I mentioned to Peoplenomics.com subscribers this weekend that I had gotten back on the long side of the market again after my short-side play didn’t work out. After all, I’ve been calling for an all-time-high next week for, um, a year, or so.
Those playing the game of “See Market’s Kill George” (home edition) will remember I put on a good-sized short (about $30K worth) expecting the markets to go down from more than a week ago. When that position hit my self-imposed loss-limit, I bailed, only to see the position I sold print money hand-over fist 36-hours later when things worked out exactly as predicted. Repeat after me: Sierra, Hotel, India, Tango. Even Zeus the Cat was asking “Where’s Genius actual?”
Not to be fooled again, I went long (at Friday’s lows) expecting we would at least see a bounce if not new all-time highs this week into next according to Ure’s Crackpot Theory of Markets. We put lipstick on this and refer to the Aggregate Market Theory. What keeps it from being genuine “crackpot material” is we have subscribers who have made boatloads of money (six figures) using some of our concepts.
(Continues below)
Which brings us to the pre-open action in markets today: As I begin writing, it looks like the Dow will pop almost a hundred points at the open.
As “warm and fuzzy” as that might seem, t’ain’t nuthin’ (sic) compared with Ure-Up…er…Europe where stocks are generally up a full percentage point, or better.
Elsewhere, Asia was mixed. Japan was down almost a full percentage point while the Hang Seng was up one and a third percent.
There are likely two factors driving all this: First is the North Koreans have maybe heard the Chinese messaging that if NK goes first, don’t look for Beijing to stand in the way of pay-back. We all know payback’s a bitch if Uncle gets pissed…
The second factor? Well, it could be the events in Charlottesville, NC this weekend where the police sat on their thumbs and waited until the public order was gone before entering the fray. During which, a loner from Ohio drove his car into the crowd, killing one and injuring almost two dozen.
In terms of the global market, this is a ho-hum event, except to the extent that it justifies the Rest of World (RoW) pointing in America’s direction and saying “See them? They’re all crazy!”
Not that they’d be wrong. certainly.
Conspiracy theorists (who us?) would point to Charlottesville as looking like a set-up to ensnare the alt-right in their own tendencies. The passive cops defense is they were “showing restraint.” Apologists aside, I haven’t seen anywhere in civil disorder laws that seeing crimes committed yet taking no action is codified. Maybe our high-end Century City legal-beagle/reader could straighten out my thinking.
Meanwhile, a media madness has descended like a cloud on the country with headlines swirling around Charlottesville whipping up the GAP (gullible American population)…
Charlottesville: Who is suspect James Alex Fields Jr?
Former Teacher of Suspect Who Plowed His Car Into Protesters Says He Idolized Hitler, Nazism.
Charlottesville: White House defends Trump response.
To be sure, America is crazy. No argument on that point.
But we are led around by the media and that doesn’t help. When BLM goes off demonstrating and gathering, it is NOT portrayed as “black supremacists” or “black nationalists.” Instead it’s presented as a ‘civil rights’ movement.
What most of today’s young seem unable to grasp is that being white, male, and over 50 just about ensures no job opportunities. In much the same fashion as being black, under 21, and a high school dropout does the same thing. They should logically all be on the same side.
But that’s before the Dividers and Marketers show up.
I think people forget events like Ferguson (and Baltimore) and even the WTO riots in Seattle some years back. This weekend in Charlottesville, we didn’t see buildings on fire, but we did see egregious behavior on the part of just about everyone. If you’d put on my “divisional marketers and lusters after power” glasses, for a moment, you’d see it.
Damn shame America can’t find the “same page” to be on. But then again, mainstream media would have it no other way. For without terrible human behavior and polarization (from divisive marketing), they’d all have to shut their doors and turn off the presses.
There’s just not enough “accidents” and “acts of God” to support how many channels, is it?
So we “make up issues.” I think we’re up to 13-genders now, 30 racial protected classes, old-against-the-young and everyone loves the phrases “hate speech” and “social just-us!” Neatly embedded by repetitious media with an audience monetization agenda.
We look at this is another wedge between the Divided States of America and we fault the mainstream media for pouring gasoline on the fires of hate and for unevenly applying labels that in the end serve to deceive rather than unify us as brothers and sisters, one Nation under God, and all those trite, no longer politically-unacceptable stuff that kept us a unified country up until just recently.
While many in the press will join in the “hate choir,” in a land of “free speech” we have a long and sad history of crazies doing harm. It’s all part of a sick path that led from the Texas Tower to John Lennon, to…well, you know the list.
What the choir leaders overlook is we have seen violence on environmental and other grounds as well.
Crazy is the problem, not free speech that some don’t agree with. Violence against one-another, is the problem, too.
We will skip the “preachy stuff” and “guilt-peddling” already ramping up. That’s what the MSM is for, not an unbiased discussion about the similar experiences of aging whites and young minorities. Where’s the monetization opportunity in that?
Our continuing best advice is “Don’t join anything or any “cause.” Take out the power, money, and egoistic “urge to lead” and get back to me.
No Korean War – Yet
I mentioned (*maybe it was to subscribers) that there won’t be an attack on North Korea just yet. Most of their military are out working the fields because with the sanctions of the West, the country is in starvation and famine mode.
When the conflict comes, expect it in the late fall to early spring – while the crops don’t need working and the ground being frozen provides much better footing for mechanized infantry units.
Headlines supporting this view include, but are not limited to:
Futures higher as North Korea tensions ease slightly.
North Korea crisis: South’s leader in plea to avoid war.
NUCLEAR THREAT South Korea: Pyongyang needs work on re-entry.
And you’ll love the theater of madness here: ‘Please Don’t Nuke Us, North Korea.’ John Oliver Gets Weird Al to Serenade Kim Jong In.
Despite the events of the weekend, we expect all-time-highs to arrive about when Options Expiration shows up Friday.
And in Other News:
Keep an eye on the media adoration of VP Mike Pence who is down in South America “showing the flag” a bit. The Washington Post story here is a good starting point.
Our expectation (right or wrong) is that with the Mueller Fishing Expedition setting up deer stands, the Northeast Media will fall in love with the vice president since, if Trump goes, he’ll become the new el Jefe/HMFIC. And that’s something they’ll fawn all over because Mike Pence doesn’t build real estate or think like a developer who is suspicious of online retailers (that own newspapers, lol) that are killing the retail mall business model.
Time’s Up
So it’s time we reveal Time’s time story of the week: London’s Big Ben Is About to Shut Down for Years.
And so a break in the world’s longest running IRL version of The Gong Show.
Looking Ahead
Retail sales and the Empire State Manufacturing date from the NY Fed tomorrow.
As we got to bits, the Dow futures have just climbed past the +100 mark so I’m going to go slip into my Scrooge McDuck suit now and have another cup.
America’s still crazy, but the markets are still open. That alone, oughta tell you something.
George,
You lost me on your premise that we wouldn’t attack an enemy because they are busy working their harvests. Back in ’52 at the height of the [first] Korean Conflict, the U.S. deliberately carpet-bombed non-military targets with a focus on farms -even specifically destroying five reservoirs to flood thousands of acres of rice paddies… economic sanctions at their very worst. So, it’s not like we cared much back then… naturally, that was after a few years of carnage that was starting to seriously take it’s toll on our own forces. But, today that same enemy is even more dangerous and yet we are more compassionate toward them? I don’t grasp that logic.
On an unrelated sidenote: why do we historically recall our Ambassadors just before the real shooting starts? Isn’t it their JOB to stay put and represent our nation even in time of armed conflict? Otherwise, how are negotiations even supposed to occur? Their presence in the line of fire should be akin to a Captain going down with his ship… in this case, the Ship of State.
Ambassadorships come with many perks beyond limos, a fully-staffed mansion, broad access to foreign leaders and a hefty salary [which should amount to “hazard pay”]. Most importantly, it also includes Diplomatic Immunity which is supposed to grant them protection so that they CAN negotiate all possible avenues toward a peaceful solution. And traditionally, the ultimate redline was when one of our Embassies was attacked, resulting in an immediate declaration of war. Yet: when the chips are seriously down we pull our key players like they’re losers at a sour Poker table.
I’m reminded of a chilling climactic scene from the classic doomsday thriller, FAIL SAFE where the POTUS keeps the U.S. Ambassador to Moscow on the phone until the line whines then goes dead as M.A.D. occurs, thus ending the conflict. Of course, movies are just make-believe.
It takes a very brave man to stay at his post when facing certain sacrifice… our soldiers have done it time and time again in pitched battle, but [with Benghazi a notable exception] the same standard doesn’t seem to apply to our Diplomatic Corps. I wasn’t aware that they took a different oath than our men and women in uniform.
Actually, your premise is wrong. I didn’t say WE wouldn’t attack – THEY will not and will act like spoiled kids but not too menacing until they are ready to rock and roll to the south
Russia has recalled their ambassadors from North Korea and they all flew out yesterday that’s an indication that the conflict is about to start
Gregory, we recall the ambassadors so we can get ready to bomb.
George-
Sorry[!] I misunderstood, but it was your phrasing that threw me off: you wrote ‘…there won’t be an attack ON North Korea…’ – now, if you had written “from” I would’ve gotten your drift.
BTW: please ignore my harsh commentary re: our Diplomatic Corps. They do a good job behind the scenes.
George,
Did you see this story over the weekend about EMP
satellites of North Korea?
(http://www.breitbart.com/jerusalem/2017/08/13/exclusive-congressional-expert-north-korea-satellites-orbiting-u-s-could-be-used-for-surprise-emp-attack/)
Been there too long – before they had the lift or the nuke tech – but nice doom porn
I am not so sure………..Launch date was: February 7, 2016
You can track it live (cut and Paste) at:
http://www.n2yo.com/passes/?s=41332
KMS-4
NORAD ID: 41332
Int’l Code: 2016-009A
Perigee: 463.3 km
Apogee: 498.1 km
Inclination: 97.5 °
Period: 94.1 minutes
Semi major axis: 6851 km
RCS: Unknown
Launch date: February 7, 2016
Source: North Korea (NKOR)
Launch site: Yunsong, DPRK (YUN)
I’m not so sure!
Launch date: February 7, 2016
Track at:
http://www.n2yo.com/passes/?s=41332
NORAD ID: 41332
Int’l Code: 2016-009A
Perigee: 463.3 km
Apogee: 498.1 km
Inclination: 97.5 °
Period: 94.1 minutes
Semi major axis: 6851 km
RCS: Unknown
Launch date: February 7, 2016
Source: North Korea (NKOR)
Launch site: Yunsong, DPRK (YUN)
I see it as you; blacks get to riot, whites get the riot act thrown at them. Blacks get to matter, whites get to be called NAZI’s and Nationalists (you can’t make this S-H-I-T up). Lefties get to be violent and throw sucker punches and spray mace, righties can’t pull a punch. A citizen is a racist, an illegal is a freedom fighter. Hillaries emails and server go up in disappearing smoke, Trump’s Russian connections are smoke and mirrors. All over the developed world, the media is using this event to demonize Trump and white people.
You need to take Jon out back.
Look at all the evil white people did. If it was not for white people we’d be all living peacefully in huts with 10 children at our beck & call. Let peace ring in–show your other cheek. ;-)
Hey Jon, defend this: Silicon Valley has it’s own version of racism:
https://www.fastcompany.com/3066914/google-and-tech-struggle-to-hack-bias-and-diversity
https://www.usatoday.com/story/tech/news/2017/01/04/google-sued-labor-department-over-anti-discrimination-compensation-data/96170296/
http://www.pbs.org/newshour/bb/how-silicon-valley-is-trying-to-fix-its-diversity-problem/
You want to clarify for us, Jon, what your definition of a freedom fighter is?
I’m a little sketched out on how you get to the whites (beating each other up, which is tres stupid) gets a label like Nazi while when communities burn down in places like Ferguson and Baltimore that’s “freedom fighting?” Just trying to understand.
In ure’s world everyone’s equal both in terms of rights (and speech) but any group that goes violent or denies the rights of others crosses the criminality line…
And can you PLEASE explain where the laws are permitting a group of cops to just sit and watch the public peace being destroyed?
Unfortunately Jon, you showed your true colors once again. First hate is hste. You can colorize it to satisfy your own agenda but it’s hate. It appears you have a lot of that pinned up in you. Second, supremacy of any group over another intolerable for a civilized society. Finally, there were multiple hate groups this weekend with multiple agendas. To call all sides and groups out for their hate was and is appropriate. Trump “haters” wanted to put words in his mouths. But hate is hate and he called it out, just like I’m called g you out!!!!
To Jon: 1955, before ‘Civil Rights,’ I had very good black friends! In their private conversations with me they ALL confessed to me that given a change they would wipe out ALL white people on earth (except I, of course, because we were indeed good friends). I never held it against any one of them, because I understood their points of view from their perspective. However, since I assume you’re white, you do have a ‘silent death wish’ that may happen if you continue your ideology. I suggest you move to Europe where the “death wish of the white race” is so much more advanced. No need to reply.
IMHO:
Not get you. Stop using this nonsense as an excuse for dumb actions, and an excuse for not trying your best.
1. It not a race issue. No one gets to riot. No one gets to break the law. If convicted, they all go to jail–black or white, libtard or conservative.
2. Who told you it’s ‘ONLY black lives matter?’ Rather it’s “black lives matter TOO.” If some guy wanted to cure diabetes, would you say he was thusly against a cure for polio?
3. Citizens are not ipso facto racists. But Nazi’s are Nazi’s. David Duke is David Duke.
4. Emails v. Russian participation. See # 1 above.
5. You must watch some skewed media, certainly not CNN. (Stop listening to Fox. They push this outrage stuff, because anger sells almost as good as porn!)
Why look for excuses to fail, to become angry? Just go out and try your best. Mike.
You aren’t biased!!
What part of my point that ‘PEOPLE ARE ALL CRAZY AND UNTRUSTWORTHY IN GROUPS WITH CAUSES’ didn’y you grok? ALL OF IT by the sound of it.
IMO the social turmoil promoted by the presstitutes is the major factor used by the overlords to keep the populace distracted from how the overlords are the true enemy of us all. They want to avoid the “pitchforks, torches and guillotines” once used on their brethren by any means necessary. Too bad the public still falls for these distractions.
god you are so right on.. keep an eye on the right hand so you don’t see what the left hand is doing..
Jon, you’re an idiot. If you would have done some digging (like I did this weekend) you would find that the “White Nationalist” pulled a permit to protest to be legal. The antifa or blm did not pull a permit, which, say it with me, is illegal.
The “White Nationalist” were getting the crap beat out of them before they even got to the park by your friends the antifa and blm, while the cops stood down. How in the HELL do you say that these people were inciting violence when they couldn’t even get to the place where they were going to protest?
Also, I’m not going to look it back up but you need to see the real video of what happened to the kid in the car (the MSM won’t be showing it). While he was trying to drive real slow through the crowd, antifa and blm started bashing his car, the kid panicked and hit the gas. When he smashed into the car in front of him, his car was engulfed with antifa and blm to which they started smashing his car, which is when he put it in reverse and got the Hell out of there.
Would you have done anything differently? I’m pretty sure I would have done the same thing if I was in fear of my life.
Jon boy, do some research before you start spouting out garbage.
Tonez, honesty and common sense, never expect jon the con to get it, he won’t. He’s so brainwashed he can’t type ‘alternative media’, he only dwells in alternative bubble of his own and the MSM’s creation.
I begin and end with the right of southern states or cities to honor their war dead from any war with a statue in the park if the local citizenry want to do it. Its not racist. General Lee was a great general and leader of men, end of story. I am Yankee born but this thing of robbing the south of their history is wrong. There were heroes on both sides of WW 1 and WW 2, Viet Nam, Korea, Iraq, and the Crusades 1-4 etc etc etc, both sides honor their dead and their heroes.
“No Korean War – Yet”
My daughter was all worried about NK.. I told her.. he is just scared he knows that they have discovered a commodity in his country and all the puppet masters want control of it and looking at everything else going on in the world knows they will do absolutely anything to get control over it.. when the puppet masters should just be supporting rhubarb farms instead. And even though NK is a small country China won’t let anything happen at all in my opinion. heck that would be like someone dropping a nuke on canada.. we would be all over that like flies on well you know..
and of course I think china wouldn’t mind having control over that commodity either we pull a hand and china walks in and takes control.
the sword rattling..
she commented on how much stronger we were.. yes but it wasn’t that long ago that we were there fighting and we didn’t win then it was a draw.. starving yes.. but willing to sacrifice every single one of them to save face. Just like the puppet masters are willing to sacrifice all american citizens to get what they want.. one push of the button and the precious commodity doesn’t mean a thing.. So I seriously doubt that anything will come of it except continued sword rattling.. Trump isn’t a dummy.. he lost everything and built everything from scratch.. it took brains ..
Two words for the BS that went on in Charlottesville with the maniac running down a crowd…… Reginald Denny.
Interesting you would cal out the mainstream media in this piece George. I just cane from Zweo Hedge where I posted this comment:
“I lay the blame straight at the feet of the mainstream media. It’s no longer journalism, that noble calling dedicated to the truth. Calling to account those that would corrupt the ethics of our culture. That great profession that used to be the watch dog of this nation has sold itself to the highest bidder. They have compromised themselves in the loins of the monetary whore.”
OOPS! Got to remember to check my spelling on your website since there is no edit option here. Sheesh George ain’t you got a better commenting app for us here. I like Disqus.
See ya, wouldn’t wanna be ya!
Wow. Lot of comments here. More than I have seen.
1. George, I think a SDS (for example) hedge is fine. I made a similar investment the day before Trump’s election. By itself, it’s been loser, but it’s served as portfolio stabilizer. The market may keep up at this pace, but I doubt it. In the fall, cash and shorts will be rewarded. It’s a guess.
2. Sorry about your real estate situation. Find a small community in which to live, other than Charlottesville, where I lived once. My first job was as an orderly at the UVA Hospital. Ultimately, we are not islands. We need each other. Neighbors helping neighbors. We don’t need meaningless conflict. We need to work together. Help each other. Not talking socialism. Something far more basic and humane. I think you would agree.
3. On crazy. Last night I gave a presentation on Hope Family Village. Tongue and cheek, you could say it is a community for crazy people, families and their loved ones living with a mental illness. It was said of my speech. “And, they (outside world) think we’re crazy.” Amen. We take care of each other, because no one asked for this disease. The talent in that room, the kindness in that room was daunting.
4. I like your writing because you think. It’s rare in this world. Common sense, critical thought, self-reflection … all rare. There’s nothing you can do, other than continue.
5. I have not listened to TV news and read the papers in a long time. I read articles, listen to people who I can learn from. it’s a lot of work finding them. There is no time for “porno”. That’s all it is.
I just don’t see the point in hate.
That’s the same generation you can’t stand to sit at the table and eat with isn’t it LJ?
You’ve left this comment section before and here you are back again. I think you just like the feeling you get when the door hits you in the butt.
Jon, I will engage you.
Do you want me to confirm your conclusions? Conform to your conclusions? Conform to your confusions? Comfort your confessions? Or confront your obsessions?
you’re asking for validation of your observations. You’re asking me to judge you, because you value the investment you’ve made in developing your views. You identify with them. And when I declare them invalid, you take it personally.
You are not your opinions. Your validity isn’t conditioned on theirs. And their validity is suspect when you take offense to having them questioned.
Your desire to massage yourself in a debate of intellectual egotism is amazing! Then you act like a child a child who throws it’s sucker in the dirt and walks away?
Argue for your limitations and they will be Ures. We hear/here will not fight you for your limitations. Only speak for your betterment that you move passed them.
This world is NOT ruled by symbols. It’s ruled by BELIEF in them.
When illusions vanish, what remains is what was hidden by them.
The Truth is beyond being symbolized.
i do apprecaite your words and the time you took to write them.. however, i will not argue for with you for your limitations but only apeal that you move past them.
Not all mental activity is thought. Some of our conversations would likely promote reflex instead.
Where there is light, not all eyes will open. Nor will some minds open to thought which isn’t their own.
Those who thirst will find someone to draw water for them. But some will merely use it to rinse their mouths out, and spit it back out.
however, i do not think you are as one of theose who uses scope. (pun, for a scope sees closely, but it gives one tunnel vision.)
Take care!
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The bitcoin rally is crazy! Doesn’t make sense at all.