11 July 2023

Stocks and Precious Metals Charts - De Signification Métaphorique

 

"He has shown us what is good. The Lord asks that we do what is right, love with kindness and mercy, and walk humbly with our God."

Micah 6:8


"From top to bottom of the ladder, greed is aroused without knowing where to find a comfortable foothold. Nothing can calm it, since its goal is far beyond all it can attain. Reality seems valueless by comparison with the dreams of fevered imaginations; reality is therefore abandoned."

Emile Durkheim


"What is offensive is that they lie, and worship their own lying."

Fyodor Dostoevsky, Crime and Punishment


”Quand on enferme la vérité sous terre, elle s'y amasse, elle y prend une force telle d'explosion, que, le jour où elle éclate, elle fait tout sauter avec elle.”

When the truth is buried under the ground, it grows there, and gathers to itself such an explosive force that, the day it bursts, it blows up everything with it.

Émile François Zola


Stocks were languishing most of the day, but managed to turn around and rally into the close.

The markets were cheered by Microsoft's green light to acquire Activision.

The Dollar continued to slump.

Gold moved higher, but silver was not able to turn around with equities and slumped into the close.

Consumer inflation data on deck for tomorrow morning.

Politics in America has become almost senseless in a cacophony of shameless, partisan lies. 

It is driven by greed, a cynical lust for power, and is becoming infectious.

Lying is rising to the level of art form amongst the elite and their blindly stumbling, mumbling true believers.

And this is how the Republic is drawn down a dark alley, and strangled by its shepherds.

Have a pleasant evening.



10 July 2023

Stocks and Precious Metals Charts - Your House Is Made Desolate

 

"Sin has many tools, but a lie is the handle which fits them all."

Edmund Burke

"You who make wicked judgements, who write oppressive laws to deprive the needy of justice, and to rob the poor of their rights, that widows may be your victims, and that you may make the orphans your prey— what will you do on the day of reckoning, when the consequences come from afar?  To whom will you run for protection, and where will you hide your riches?"

Isaiah 10:1-3

"They will be unloving and unforgiving; they will slander others and have no self-control. They will be cruel and hate what is good. They will betray their friends, be reckless, be puffed up with pride, and love pleasure rather than God. They will act religious, but they will refuse the grace that could make them righteous."

2 Timothy 3:3-5

"The market ideology is now the new form of imperial power and many of us, without any critical reflection, have signed onto that and organized our lives."

Walter Brueggemann, Truth Speaks to Power

"No one can serve two masters, for he will hate the one and love the other, or he will be devoted to the one, and be neglectful of the other. You cannot serve both God and mammon.' The Pharisees, who were money loving and covetous, heard all these things and sneered at him. And Jesus said, 'You justify yourselves in the sight of others, but God knows your hearts.'"

Luke 16:13-14

Stocks did a churn and burn today, rotating around the opening and finished with little change.

The Dollar continued to slide.

VIX rose.

Gold and silver did an intraday wash and rinse.

Earnings season is coming.

A rebalancing of the Nasdaq 100 will occur around the 21st-24th.

Have a pleasant evening.



08 July 2023

Mes Amis du Café - Today, if you hear His voice, harden not your hearts.

 

"What we give to the poor, for Christ's sake, is what we carry with us when we die."

Peter Maurin

Need little, want less, love more.  For those who abide in love abide in God, and God in them.

"What we would like to do is change the world — make it a little simpler for people to feed, clothe, and shelter themselves as God intended them to do.  We can throw our pebble in the pond and be confident that its ever widening circle will reach around the world."

Dorothy Day

“People are often unreasonable and self-centered.  Forgive them anyway.
    If you are kind, people may accuse you of ulterior motives.   Be kind anyway.
If you are honest, people may cheat you.   Be honest anyway.
    If you find happiness, people may be jealous.  Be happy anyway.
The good you do today may be forgotten tomorrow.  Do good anyway.
    Give the world the best you have and it may never be enough.  Give your best anyway.
For you see, in the end, it is between you and God.
    It was never between you and them anyway.”

Mother Teresa

"De loin en loin, elle vient jeter dans l’âme du profond artiste un peu de sa paix, de sa grandeur mystérieuse, puis elle retourne à sa solitude immense, au milieu des rues pleines de peuple.

Il n’y a qu’une tristesse, lui a-t-elle dit, la dernière fois, c’est de n’être pas de saints."

Léon Bloy, La femme pauvre

07 July 2023

Stocks and Precious Metals Charts - Des Petits de Dieu

 

"Wonderful providence indeed which is so silent, yet so efficacious, so constant, so unerring.  This is what baffles the power of Satan.   He cannot discern the Hand of God in what goes on; and though he would fain meet it and encounter it, in his mad and blasphemous rebellion against heaven, he cannot find it.

Crafty and penetrating as he is, yet his thousand eyes and his many instruments avail him nothing against the majestic serene silence, the holy imperturbable calm which reigns through the providences of God.  He makes a guess here, or does a bold act there, but all in the dark. 

If even devils, sagacious as they are, spirits by nature and experienced in evil, cannot detect His hand while He works, how can we hope to see it except by that way which the devils cannot take, by loving faith."

John Henry Newman

"The Lord did not come to make a display. He came to heal and to teach suffering humanity. For one who wanted to make a display the thing would have been to appear and dazzle the beholders.

But for Him Who came to heal and to teach, the way was not just to appear here, but to place Himself in the service of those who needed Him, and to be made known to them as they could accept it, not diminishing the value of His Divine presence by overwhelming their capacity to receive it."

Athanasius, On the Incarnation of the Word, 335 AD

“There is not a moment in which God does not present Himself under the cover of some pain to be endured, of some consolation to be enjoyed, or of some duty to be performed.  All that takes place within us, around us, or through us, contains and conceals His divine action.  All souls must admire and respect one another, walking along our path to the same goal, united in purpose and with the help of God's plan which, in its great variety, is in us all.

To escape the pain caused by regret for the past or fear about the future, this is the rule to follow: leave the past to the infinite mercy of God, the future to His good Providence, and give the present wholly to His love by being faithful to His grace.”

Jean-Pierre de Caussade, L'Abandon a la Providence Divine

“Man has places in his heart which do not yet exist— and into them enters suffering, in order that they may have life.”

Léon Bloy

After the shockingly high ADP Jobs Report the official BLS Non-Farm Payrolls report came in shockingly low.

How much of a surprise was this?   Let me subpoena a few VIP trading books please and I will tell you.

Yeah buddy.

The Dollar fell sharply.

Gold and silver staged a small rally higher.

Stocks bounced back from yesterday's lows.

Wash, rinse, repeat.

Have a pleasant weekend.