S&P 500 (^GSPC)

Trump University deposition finally released. Trump University students were tricked into paying a lot of money for no real training, and then coerced into writing positive reviews. This is the scenario Trump wants to avoid after office for all his other crimes. Trump Foundation is already dissolved from fraud. Trump Organization (his hundreds of fake businesses and money laundering operations?). He claims the office of the U.S. Presidency gives him 100% immunity from all crimes, which is why he's been committing and suggesting others commit all sorts of crimes while in office. This is the reason he's using fear mongering tactics (like all dictators in history) and manipulating the very core of the American democratic way (voting) in order to stay in power, simply to avoid jail time.

The truth for Trump (as psychologists have pointed out about Trump due to having traits from all three dark triad traits, below) is whatever he believes at the time his mouth is opening, so there is no absolute truth in Trump's mind. This is why he lies 24/7 depending on who the audience is. This is also why he has no empathy. He's NOT CAPABLE of that human part of us. That's why he doesn't care about the sufferings of other people, including the almost quarter million dead Americans from his massive intentionally mishandling of the coronavirus. That's mass murder. His ex wife, Ivana, said Trump kept a book of Hitler's speeches by his bed and read it from time to time. Hitler liked to boast about his failures (North Africa and Russian fronts) as successes. Trump boasts about his failures as successes after his idol.

1. Narcissism is characterized by grandiosity, pride, egotism, and a lack of empathy.[10]

2. Machiavellianism is characterized by manipulation and exploitation of others, an absence of morality, unemotional callousness, and a higher level of self interest.[11]

3. Psychopathy is characterized by continuous antisocial behavior, impulsivity, selfishness, callous and unemotional traits (CU),[12] and remorselessness.[13]

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The Nasdaq today made a higher low (bullish, essentially forming a double bottom) and is attempting to lead the other indices up. This week is going to make or break everything. If the Nasdaq can breach 11K, the next resistance is right around 11.3K. Being able to sustain above these two levels means the low a few days ago and today would be good entry points back into tech stocks. If so, we should see a significant bounce to the 11.5K+ level.
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I told you guys almost a month ago I was jumping into $SQQQ at $21. I told you guys I swapped back to $TQQQ not long ago. Yesterday I said a double bottom was forming. That meant cover shorts and go long. Reading charts is the best thing you can do to help yourselves. Charts are like GPS traffic maps. In the eyes of someone who's clueless, it's just a bunch of red and green lines, but to the experienced, it tells us a prediction of the future. Obviously news moves the market and charts have to be re-assessed, but real chart readers know exactly what I'm talking about. BOOO FREAKING YEAH!

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Because Trump has all three dark triad traits (list below), he cannot feel empathy and cannot comprehend other people's suffering. That's why he puts people down and doesn't care about the almost quarter million dead Americans.

From the article:

"When highly psychopathic participants imagined pain to themselves, they showed a typical neural response within the brain regions involved in empathy for pain, including the anterior insula, the anterior midcingulate cortex, somatosensory cortex, and the right amygdala. The increase in brain activity in these regions was unusually pronounced, suggesting that psychopathic people are sensitive to the thought of pain.

But when participants imagined pain to others, these regions failed to become active in high psychopaths. Moreover, psychopaths showed an increased response in the ventral striatum, an area known to be involved in pleasure, when imagining others in pain."

I'm betting if Trump's brain was scanned when imagining pain to others, the part that should light up for the rest of normal humans would be completely dark and the pleasure part of the brain will light up like Christmas lights.

1. Narcissism is characterized by grandiosity, pride, egotism, and a lack of empathy.[10]

2. Machiavellianism is characterized by manipulation and exploitation of others, an absence of morality, unemotional callousness, and a higher level of self interest.[11]

3. Psychopathy is characterized by continuous antisocial behavior, impulsivity, selfishness, callous and unemotional traits (CU),[12] and remorselessness.[13]

https://www.sciencedaily.com/releases/2013/09/130924174331.htm

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Bottom is in kids. Falling Wedge pattern complete. And ya'll chart readers know what happens after a Falling Wedge pattern is complete. Non-chart readers, you won't get it.

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Charts showed the market should have bounced today, but it didn't. This could explain why. From the article:

"Options traders also find out if their options expire in or out of the money. On such days, traders with large positions in these contracts may be financially incentivized to try to temporarily push the underlying market in a certain direction to affect the value of their contracts. The expiration forces traders to act by a certain day, causing trading volume in affected markets to rise. "

https://www.thebalance.com/triple-witching-1031135#:~:text=Large%20bets%20have%20been%20placed,on%20the%20direction%20of%20their

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Whether you believe in this bubble of a market or not, one thing the Feds are doing is a risky move: They're going to allow inflation to go above 2% "for some time". If rates stay too low for too long and inflation gets out of control, there's going to be some nasty things to come.

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Trump probably called and yelled at the CDC. The fact the SARS-CoV2 virus spreads via aerosol has been known for months, coming straight from South Korea where they don't lie and hide facts like the Trump Administration. Trump has completely failed and butchered the coronavirus response but goes around claiming he did a tremendous, perfect job. That's like the kid who failed the class with an F but goes around bragging he got an A+. Amazing.

https://www.youtube.com/watch?v=a1wM9skH6fw

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CDC: “This is a real battle. This is one of the most critical, complicated public health crises the country has faced in over a century,”
Trump: "This is a Democratic hoax, that'll go away in April, like magic. It is what it is, the deaths. But the stock market is doing great."

https://finance.yahoo.com/news/the-criticism-is-not-always-benign-cd-cs-redfield-laments-polarization-warns-coronavirus-is-a-war-185805867.html

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Ya'll all loaded up for the next run-up, right? Market is range bound right now. We're at the bottom of the trading range. Yes, there's a probability the support will break and we see massive nasty selling, but there's a better chance it'll bounce back up to the resistance from just days ago. Whatever happens, hope everyone makes some $$$

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Trump has all three traits of something called the "Dark Triad Personality". That is:
1. Narcissism - characterized by grandiosity, pride, egotism, and a lack of empathy.
2. Machiavellianism - characterized by manipulation and exploitation of others, an absence of morality, unemotional callousness, and a higher level of self interest.
3. Psychopathy - characterized by continuous antisocial behavior, impulsivity, selfishness, callous and unemotional traits (CU), and remorselessness.

Trump can't feel or understand other people's sufferings. When he hears of someone's problems, he mimics other human's standard emotional response by pretending to listen, but then quickly diverts the discussion back to how much he's accomplished (which in itself is a lie because he hasn't accomplished much, so he took Obama's Veteran's Choice accomplishment and claimed that as his own, claimed to give Americans support for preexisting conditions but is currently in court trying to abolish that, claims he's done the most for [insert anything here] when he's done nothing). Trump uses everyone for his own benefits and when he's done with you, he'll make sure you pay for your service. Ask Jeff Sessions. This explains his consistent lying, lack of empathy, playing down of almost a quarter million dead Americans as if that's OK.

What's more disturbing isn't that Americans elected someone with the dark triad personality into office. It's that his hardcore base of supporters have some form of it too. That's why they give Trump unwavering support, no matter what Trump does or doesn't do.

In this screenshot, a PhD psychologist describes Trump:

https://photos.app.goo.gl/ghMiP6enzMEgR1TR6

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Up like clockwork. What happens after FOMC is another story.
BobDole 2 days ago
$SPY conversation
Yeah, so basically the market bounced up to the upper trading range of a falling wedge pattern. Generally this formation means we'd see high volatility as it bounces and sells off in this trading range until the market reverses back up once the upper and lower trading ranges converge. But with the FOMC coming up, it's possible we break out back above the upper trading range sooner than later, meaning bullish. I predicted it in my Twitter post last week.

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Yeah, so basically the market bounced up to the upper trading range of a falling wedge pattern. Generally this formation means we'd see high volatility as it bounces and sells off in this trading range until the market reverses back up once the upper and lower trading ranges converge. But with the FOMC coming up, it's possible we break out back above the upper trading range sooner than later, meaning bullish. I predicted it in my Twitter post last week.

https://twitter.com/BobDoleYahoo/status/1304498576546885632

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So sociopathic lying con man Trump said if you take the blue state COVID deaths out, the U.S. would be at a level no other country would be at. I do the math to show Trump is lying like he always does. In fact, the trend doesn't look good for red states.

All numbers as of 9/17/2020

Blue state deaths: 103,905.
Red state deaths: 91,783.

Here's the kicker:

Blue states NEW cases: 11,796.
Red states NEW cases: 32,924.

Blue states NEW deaths: 227.
Red states NEW deaths: 607.

What this means is that the deaths and cases were mostly originally from blue states (i.e. March, April, May of 2020 etc.), sure, but now that Trump and the red states have played down the coronavirus and deaths for months, red state citizens are THREE TIMES as likely to become infected and die as of September, 2020.

All values from: https://www.worldometers.info/coronavirus/country/us/

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The Nasdaq was begging for a major correction. That much I warned you guys a few days ago and jumped back in $SQQQ. The Nasdaq has now done a pretty significant correction, and the S&P has done a correction similar to one months ago. Yesterday's trend was down as you saw lower highs and lower lows being made. Today, after the major selling at opening, it appeared to have recovered and is gradually moving back up. Only time will tell if this is the start of THE selling before wave 2 gets here, or if this is just another breather REQUIRED for a massive bubble to form due to unlimited support from the Feds. There's a good chance we saw the low already and over the long weekend, the market will recover next week as it has during the past few holidays this summer. Good luck gamblers! The bubble WILL burst one of these days. The question of when exactly is the trillion dollar question.

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This psychopathic con man who has no emotional ties to anyone and can't relate to human suffering due to having no human empathy is dead set on starting a civil war just so he can stay in power and avoid jail time. You were warned for months, just like you were warned about this pandemic and the economic collapse we saw.

https://www.cnbc.com/2020/09/23/trump-wont-commit-to-peaceful-transfer-of-power-if-he-loses-the-election.html

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It's amazing how the VIX and the S&P 500 are both up big. The Nasdaq is begging for a correction, and the Russell is weak. I guess that's what happens when the Feds give unlimited support. Next up from the Feds: Buying bankrupt stocks.

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After loading $SQQQ in at $21 and averaging down, I've since sold it all and switched back to $TQQQ and will average down. We may see more selling tomorrow and then recover by Tuesday. The market usually goes up over the long holidays. Unless... this is THE selling that continues through wave 2.... LOL

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It's easy to tell when Trump and Kayleigh McEnany lies: They open their mouth.
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White House: "The President has never lied to the American public on Covid"
Just moments after audio tapes from journalist Bob Woodward's new book were released, White House press secretary Kayleigh McEnany said Trump has "never lied" to Americans about the coronavirus pandemic.

According to the tapes, Trump on March 19 said, "I wanted to always play it down." This came even as he had declared a national emergency over the virus days earlier. "I still like playing it down, because I don't want to create a panic," Trump said on the tapes.

"The President has never lied to the American public on Covid," McEnany said. "The President was expressing calm and his actions reflect that."

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HOLY F. This is exactly what I warned for the past 2+ years, that how Trump conned America should be the story of the century. It took me only a short time observing Trump to understand what type of psychopathic lying con man he is, something that Michael Cohen spent a decade seeing first hand. Everything Michael Cohen said is EXACTLY what I've been saying. Trump is deathly afraid of indictment and jail after office that he'd let almost a quarter million Americans die just so he can continue to downplay the coronavirus and claim he's doing a great job, simply to remain in power. He's willing to incite civil war and let untold millions of Americans die simply to benefit himself. Oh how America hath fallen. All great civilizations eventually fall. History WILL judge us and it history will show the fall of America started with the con of the century, Donald Trump.

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