The MAG Commentary 06/07/2024
Patrick O'Connell
Check out my LinkedIn Newsletter for info on how my digital content sizzles- to include info on my awesome Market Algo NL that forecasts the S&P500 weekly trends!
The MAG Commentary: 06/07/2024
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Market Weekly Forecasts and Geopolitical Commentaries
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Patrick OConnell, editor
I am not an investment advisor
Any financial information is for educational purposes only – NOT investment advice!
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Featured:
Greg Mannarino -MUST -WATCH!!!!!-****** LIVE! Gold and Silver SLAMMED! This Is Whats Next. IMPORTANT UPDATES. Mannarino
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?Bonus: ??Pinned Information ?and Links - FYI:
?peacedozer - A History of Central Banking and the Enslavement of Mankind by Stephen Goodson | peacedozer edition --MUST****WATCH*****
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Chuck Swindoll - Enigma, Nature, and You
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Khazarian Mafia: The God Eaters
Khazarian Mafia: The God Eaters, part 2
Warning to everyone - Do not WATCH THIS IF YOU ARE UNDER 18 YEARS OLD!!! - NSFW!!! - FOR ADULT VIEWERS only -
Lucifer and Luciferians, Masters of Deception by Chuck Swindoll
“The End of Everything,” with Victor Davis Hanson | Uncommon Knowledge
My own Fantasy-Fiction series- written with AI assistance - in the style of Tom Clancy- Read it- if you dare:
Part 4 - Act 1- The Soto Voce Movement - A Clear and Present Danger to the Status Quo?
A City of Contrastsnbsp;- Whipers of Dissent
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What do you want me to cover in my next issue? ?
Let me know - Thank you for your comments!
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?I also publish lots of?my other Reddit stories as well in my Reddit Community!
To get up to the minute geopolitical news from around the world – subscribe to my Reddit Community – “End Ukrainian Genocide” here – Do it today - You can subscribe to it for free, here:
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What do you want me to cover in my next issue?
Let me know - Thank you for your comments!
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Inflation is happening worldwide, especially harming developing nations. You might be worried about your investments, the economy, or even how people cope with inflation.
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Check out where the power outages are currently occurring in the US:
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My?proprietary market algo forecasts the following trends, Risk on, or Risk off, for the upcoming trading week ending on 06/14/2024:
The ?SPY(SPDR, S&P500 ETF), has turned Bullish - rose 6.64 - week - over - week!
Stay tuned to see if the Fed injects even more amounts of $$$ ?into the debt (and equity) markets!
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Remember this - ?The US has officially admitted that the US is in a “Peoples’ Depression”!??Duh!
Go figure!
You and I have known this for months!!!
Be Aware – Be Awesome!
ALSO: Note that as the US economy collapses - the US stock markets periodically go ballistic - to the upsdide!
Shocking? Hardly- seems to be just another indication of the manifestation of stagflation ( I call it a depression) - ??mixed with hyper inflation!
When the markets implode - IMHO - it will be biblical - NOT epic!
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To not miss out on the rapid changes in world geopolitical and in market trends – subscribe today – it's free – to my weekly MAG Newsletter!
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Subscribe today – here:
Or here:
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NOT Investment advice:
For the upcoming trading week, ending on 06/14/2024, my?proprietary algo forecasts the following potential trend for each of the following metrics – either Bullish or Bearish:
VIX index: ?has turned slightly Bullish! ?
VVIX index: - this one turned slightly Bullish!
Remember this - IMHO the markets ARE being manipulated - as in “rigged” -
You DID know that, of course!
What can possibly go wrong?
SPY index: has turned slightly Bullish! ?
BTW - I remain Bullish in the market - for Full DIsclosure!
Swing traders and day traders – Take Note of This!
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West Texas Intermediate – Crude Oil: ?remains slightly Bearish - at least for the week ahead!
This is OLD NEWS:
“... The US Dept of Energy plans to buy 3 million barrels of crude oil – for delivery in March 2024 ?- and IMHO -beyond March….”
Forget the “old news” - The New News is what you need to pay Attention To!
THIS is the NEW NEWS - Pay attention to the new news:
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Well, my dear friends - I have heard that the US will NOT be moving forward with replenishing its Strategic Petroleum Reserves- Because - wait of it -
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They delayed buying ?petroleum while it was relatively cheap.
And NOW- since the price of crude oil is going ever higher- the US Government ALLEGEDLY does not have the $$$ to buy petroleum.
Duh! ???What can possisly go wrong?
With the Strategic Oil Reserve at 43% of capacity- WHY does the planet’s self professed hegemonic nation think ?it can wage a world war on multiple fronts? ?
It won’t end well if it thinks it can go all out into a hot war with Russia, China, Iran, North Korea and others-
JUST my opinion - But what do I know?
?I am but a humble servant of the “System”!
Please let me know your thoughts on this in your comments! - I hate to be the only one that notices that there is a disconnect between what the regime in Washington says - ?and what “the facts on the ground” tell me!
What do YOU think??
--- ?Breaking-- One of the podcasters I follow alleged that the US ?will release another one million barrels from the Strategic Oil Reserve! Stay tuned - as this could get very interesting as time goes on!
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QQQ: ?has turned strongly Bullish - at least for now!
It is now official - NVDA will do a 10:1 split ?in June - ?THAT has got to be a bullish factor underpinning both QQQ and the market!
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Copper: ?remains slightly Bearish!
And of course, the VIX – SPY Correlation Variance” – has turned Bullish for?the trading week ahead!?
You have been warned –
Be VERY careful in placing your bullish bets in the upcoming trading week!
Meaning what? ?IMHO It means you should continue to be VERY cautious in entering any long term bullish position for this week- at least!
We shall see how the upcoming trading week plays out.
NOT investment advice – as I am not an investment advisor!??
Trade at your own risk. ?
Do your own due diligence!
·????* ?Welcome to yet another week in which the Bulls?rule!
·??Please refer to my?“Warning-Warning – Warning” ??information below for more details!
Conservative traders & “Investors” – Please take note of our “Warning – Warning – Warning” information below!
So what? ?
So for the next week – the Bulls rule – once again!
For how long the markets will remain bullish is anyone’s guess – Watch the Fed - Watch the Debt market in Treasuries?- AND the equity markets - ?
THE?Debt Market - primarily - will be the canary in the coal mine – so to speak – as concerns the direction of the equity markets -?IMHO of course – NOT investment advice!
The Takeaway:
Our SPY-VIX Correlation Variation metric - ?– confirms ?- at least from a purely technical point of view (notwithstanding “Fed manipulation” monkey business) – that this coming week’s trend – at least according to this metric - ?is now strongly Bullish!
In my?opinion bank runs are still ongoing- notwithstanding the Fed’s massive printing of fiat money to “stem the run on banks”.
This is – of course - NOT investment advice – but fasten your seat belts - a bumpy ride awaits!
Swing traders and day traders will make money – the traders that are not nimble will be crushed, in my opinion!
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For the past few months, we have been saying that we are entering a global depression, not so much a recession!
PLEASE let me know your thoughts on this ?- Patrick
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Keep in mind, Volatility is still very much with us!
Indeed, IMHO - The Bear Market is still very much still with us, as well – BUT ?- when they occur - bullish movements can last form weeks to months in the “typical” Bear market!
Maintain “situational awareness” in the markets you trade!
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Please note:
Concerning my?
“VIX - ?SPY correlation-variance?” metric: ?
IF the VIX is trending DOWN. And the SPY is trending UP, ?for the most recent week of trading…then and only then will our ?VIX, SPY correlation-variance algo indicate a potential Risk-on, (Bullish) trend,for the upcoming week,…
This indication of a potential Bullish trend, however, currently typically happens ?- when the Fed is inclined?to support the market in this “selection year” - on a more or less frequent basis!?
Be VERY sensitive to when the rug pull comes! ?
If you follow Greg Mannarino’s podcasts- he will give you a sense of when to potentially ?get out of the market.
Currently he is long the markets AND – he is buying the dips!
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·????* ?Warning – Warning – Warning:
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Dateline: 12/15/2023 - Since the Fed has implied they will not cut rates further, the public has initially responded with a mindless rush into equities - AND – as Greg Mannarino points out for the week of 12/18/2023 – this rush into equities may be the harbinger of UNIMAGINABLE bullish sentiment for ALL assets – equities- commodities – gold- BTC – you name it! ?
It will be “Argentina” writ large when the rug pull comes for the US economy.
In mid-December 2023 - Argentina devalued its currency by 54%. ?
They say they may dollarize their currency as well! ?
What can possibly go wrong?
How would YOU feel – if you woke up one day and found your fiat currency devalued by 50% or more overnight?
It can’t possibly end well for the working classes. ?
Some say there is no longer a middle class in Argentina. ?
Can that scenario come to the US someday as well?
You have been warned!
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Dateline - 04/20/2024 - This past week one of my favorie podcasters alleged that Argentina withdrew its application to be a BRICS member nation. ?Also ALLEGEDLY - the CIA is now in Argentina working with the Arentine government to do “stuff” - You can guess what the “stuff” might be! ?Anyway- long story short- Argentina allegedly wants to play with the big dogs in Ukraine - by contributing some kind of military support to the Ukrainian regime. ?IMHO - that won’t end well. But nobody listens to me ?- so what do I know?
Your thoughts are welcome - as always!
NOTE:
IMHO – it bears repeating – yet again –
Regardless of whether we are in a week-over-week Bullish OR Bearish trend - ?– Moving forward –
ANY periodic bullish trend can –
and possibly WILL last for weeks and months- maybe even throughout 2024!
Time will tell - if any future protracted Bull run will extend into 2025.
For now – ?The Bears emain in CONTROL!
Be sure to follow Greg Mannarino – He will provide a warning as to when the epic rug pull by the Fed might ?be imminent! ?It may even be biblical – not just “epic”.
NOT investment advice, of course! I am not an investment advisor!
The Takeaway - AS the US economy (main street) continues to fall - the US stock markets will continue to rise (wall street)!
Duh!
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But wait - there's more!
Check out my ?Market Algo Newsleter-
I have more info on all things “ Market Algo” at the following link -
I publish this newsletter weekly - and did I say it is free? -
The?Market Algo Newsletter?– It forecasts the direction of the S&P 500 market ?- index for the upcoming week – and more! - ?
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Reminder:?
Daniel?Riley –Mr.TopStep: ?https://mrtopstep.com??provides daily updates ?on the markets:?
His website & free email newsletter are a MUST!!!??—Patrick
?Commentary for 06/07/2024:
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I am indebted to Robin Horsfall’s compelling and timely articles- originally published on LinkedIn! ?
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Former SAS Soldier. Writer, Veterans Campaigner and Public Speaker. Operations Nimrod and Mikado
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Published on LinkedIn: ???05/10/2024
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This article was shared by Robin Horsfall:
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Overcoming adversity. Leadership in every environment.
领英推荐
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Posts by Robin
Status is reachable
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? 1st
Overcoming adversity. Leadership in every environment.
1d ??
I want to go back, but I can't.
I want to return to the 30s when people ate so they could work, not for a past time.
I want to return to the 40s when the world discovered the evils of extremism and united to fight for freedom.
I want to return to the 50s when my country built and owned houses for families.
I want to return to the 60s when our defences were strong.
I want to return to the 70s when universities were for academic excellence.
I want to return to the 80s when we fought terrorists and sent them to hell.
I want to return to the 90s before the last semblance of integrity disappeared from politics. (Maybe?)
I want to return to the 00s which was the last time I completed a census without 'UK' on it.
I can't have what I want, but I know why I want it.
?Nothing works in the 20s, no one is happy, no one feels safe, no one trust the authorities, no one feels they belong here anymore.
If we do we might be inciting hatred. We are not healthier, we are heavier and lazier.?
We are old longer but we do not really 'live' longer.?
We are wealthier in possessions, not in family, friendship and community.?
I did more as a young man in the sixties and seventies, unsupervised for free, than most young people can or will do today.?
We have more information but no filter to test its veracity.?
I am a great-grandparent from a poor family and I have seen the deserts of Arabia, the jungles of Borneo, the Mountains of New Zealand, the waves of the South Atlantic and the swamps of Louisiana.
I am not an exception, my life was full of opportunity for those who would take it.
?'The past is a foreign land, a million miles away'.
So, will we sit and wait for the next 30s and ask ourselves, 'Is it too late?'
Who Dares Shares Robin Horsfall
If you support my work go to?robinhorsfall.info?and consider purchasing one of my books.
Former SAS Soldier. Leadership in every environment. Writer, Veterans Campaigner and Inspiring Speaker. Operations Nimrod and Mikado
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Map of Ukraine- credit: Robin Horsfall- 08/08/2022:
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FYI: ??I comment on the “real-time” geopolitical blog posts I create for my Reddit “EndUkrainian Genocide” community:
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The purpose of the Reddit community is to provide “real-time” updates on geopolitical events occurring worldwide AND ?connect peace activists and community organizers worldwide to share their journey: Together we CAN climb that mountain!
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?On to the “Main Event”:
?I post the URL for each news item I share in my ?REDDIT blog post - ?if you want to do a deep dive into the source material. ?
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Not the most “elegant” and detailed way of commenting, but as your time is valuable, I try to be as succinct as possible in my comments! ?- ?Patrick
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Here are the major “real-time” news items I commented on for this past week:
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New stuff :
Full Spectrum Survival - MUST-WATCH***** - NATIONAL ALERT - LOCK AND LOAD - RUSSIANS TOLD TO PREPARE FOR NUKES
Breaking - MUST WATCH --- nbsp;BlackScoutSurvival - MORE INFO!! DELTA Force Colonel and Incoming WW3
Judge Napolitano - Col. Lawrence Wilkerson: Scott Ritter and the State Dept.
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Must Watch - This is the on-planet story - The tip of the iceberg- as human trafficing has also gone off-planet as well! - Redacted - This is Americas DARKEST secret and no one can talk about it | Redacted w Clayton Morris
Daniel Davis - Must Wtch - Oh- The irony of it all! - Putin Threatens to Strike U.S. w/ Larry Johnson from RUSSIA
Canadian Preper - ALERT! RUSSIAN NUKE SUB IN CUBA! GERMANY MASS NUCLEAR WAR PREP, BUNKERS, STOCKPILING, CONSCRIPTION
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Poplar Rpt- 500,000 acres of farmland in Idaho- ordered by the state- to cease pumping water out of the water table!- More details - Farmers ORDERED To Stop IRRIGATION - Food Shortage Update- Farmers ordered to abandon thier crops!
Canadian Prepper - ALERT: NEW BIRD FLU w/100% KILL RATE, MYSTERIOUS ORIGIN, LEBANON WAR BEGINS, PUTIN CHECKMATES USA
Documentry Central - mUST- WATCH!!! - Inside Mexicos Billion Dollar Drug Empire | Meet The Drug Lords: Inside The Real Narcos | 1/3 | DC
China Uncensored - Hes A Chinese Spy. Now Hes Spilling the Beans - MUST WATCH!
MUST-WATCH--- nbsp;nbsp;LeisRealTalk-Li Jianwei is a former PLA soldier and a Chinese mercenary hired by Russia. He talks about his experiences in the Russia-Ukraine war on Chinese social media. In this video, he described the high causality of the Ukraine war and gave first-hand account of the Russian military operations
BlackScoutSurvival - Red Dawn is HERE! - They willNOT be invading at some future date- They are here now! Tons of Chinese nationals have tied to breach US miltary bases for the past few onths- Duh! - TONS of US Military Bases Are Being BREACHED!! - Will they now try to breach YOUR HOME? Get read
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Has this been independently confirmed as true? - Let me know in the comments!!!- StudioHD-Join Scott Ritter as he reveals the shocking details of Russias hypersonic missile strike that wiped out 400 NATO officers in Lviv. In this explosive analysis, we delve into the chaos and confusion that followed within NATO ranks, the strategic implications of this devastating blow, and ho
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More breaking news is posted on my Reddit EndUkrainianGenocideNow Community!
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Join now to keep up with events – as they happen! - - - ?Patrick
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Go here:
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OR – Go here:
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Stay tuned for the next issue!
Another source of news and commentary that I follow and recommend is the one authored/published by Elaine Supkis- The Culture of Life News—Highly recommended:
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Thank you for following my MAG Commentary!
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Patrick
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Not subscribed to my free Market Algo Newsletter?
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Go here for the URL to sign up today - It IS free:
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I publish a FREE ?weekly newsletter on Substack: ?The?Market Algo Newsletter?– It forecasts the direction of the S&P 500 market ?- index for the upcoming week -
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?And now for ?Everything Else- or as Paul Harvey says: ??And now for the rest of the story”… aka - ?Ads. Promotions and MORE! ??** ???**** ???****
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Check out: “The Sample” – it is FREE:
Discover the best independent writers.
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Go to “The Sample” using my referral link:
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I?also publish a weekly newsletter on Substack: ?The?Market Algo Newsletter?– It forecasts the direction of the S&P 500 market ?- index for the upcoming week – and global geopolitical commentaries -
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I created our InsightNexus chatbot for Greg Mannarino, using my Chatbase softwarenbsp;-
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For Greg Mannarino’s analysis of stock market risk – go here:?
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Contact me for info about our InsightNexus chatbot - How to integrate it with your CRM and wrap it in your SAAS!?
Samples of my work are on my Patrick OConnell Consultants website:
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I want to thank all of my wonderful subscribers to my market analysis and geopolitical commentary NL – The MAG Commentary:
In the name of Allah -
The Compassionate - The Merciful:
Alhamdulilah – Assalamualaikum –
May Peace Be Unto You!
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FYI - I use the pen name, Luna Maypole --- ?Patrick?Oconnell:
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Don’t miss Luna Maypole’s latest Chapter of
“NM-Kitty’s Meow Adventures” (written in the style of A.A. Milne – creator of the Winnie the Pooh Adventures):
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Don’t miss Chapter 16:???“NM-Kitty’s Meow Adventures” -?
The Sands of Destiny: NM-Kitty's Quest in Tehran, Iran - CH 16 (NOT chapter 12)
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A Feline Heroine's Journey to Uncover the Ancient Prophecy
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My NM-Kitty YouTube Playlist is located here –
check it out today:
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Something to lift your spirit:
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The Fellowship of Dreams??(TFOD)– The Theme Song for TFOD –
– aka “Love’s Gentle Refrain”:
Audio & Music credit:
Created by the author:
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and also:
Elara’s Song – “Love’s Gentle Refrain:
“Let rusty steel a while be sheathed,
And all those harsh and rugged sounds,
Of bastinadoes, cuts and wounds,
Exchanged to Love’s more gentle style.
Our stern alarums changed to merry greetings,
Our dreadful marches to delightful measures.”
-?- - - Richard ?III -- Shakespeare
Audio & Music credit:
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Created by the author:
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Have you followed Aleph and Omega?– The protagonists in my short story fictional series “The Fellowship of Dreams”?
?Don’t miss the latest chapter (written in the style of #Tom Clancy): ??
The latest chapter –
Cipher of Shadows in the City of Secrets -Part 24
Aleph and Omega Go to Damascus, Syria
Located at ??Lampshade of Illumination - is here:
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But wait - there’s more - Don’t Miss:
Don’t miss the latest chapter of my novel – that I have serialized ?in Lampshade of Illumination (a Medium Publication), “Abalon Rising – The Chronicles of Abalon and Abrixis – The Quest for Balance”?-
My latest installment:
Uniting Abalon for a Commonnbsp;Purpose
Part 1-Ch 11 - Abalon Rising: The Chronicles of Abalon and Abrixis?—?Quest fornbsp;Balancenbsp;
Elara shares with the Immortals?—?The Wizard’s Advice andnbsp;Guidance
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Get free blogging tips & ideas -NOW: ?
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ALSO – You may find some ideas for a blog post in any of the PDF files at the following URL – An archive of copies of a ‘zine that my wife, Joan and I published from 1977-1984. ?Unfortunately, upon her death in August 1984, I had to discontinue publication of this quarterly publication:
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Detailed info on the ‘zine and my late wife- is here – though it does not mention that she was a published author during her life journey on our beloved planet:
Your analysis perfectly illustrates how blockchain technology can secure and enhance democratic processes in the future. #FutureOfDemocracy