:  They are preparing for the world of the unaffordable car.  If you provide the service — without the monthly bill – that would be the best of all worlds, right?

Except, the way business models work, other industries blow up.  For example, the big car insurance companies…they are sending out reminders to insurance holders like me that they won’t cover any rides (paid for by others) in our 12-year old Lexus.  There goes another career choice, right?

We could go through the whole, circular, dragon swallows its tail problem until the cows come home.  Or, as you’ll read in Coping this morning, till the Chickens Come Home.

Are there fundamental “war on the horizon issues?”  Mean like South China Sea naval standoffs?  Russian fleet activity around the EU picking up?  (Maybe Putin doesn’t like the EU cookie policy, who knows?)

And what about Ebola?  Not to sound conspiratorial and all, but did you catch where Ebola Vaccinations Begin in Congo Town of Bikoro Where Outbreak Was First Declared?

I’m telling you, and quite seriously so, if militants of one stripe, or another, start handing out free airline tickets, the global population could collapse in no time.

But, enough of such pessimism.  The Dow futures are down.  Ure is jumping for joy with all the grace of an overweight polar bear. Like the kids say, though, it is what it is.

Sorry about accidentally revealing one of my market positions last week – didn’t mean to do that.  Said I was going short.  Accident, sorry.  Today that MAY change, but we don’t give advice.  We just love the casino-at-home (trading platform) life.

Why, any minute, Elaine will be through the office in a tutu “Drinks, free drinks?”

When the market closes today, I’m likely to take her up on it.  Seems the thing to do when a decent bet has gone Ure way.

Speaking of Games & Gamers

Note for gamers from contributor warhammer:

This linked article brought to mind the 1980s gamer movie, “The Last Starfighter,” in which a video gamer gets plucked from Earth to fight a galactic war after he aces a rather complex video game.

(Link to article on .mil plans to recruit gamers)

Tech skills are so critical in the services these days that online recruiting seems like a brilliant idea.  Pilots are certainly no exception, although there’ s a huge difference playing a game on a stationary screen (or with VR goggles on the couch) than being strapped into a rocket and pulling 7 Gs upside down.  Also, there are some who might (legitimately) consider this selection approach akin to ‘cyber-stalking,’ with parents out of the loop until the military tracks down the game via their IP address and sends them a message.  I imagine this will eventually be something for the courts to decide.

I’m wondering how many over-30 types will screw with the system, confounding the recruiters in the process.  One must be no older than 28.5 years of age when they meet a pilot training selection board.  In times of war, this criteria would likely expand a bit.

So brush up on your video gamer skills.  You might find an Air Force recruiter knocking on the door to your shop one day soon.  Since you are already a licensed pilot, maybe they’ll let you fly drones from your shop?”

Only – if at age 69 – they will let me in.

I figure if they do have an interest, the country will be in a horrible war that’s not going well.  I’d be the last possible used pilot on the market, if I were running HR..

Dear EU Clown Posse

When you visited Urban this morning, you should have seen this note about our use of cookies.  This is a new way the colonialist Europeans are waging a Legal War with the World.

They are requiring (*under threat of blocking) that websites visible in the EU must give users the option of opting out of cookies in their travels.

As I wrote in the Website Progress piece this morning, this is one of the most wrong-headed things EVER.  The globalists already have MOUNTAINS of detailed data on EVERYONE and that goes for governments, as well.  What the hell do the EU clowns think we’ve been doing with the NSA castle (surrounded by a moat) up in Provo, Utah?  We have likely been building a file on EVERYONE IN THE WORLD because information is power and government wield lots of what?

GDPR (WETFTM – what ever the…well, figure it out) aside, here’s further evidence of mental breakdowns in governance:

EU Proposes to Ban on Plastic Straws, Stirs, and Cotton Buds.

Meantime, the EU – still busy trying to perfect the art of the free lunch – pretends to matter when comes to trade. See EU trade chief to meet U.S. peers Ross, Lighthizer in Paris on Wednesday for details.

In the background, U.S. and EU again at odds over Airbus subsidies at WTO and Trump’s trying not to get us hosed while the bashers bash-on.

And what would what conservatives call the Clinton News Network say?  Check Chelsea Clinton is exactly right about Trump.

Not that is changes his Trumpjectory: President Trump to Meet With Shinzo Abe Ahead of ‘Expected’ North Korea Summit.

Near as we can figure it, just another bad day in the Swamp with NorK talks on again, off again, on again, but who knows?

Things Go Better with Booze?

Sayeth the Wall Street Urinal Journal this morning: “Cheers! Coca-Cola Launches Its First Alcoholic Drink.”

Would have been more interesting to put the coke back in Coke, but no one listens to our marketing advice, anymore.

Speaking of Marketing

On YT this morning we see to where “Prince Harry, Meghan Markle rumoured to honeymoon in Alberta.”

Royal pain in the news, as we see it.  We’d like to see any Canadians kneeling deported to England….

Peoplenomics tomorrow – more here on the free side Thursday.

16 thoughts on “Market Dumps, Ure Jumps”

      • I also was unable to view the charts until I was about to send a comment about it (I was about to send it when I though “let me verify one more time”). I can now see them. Coinkidink? I think not…

      • Same thing with the chart page on my phone. No chart, pressed “leave a comment”, and the charts appeared. Computer magic!

  1. Morning George,


    Usually read your column on iPhone or iPad. This morning’s columns not showing up on iPad. iPhone shows them but the chart not visible.

    Still like the new format.

    • The chart is down at the bottom now in the black footer area. Also on the menu, click charts

  2. I am not seeing charts on my IPad. There are blank gaps.. in your column where I think your charts should be.

  3. The. Dot Between the two nines should be a comma otherwise mathematically it doesn’t work out

  4. Sincere greetings from a “settler” upon First Nations Treaty land… ;)

    The proposed honeymoon visit by Their Royal Highnesses, The Duke and Duchess of Sussex, to Alberta following in the footsteps of The Cambridges really does stand to reason in a way. As you may have heard, the remote mountain resort does not permit updating of primitive plumbing facilities for minion use because of the site’s National Historical Status. Now, recall the self-contained biffy replete with all modern conveniences was airlifted in and out specially for the last Royal Visit. The throne room was apparently fit for a Queen or King. I daresay some heavy lift chopper capacity would be useful for the transfer and economic reuse of existing infrastructure. Perhaps US Air Force assets would be available for the Allied cause?

    • Sorry, my northerly pal. I think if the hindasses need a resource for moving the royal poop throne, they should look to one of their other colonies. I fear we resigned that commission circa 1776, although it may not have registered fully with the uppity of Ure up, yet. Sincerely, blah, blah.
      (this would have been coarser if I could have gotten Roseanne to write it, lol)

      • Funny, pardon the pun, that you should mention Roseanne…

        Perhaps all is not as projected in the abrupt Roseanne dismissal for a racist tweet. Her grandchild on the show’s season 10 was BIRACIAL! But hey, one imagines the meathead brigade wants to stifle that line of discussion.

        Deep breath….well, now that the tenth and final episode of the season aired last week, can we put out a little cheese platter for the advertisers’ confab eyeballing viewership numbers in the 18 to 49 demographic? Wow, the figure drops every week, and is off almost 50% from episode 1 to 10 according to Wikipedia. Let’s ask shareholders if the executive who renewed Roseanne for season 11 only 3 days following season 10 episode 1’s broadcast made the best decision? “Tweet, Tweet!” says Roadrunner to Coyote?

        Frankly I’d only just gotten over Miley Cyrus and Harvey Weinstein having been in the past employ of the magic kingdom wizards.

        Now, Ms. Barr?


  5. Note to people who operate in the real world:

    I always get a good chuckle from the Warhammers and the War College types who operate on theory.

    I’ve just spent the morning looking for two landing gear limit switches for a 60 year old jet that is the cornerstone of the US Air Force’s tactical doctrine. You see, those Star Wars’ fighters everybody wants to fly can’t fly without gas.

    Countermeasures… surely you jest.

    The KC-46 was supposed to be making its way into the fleet 20 years ago and then again this year. That’s an interesting story they don’t cover in War College. Alas, the best-laid plans of mice and men…

    The Air Force doesn’t fly jets anymore; they fly simulators… They can’t afford the gas or the parts. That’s the reality.

    Russia, China Would Destroy U.S. Command Aircraft on ‘Day 1’ of War, Air Force Warns

  6. Maybe it is a mobile OS thing because I am now on my Mac desktop and I just noticed there are ads as well. The ads do not appear on my iPhone or iPad.

  7. No global aggregate chart on my iPhone X. Leave a comment and now shows chart but also changed my font size larger.

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