JPM Short Circuits & Banks Bump Up Into a Glass Ceiling as Semis Soar, Bitcoin Blasts & Block-Brain'd Sir Jamie Eats Crypto Crow

JP Morgan (JPM)

Having notched an all-time high by closing at 97.35 on 10/3, JPM appeared to be consolidating over the next 6 sessions - in preparation for another surge higher. But 10/12’s Q3 earnings release session suggests that immediate bullish momentum may have been exhausted and, with it, Sir Jamie’s next (ever-so-lovable and antithetically Populist) all-time high “I’m richer than you” quip has been - akin to PM Jordan"s Bitcoin prop traders - placed in limbic limbo.

With the close of the 10/12 session, JPM:

1. registered a bearish engulfing daily candlestick pattern;


2. on heavy volume;


3. after a rally, sideways chop, and doji on the previous daily bar.

This is short-term bearish. JPM’s 10/12 session, also: 

1. registered the largest daily volume since 7/14; and


2. exhibited the largest daily trading range since 9/7 – the swing low that preceded this 10+% rally.

Technically speaking, JP Morgan"s 10/12 session was unabashedly bearish.

But being just shy of an all-time high …

and without a confluence of technical signals to suggest a significant inflection to the down ..

pre-emptive calls for a top in JPM"s price action should be met with a great grain of salt.

What is JP Morgan’s bottom line?  All-time highs (ATHs) beget more all-time highs.

Even if you are a PM Jordan bear (for #SirJamie"sGeniusDaughter or other non-technical reasons), you should not position for a substantial price inflection, prior to:

1. an upside retest, where JPM fails to register a new high; and, then


2. a breakdown that closes below the preceding 9/7 swing low of 88.08.

JPM’s strongest support (and 1^st downside target) surrounds round number 94, where a small open gap remains unfilled. Should John Pierpont slump (and close) below 94, strong support levels will show themselves just above 90 and 88.

  

VanEck Vectors Semiconductor ETF (SMH)

The daily chart of VanEck’ Semiconductor ETF (SMH) clearly - and unmistakably - shows a Super MACD, Super RSI, and Super Stochastics that have each zoomed up, up, and away – into dynamic overbought territory. This confluence of technical developments is noteworthy because our Dynamic OB/OS Levels (DOBOS™) adapt to price action, rather than simply remaining static. This results in indicator value levels that often prove much stricter than the pre-set values that your ‘textbook’ suggests (and discount broker pre-populates); i.e. a stock RSI setting of 70/30, Stochastics at 80/20.

The last time the SMH daily chart exhibited Super MACD, Super RSI and Super Stochastics readings with such elevated values (~ all swimming deep in overbought waters) was just prior to the 6/8 semiconductor swing high top. And for good measure, the last time these 3 Indicators were oversold in unison was at SMH"s 4/17 and 7/3 swing low bottoms.

While a sample size of just ‘3’ instances is not statistically significant .... 

that the Super MACD, Super RSI, and Super Stochastics have all drifted into dynamically overbought territory ...

while price has paused in place, after a relatively relentless move higher without so much as a single sizable dip ..

ought give Semi bulls good reason to tighten their stops; if they are not amenable to taking partial position profits here and now (now that their winner has ran, and ran and ran so).

Semi"s bottom line?

A downside retracement for SMH would pause first around 93; then dead-cat bounce back above 94 ½ before testing round number 90 on the down. Should such a simple ABC downward retrace occur, technicians would be wise to pay particular attention to the character of price action - i.e. "how" it responds - upon dipping down into the strong lateral support shelf that spans 89 – 90.

Chicago Mercantile Exchange’s Real-Time Bitcoin Index ($BRTI)

Despite a well-defined penchant for monstrous rallies, Bitcoin’s 60-minute chart shows that it entered into overbought territory on 10/12 on both the Super RSI and Super MACD. Employing Dynamic OB/OS Levels that adapt to price action allows users to acurarately gauge when price is truly exhausted and likely about to correct | reverse. 

The last time that Bitcoin ($BRTI) witnessed the Super RSI and Super MACD above their Dynamic OverBought Levels was back on 9/18, at the $4,112 high – the last hurrah of a swing high, directly before a downward correction that ended four days and -14.4% later at $3,520.

If Bitcoin is ready to take a well-deserved breather next week, support will not come into play until $4,800. And while a circa 15% downswing (after a 15%⁺ up day!) will not phase those who are HODLing, our central aim as market technicians is to identify and diagnose asymmetric risk:reward technical setups; so that, as traders, we can most effectively execute entries | exits and efficiently manage those positions.

To wit, a pullback that successfully finds support at and rounds back up from the $4,800 - $4,900 zone (~ the 10/12 breakout zone) would be a fine spot to enter or further build upon an existing position (with a clearly defined stop just above $4,700, to explicitly define position risk).

KBW Nasdaq Bank Index (BKX)

Similar in technical profile to Semis (SMH), the Nasdaq Bank Index" daily chart shows a Super RSI and Super Stochastics that are both above their Dynamic OverBought Levels. Coupled with the first flash of a daily sell signal since the 99.77 BKX swing high of 3/1, we would be very leery of getting too far out over our Nasdaq Bank Index’ skis if long BKX here.

BKX bottom line:

much like Banks" NIM not moving higher .. while price action may push yet a touch higher (c. 101-103), BKX bulls should remain on high alert with respect to the unfilled gap at 97.27; and, if BKX closes anywhere under 96, then their focus ought immediately shift to the Bank Index’ baby gap at 93.81.

Happy Friday the 13^th, fellow MindHunters!

For more technical analysis:

NFLX Won"t Chill: Where to Next

FX Technicals: Is the US Dollar"s Down Done?

Learn The Rules Like a Pro, So You Can Break Them Like an Artist 

Check out Fibozachi.com to learn about modern technical analysis and trading indicators that actually work. 

‘Decoders’ Offer Dire Warnings About North Korea’s Nuclear Program

Experts outside the United States government are using North Korea’s propaganda videos to dissect and decode the rogue regime’s nuclear program. Decoders say that there are clues about the weapons advancement program hidden in their propaganda, and they are sounding the alarm.

A group of analysts at the Middlebury Institute’s Center for Nonproliferation Studies in Monterey, California are closely studying the propaganda photos and videos put out by the North Korean regime. They then apply new tools such as satellite imagery and 3-D mapping to the videos and photos so they can learn more about how the North continues to advance their weapons in the face of sanctions and growing opposition.

The analysists are finding amazingly detailed information about North Korea’s military capabilities and in this video, they walk us through the clues that reveal the capabilities of a North Korean missile. They will also show instances where they’ve found the North Koreans to be faking their weapons success.

The intense voices in North Korea’s videos make them seem legitimate, but the decoders have looked into what they can actually accomplish and what they cannot by simple decoding images used by the regime themselves.

Perhaps the most alarming revelation is that the decoders suggest that it’s likely that North Korea is using highly advanced machines to construct their missile components. This could make getting a powerful nuke more likely than originally thought. They also say that North Korea has a missile that can carry a warhead capable of hitting the mainland United States, “New York, LA.”

But they also point out the failures in the North Korean weapons advancement program and can identify where Kim Jong-Un is in several photos.

Click here to subscribe: Join over one million monthly readers and receive breaking news, strategies, ideas and commentary.

Please Spread The Word And Share This Post

Author: Mac Slavo
Views: Read by 3 people
Date: October 5th, 2017
Website: www.SHTFplan.com

Copyright Information: Copyright SHTFplan and Mac Slavo. This content may be freely reproduced in full or in part in digital form with full attribution to the author and a link to www.shtfplan.com. Please contact us for permission to reproduce this content in other media formats.

"The Best Of Times" - Stocks Surge To 2nd Longest Dip-less Streak In History

The S&P 500 has not seen a drawdown of more than 3% since the election last November. As PensionPartners" Charlie Bilello notes, this is the second longest run in history...

The Dow has hit 31 all-time highs in 2017 and has done so with no more than a 3% pullback.

Additionally, Bilello notes this is the fourth longest streak in US history without a 5% drop...

It’s been more than a year since the S&P 500 has suffered a 5% pullback...

"The best of times" indeed...

"Visions Of Cataclysms": Why Eric Peters Is Starting A Long-Vol Fund

Is the recent streak of record low volatility about to end?

While countless analysts, pundits and traders have previously talked their book (if not staked their reputation) on claims VIX is set for an imminent mean-reverting spike, so far that has not happened and in fact net spec positioning in the VIX just hit a record short print as of the latest CFTC week.

And yet, on Friday night, in a notable change to the low-vol regime, Interactive Brokers announced it would hike volatility product margins ahead of what it warned could be a 100% surge in the VIX, a move which will be promptly copied by most if not all trading platforms. Will this then become a self-fulfilling prophecy - should maringed out traders decide it makes more sense to close out vol shorts than to add more cash - it is too early to know, however, in a separate confirmation that the current low-vol regime may be ending, last week JPM"s quant strategy team reported that "following robust performance in 1H ‘17, PnL of short vol premia stagnated over the past month... We see further risk for short vol from both rate increase as well as CB balance sheet renormalization."

YTD, short vol PnL (+5.1%) exceeds that of traditional beta (+4.2%) and value (+4.1%). Momentum YTD PnL of -5.2% arose from a broad-based decline across global equity indices (-5.1%), sovereign bonds (-2.1%), currencies (-1.4%) and commodities (-12.0%). Carry was flat (+0.9% YTD) as it was buffeted by positive bond carry (+3.9%) and negative equity index carry (-1.6%). Over the past month, short vol has stagnated at 0.26% and momentum has continued its decline by - 0.71%.

And with no further P&L to be made from selling vole, the question again emerges: is the vol-selling party coming to an end?

To answer that question today in abstract terms, we give the podium to our favorite Sunday morning commentator, One River Asset Management"s CIO Eric Peters, who today in lieu of his traditional weekend notes, has penned a piece titled: "The Case for Long Volatility" in which he explains that a surge in volatility is inevitable for one simple reason: human imaginations will soon run rampant with visions of cataclysms... something which that other derivatives guru, DB"s Aleksandar Kocic also said precisely two months ago, when he predicted that the "Market"s Current "Metastability" Will Lead To "Cataclysmic Events."

Some of the key excerpts from Peters" note:

To sell implied volatility at current levels, investors must imagine tomorrow will be virtually identical to today. They must imagine that bond yields won’t rise despite every major central bank looking to hike interest rates and exit QE. They must imagine that economies at or near full employment will not create inflation; that GDP will neither accelerate nor decelerate; that governments will tolerate historic levels of income inequality despite citizens voting for the opposite; that strongly rising global debts will be supported by decelerating global growth. And volatility sellers must imagine that nine years into a bull market, amplified by a proliferation of complex volatility-selling strategies and passive ETFs with liquidity mismatches, that we will dodge a destabilizing shock to market infrastructure. I can imagine a few of those things happening, but neither sustainably nor simultaneously. It is much easier to imagine a tomorrow that looks different from today.

Zero interest rates and quantitative easing left yield-starved investors with few ways to achieve their target returns. Wall Street’s engineers developed many wonderful solutions to this problem. Their magnificence is matched only by the amount of negative convexity now lurking in investment portfolios.

As volatility declined, investors have had to sell even more of it to sustain sufficient profits. This selling reinforces the trend lower, which produces an illusion that legacy volatility shorts are less risky today than yesterday. Lower volatility thus begets lower volatility. And this also ensures that quantitative models reduce overall portfolio risk estimates, which allows (and in many cases forces) investors to buy more assets at prevailing prices. This in turn reduces volatility, reflexively. Naturally, the reverse is also true. Rising volatility begets rising volatility. And given the unprecedented volatility-selling in this cycle, I can imagine a historic reversal.

And at that point, investor imaginations will run rampant with visions of cataclysms. It is always thus, it is who we are. Confidence in a tomorrow that is indistinguishable from today will vanish, replaced by some new hysteria. It could be real or imagined. It could even be a bullish blow-off mania like 1999. Or maybe an endogenous crash, like 1987, when market moves were disconnected from the real economy. But the catalyst doesn’t really matter. What matters is recognizing that at this late stage, with implied volatility where it is, and asset valuations where they are, if you can imagine a tomorrow even modestly different from today, you must begin finding thoughtful ways to get long volatility.

Peters has imagined precisely that, and as a result, the CIO writes that he sees a "compelling opportunity developing in the months ahead" to go long volatility, and is launching a fund to capture it.

* * *

His full note below (link):

The Case For Long Volatility

I have an active imagination. A blessing and curse. I’m not alone. Of our many defining features, imagination is the greatest single thing separating us from other creatures. There is no higher power. Our ability to conceive of a tomorrow that is better than today is a precondition to discovery, invention. And these two things quite naturally stack, compound. Their summation has lifted us from the Stone Age to the space station. The journey has only just begun. This should be obvious to everyone but the most hopeless pessimist.

Along our upward trajectory are periodic interruptions. Some are natural, such as plagues. Others are economic, particularly depressions. But most are political, and the greatest arise when nations imagine future states of the world that are different and incompatible. These ideological conflicts can be devastating, lasting for years as hot or cold wars, but even so, they have barely restrained our rise. The motive force of humanity’s imagination, ambition, and drive to build better lives for our children is such that nothing has suppressed progress for long.

Economically speaking, our ascent is defined by rising productivity, the spoils of which determine prosperity. In modern times, we have imagined various ways to distribute this wealth; socialism, communism, free-market capitalism. I can imagine other approaches; the Chinese are exploring one. But even within existing constructs, there are nuances. Today in the West, capital owners collect a disproportionate share of profits relative to laborers. There is no intrinsic reason that this degree of inequality cannot persist. But in modern history it never has.

The private sector overwhelmingly sees itself as a more capable steward of research and development capital than governments. However, an examination of innovations traceable to state-funded initiatives during the past century suggests otherwise. I suspect the failure of Soviet communism led western free-market capitalists to imagine every element of our system to be superior. I imagine someday we will regard that black and white conclusion as foolish. China’s unprecedented economic rise and breathtaking technological advances should prompt Western self-reflection. So far it has not. I can imagine this being forced upon us.

In fact, I can imagine many things. I can imagine almost everything, except of course, things that never cross my mind. Those are unknown unknowns, Black Swans. In my lifetime, not a single such creature has reversed human progress, let alone markets. Not for long anyway. Lehman was not a Black Swan. I worked there for seven years and we spent most of them imagining the firm abruptly failing. Black Swans are generally magnificent, indistinguishable from magic - the internet, smartphones, cloud computing, quantum entanglement. The big risks are skewed to the upside, and manifest frequently. That is why we no longer live in caves. Yet periodically, our imaginations run wild with visions of cataclysms. I imagine that will never change.

In theory, investors compound savings at a rate commensurate with the upward slope of human progress. But people can pay anything they choose for assets and their derivatives. They periodically earn higher returns than that slope would indicate by bidding up prices far in advance of actual growth. However, they cannot do so forever without the gap between today’s reality and tomorrow’s promise becoming a chasm, prone to collapse. That said, almost any price can be justified if the slope of progress steepens, and every so often, something new appears that allows investors to imagine it will. But in modern history it never really has.

This leads me to investing. Which is principally about medium to long-term trend following. To obsess over much shorter time horizons is to imagine you can consistently outsmart people who imagine themselves smarter than you. A quick check on the number of billionaires who made their fortunes imagining such nonsense will tell you all you need to know on that topic. Anyhow, trend following is theoretically easy; over the long-term conditions improve. But because we base asset prices partly on their future value, and as every solvent investor imagines that trajectory to be upward, prices are almost always elevated relative to today’s reality - and thus prone to corrections. So trend following is easier said than done, and can be improved upon by periodic tactical adjustments, hedges.

With that in mind, it is hard to overstate the extraordinary nature of today’s landscape. All previous periods of extreme asset valuation required investors to imagine a vastly different tomorrow, a wildly optimistic future, a steeper slope. But today they expect the opposite. Due to unfavorable demographics and over-indebtedness, investors expect the slope to flatten, perhaps forever. Yet because of this flattening, they also imagine perpetually low interest rates, which they then use to justify extreme valuations across other asset classes in an endogenous loop that is increasingly disconnected from the real economy. This is the dominant pricing model for global assets today. I can imagine it continuing for a while still, but not in perpetuity.

Implied volatility is the price that connects two sets of people; those seeking to offload risks and those prepared to shoulder them. When imaginations are running wild, implied volatility is high, reflecting disagreement and uncertainty about what those risks are, and/or how they will resolve themselves. Low implied volatility reflects just the opposite. We are now at historic lows.

To sell implied volatility at current levels, investors must imagine tomorrow will be virtually identical to today. They must imagine that bond yields won’t rise despite every major central bank looking to hike interest rates and exit QE. They must imagine that economies at or near full employment will not create inflation; that GDP will neither accelerate nor decelerate; that governments will tolerate historic levels of income inequality despite citizens voting for the opposite; that strongly rising global debts will be supported by decelerating global growth. And volatility sellers must imagine that nine years into a bull market, amplified by a proliferation of complex volatility-selling strategies and passive ETFs with liquidity mismatches, that we will dodge a destabilizing shock to market infrastructure. I can imagine a few of those things happening, but neither sustainably nor simultaneously. It is much easier to imagine a tomorrow that looks different from today.

Investment banks and asset managers devise creative strategies to make money once valuations exceed reasonable levels. These perpetual prosperity machines typically combine leverage and alchemy, transforming real risk into perceived safety. Examples abound. But in this cycle, a proliferation of cleverly disguised volatility-selling strategies has dominated. Zero interest rates and quantitative easing left yield-starved investors with few ways to achieve their target returns. Wall Street’s engineers developed many wonderful solutions to this problem. Their magnificence is matched only by the amount of negative convexity now lurking in investment portfolios.

As volatility declined, investors have had to sell even more of it to sustain sufficient profits. This selling reinforces the trend lower, which produces an illusion that legacy volatility shorts are less risky today than yesterday. Lower volatility thus begets lower volatility. And this also ensures that quantitative models reduce overall portfolio risk estimates, which allows (and in many cases forces) investors to buy more assets at prevailing prices. This in turn reduces volatility, reflexively. Naturally, the reverse is also true. Rising volatility begets rising volatility. And given the unprecedented volatility-selling in this cycle, I can imagine a historic reversal.

And at that point, investor imaginations will run rampant with visions of cataclysms. It is always thus, it is who we are. Confidence in a tomorrow that is indistinguishable from today will vanish, replaced by some new hysteria. It could be real or imagined. It could even be a bullish blow-off mania like 1999. Or maybe an endogenous crash, like 1987, when market moves were disconnected from the real economy. But the catalyst doesn’t really matter. What matters is recognizing that at this late stage, with implied volatility where it is, and asset valuations where they are, if you can imagine a tomorrow even modestly different from today, you must begin finding thoughtful ways to get long volatility.

And just like that, the "fat tails" funds are back.

“Diet” Artificial Sweeteners may Actually Expand Your Waistline

In a new analysis of studies involving more than 406,000 patients, researchers found that people who substitute artificial sweeteners for sugar – even the natural kinds – actually gained weight, instead of losing it. [1]

Published in the Canadian Medical Association Journal, the study looked at the long-term effects of artificial sweeteners on heart health, weight, stroke incidence, and blood pressure levels.

The researchers wrote:

“We found that consumption of nonnutritive sweeteners was associated with modest long-term weight gain in observational studies.”

Artificial sweeteners were once touted by doctors as healthy for diabetics who didn’t want to give up sweets, but who also realized that continuing to eat sugar could cause serious complications or death. But the analysis showed that the consumption of artificial sweeteners may increase a person’s risk for developing the disease, and other potentially serious health conditions.

The team says:

“Our results also extend previous meta-analyses that showed higher risks of type 2 diabetes and hypertension with regular consumption.”

Some of the Findings

For the analysis, researchers reviewed 30 studies that followed groups of people that used artificial sweeteners, including aspartame (Equal), sucralose (Splenda), and stevioside (Stevia). The studies involved in the review including longer, larger studies with follow-ups every 4-9 years. Study participants not only gained weight using artificial sweeteners, they also had higher risks of obesity, high blood pressure, and stroke.

Read: The Dangers of Sucralose/Splenda Revealed Again by Extensive New Review

Specifically, the observational studies noted a small increase in body mass index (BMI) associated with consumption of artificial sweeteners, a 14% greater chance of developing Type 2 diabetes for those who consumed the most artificial sweeteners, and a 32% higher risk of cardiovascular events for those who ate the most, compared to those who ate the least. [2]

Those who had hoped to lose weight in the short-term were met with disappointment; participants in the 7 shorter randomized, controlled studies reviewed in the analysis didn’t show consistent weight-loss after 6 months.

Lead author Meghan Azad, of the University of Manitoba in Winnipeg, Canada, said:

“From all that research, there was no consistent evidence of a long-term benefit from the sweetener, but there was evidence for weight gain and increased risks of other cardiometabolic outcomes.” [2]

Tricked into Poor Health

The fact that sugar causes obesity and a host of other health problems is fairly common knowledge these days, but the reason why artificial sweeteners appear to do the same things is less understood. To put it in simple terms, artificial sweeteners “trick” the brain into thinking the body is consuming real sugar.

See, artificial sweeteners are chemically different than sugar. When you taste something containing artificial sweeteners, receptors are activated on the tongue that lets the brain know you are eating or drinking something sweet. [3]

When you eat something sweet, the brain’s reward center is activated by a surge of dopamine. Leptin, an appetite-regulating hormone, is also released. When you eat something with calories, leptin eventually signals to your brain that you are full.

However, when you eat something sweet but with no calories, your brain’s pleasure pathway still gets activated, but the lack of calories means there is nothing to shut it off.

Watch: How Diet Sodas Mess With Your Brain (Video)

In turn, your body signals that it needs more calories, which results in carb cravings. In the end, you wind up eating more than you should, taking in more calories than you should, and those carbohydrates get converted into sugar.

Artificial sweeteners have been shown to alter gut microbes, some of which have been linked to obesity.

Furthermore, researchers have discovered that artificial sweeteners alter metabolic pathways linked to metabolic disease.

Stevia is considered the “safest” artificial sweetener, because it is natural. However, if you have high blood pressure, high cholesterol, diabetes, or extra weight, then you have insulin sensitivity issues, and you should probably avoid artificial sweeteners entirely.

According to a study published earlier in 2017, 1/4 of U.S. children and 41% of American adults consume artificial sweeteners, most of them at least once per day. Though people likely consume more artificial sweeteners than they realize, since they’re in everything from granola bars to yogurt. [2]

Your safest bet is to learn to enjoy your coffee black, and choose foods free of sugar and artificial sweeteners.

Easier said than done, I know, but you can do it!

Sources:

[1] ABC News

[2] NPR

[3] Mercola.com

---

---

About Mike Barrett:
	Mike is the co-founder, editor, and researcher behind Natural Society. Studying the work of top natural health activists, and writing special reports for top 10 alternative health websites, Mike has written hundreds of articles and pages on how to obtain optimum wellness through natural health.

Three-dimensional computer analysis of 9/11 video footage yields astonishing results

The object that hit the North Tower "was masquerading as a passenger plane," researcher claims

(INTELLIHUB) — A three-dimensional computer model mimicking the alleged plane strike to the World Trade Center’s North Tower on Sept. 11, 2001, concludes, at the least, that something very suspicious is going on. In fact, the findings paint a clear picture of just how deep the now fully-discredited mainstream media’s lies and deceptions actually go and it may shock you.

For the analysis, researcher Richard D. Hall assembled a 3D computer model of the airspace near the WTC North Tower as it existed on Sept. 11, 2001, when attackers allegedly flew a Boeing 767 into the tower’s north face.

53 video clips in total were assembled by Hall for a 1-minute presentation to determine if the footage shown on the news that day matched up with the “official flight path” based on actual radar data taken from a radar impact speed study of the event.

“The model was constructed perfectly to scale [and] I also included a large aerial photograph of the land ensuring that the image was resized such that the scale on the ground was identical to the vertical scale of the buildings,” Hall explained. “I added a few more land marks, the Statue of Liberty and the Empire State Building.”

Through his research, Hall found that in all 53 images, “the alleged plane” does, in fact, follow the “official radar path” provided in the radar impact speed study. However, Hall’s analysis concludes that it was not a Boeing 767 that struck the North Tower as the media reported.

The video shows impossible impact dynamics, proving that what we are looking at is not a Boeing 767,” he stated.

Hall said that the aircraft’s wing structure is far to fragile, especially near the tips, to slice through reinforced steel columns on the tower’s exterior on impact, as depicted in videos provided publicly by the media.

“It’s made up of extremely thin aluminum ribs,” he said. “There is no way the wing is going to win.”

The planes were crated using “cartoon physics or butter planes,” Hall maintains. “In my opinion, we are not seeing a 767 with fragile aluminum plane impacting on solid steel columns.”

Through his research Hall concluded that a physical object did fly through the sky on 9/11 but the object was not a Boeing 767 as reports claim. Hall said that the wing-shaped cuts into the tower were formed seconds after the object’s impact.

Additionally, Hall’s analysis found that a Boeing 767 can not travel near sea-level at the speed of over 505 knots (578 mph) as a prominent 9/11 report claims. However, Hall independently confirmed that the object was traveling at a speed of “583 mph” in all of the 53 different video clips, again proving that a physical object, not a Boeing 767, did fly through the airspace and impact the tower.

If you remember, most images of the North Tower plane strike on 9/11 show a very dark looking plane with no windows. Moreover, eyewitnesses of the plane could be heard saying things like: “What the hell is that?” As the object was not perceived as a plane to the physical eye.

“What were we really looking at?” Hall questioned. “The true answer is: I don’t know but I will go as far as to say that it was not a 767 and whatever it was was masquerading as a passenger plane. In other words, the videos were real and the planes were at least to some degree fake.”

Via Intellihub

©2017. INTELLIHUB.COM. All Rights Reserved.

---

Shepard Ambellas is an opinion journalist, analyst, and the founder and editor-in-chief of Intellihub News & Politics (Intellihub.com). Shepard is also known for producing Shade: The Motion Picture (2013) and appearing on Travel Channel’s America Declassified (2013). Shepard is a regular contributor to Infowars. Read more from Shep’s World. Follow Shep on Facebook and Twitter.

---

‘We as humans have become so godlike and greedy that we will destroy ourselves’: Alex Jones

AUSTIN, Tex. (INTELLIHUB) — Infowars’ Alex Jones warned in a YouTube video Thursday that the world is in the greatest danger of nuclear war over the Korean Peninsula/South China Sea crisis than ever.

“We have gotten so godlike with our technology that we’re still just these fallen little greedy creatures, that like the legend of Atlantis, we end up destroying ourselves,” Jones said. ‘It’s a big situation.’

The popular talk show host said that North Korea’s recent threat of a “super-mighty preemptive strike” is alarming, especially when coupled with known U.S., Chinese, and Russian military movements which may be coming to a head.

“Now is the time to be praying for this country and the world,” said Jones. “This is incredibly dangerous time.”

In regards to nuclear weapons, “More than 14 nation have them,” Jones pointed out.

“So the question is can North Korea strike and ‘turn us into ashes’ as they say?”

“The answer is: no,” Jones said, in response to his own question. “If they continue to get more advanced missile from China […] they may be able to hit an island in Hawaii, maybe the closest toward Asia — Kauai.”

Shepard Ambellas is an opinion journalist and the founder and editor-in-chief of Intellihub News & Politics (Intellihub.com). Shepard is also known for producing Shade: The Motion Picture (2013) and appearing on Travel Channel’s America Declassified (2013). Shepard is a regular contributor to Infowars. Read more from Shep’s World. Get the Podcast. Follow Shep on Facebook and Twitter.

©2017. INTELLIHUB.COM. All Rights Reserved.

This week’s Operation Gotham Shield exercise in NYC explained

(INTELLIHUB) — In his latest video, Youtuber DAHBOO7 breaks down Operation Gotham Shield, a nuclear/EMP readiness exercise set to take place Apr. 24 – 26 in and around New York City and Jersey City.

“It is a big operation that is involving the simulation of a detonated nuclear device,” DAHBOO7 said. “It’s going down in the New Jersey area […] fanning over into Manhatten.”

“They are doing it near the end of the Lincoln Tunnel,” the Youtuber said.

Four simulated nuclear devices will exist in the exercise, “two of which will be rendered safe […] one [wil be] a successful 10 kiloton detonation in the NYC-New Jersey area along with a smaller detonation along the U.S.-Canadian border,” he said.

DAHBOO7 fears that the drill has the potential to “go live” to become the “next false flag.”

©2017. INTELLIHUB.COM. All Rights Reserved.

Over 13,000 deaths, 130,000 injuries, projected if this week’s Operation Gotham Shield’s 10 kiloton nuclear detonation goes live from Lincoln Tunnel

(INTELLIHUB) — According to recently leaked U.S. Department of Energy (DoE) documents, a simulated nuclear attack exercise dubbed Operation Gotham Shield starts Monday, April 24, and will be running through Wednesday, April 26.

The exercise encompasses nine state and federal agencies that seek to “evaluate the ability of RAP 1 to coordinate with New York City, New Jersey, and New York State emergency response organizations” to better prepare and safeguard against domestic nuclear threats.

Voice of Reason reports: “[Operation Gotham Shield is] a major nuclear detonation drill in the New York-New Jersey area, along with the U.S.-Canadian border. During this exercise, 4 nuclear devices, 2 of which are rendered “safe” during the U.S. Department of Defense (DOD) Vital Archer Exercise, and one successful 10kt detonation in the NYC/NJ area, along with one smaller detonation on the U.S./Canadian border are to take place.”

To get a better feel for what we are actually talking about here, if a 10 kiloton nuclear device were to be detonated in Manhattan’s Lincoln Tunnel, for instance, the estimated death toll from the immediate blast would be 13,400 people and over 72,000 more would be injured.

According to a 10 kiloton simulation of a ground-based nuclear explosion using NUKEMAP, we can clearly see just how devastating such a blast would be and how a projected 6 mph wind would carry the fallout.

MANHATTAN-JERSEY CITY Lincoln Tunnel 10 kiloton nuclear detonation simulated (NUKEMAP/NuclearSecracy.com)

MANHATTAN-JERSEY CITY Lincoln Tunnel 10 kiloton nuclear detonation simulated (NUKEMAP/NuclearSecracy.com)

Amazingly the NUKEMAP projections coincide with DoE projections which are labeled “Not For Public Dissemination.”

Federal Emergency Management Agency

Federal Emergency Management Agency

Interestingly enough, the 10 kiloton devices selected to be used in the exercise mimic the near size of a portable “suitcase nuke.”

Shepard Ambellas is an opinion journalist and the founder and editor-in-chief of Intellihub News & Politics (Intellihub.com). Shepard is also known for producing Shade: The Motion Picture (2013) and appearing on Travel Channel’s America Declassified (2013). Shepard is a regular contributor to Infowars. Read more from Shep’s World. Get the Podcast. Follow Shep on Facebook and Twitter.

©2017. INTELLIHUB.COM. All Rights Reserved.

COG: Full-scale terror exercise in D.C. and surrounding areas Wednesday, entire Senate summoned to White House

It looks like it all may be coming to a head Wednesday, too many coincidences to be nothing

Ted Eytan/Flickr

WASHINGTON (INTELLIHUB) — The Metropolitan Washington Council of Governments (COG) is conducting a last-minute full-scale terror exercise in the Capitol region on Wednesday which is the same day that 100 Senators are summoned to the White House to reportedly discuss the North Korean situation.

However, it’s obvious that between this week’s Operation Gotham Shield exercise in New York and New Jersey, the COG exercise in Washington Wednesday, and the fact that the entire Senate is heading into the White House Wednesday to convene in what has been described as an “unusual” meeting, it’s likely that the U.S. government may be anticipating an event to happen here in the U.S. domestically or may be planning to strike North Korea preemptively and is bracing for a counter strike.

Interestingly enough, this Wednesday also dovetails with an ominous message that was broadcast over the airwaves last year. The eerie message which keeps repeating “Trump April 26” was broadcast on 1630 AM in New Jersey in September of 2016 and may have been a cryptic message foreshadowing this Wednesday’s events.

Then there is still the fact that a massive asteroid just narrowly missed Earth on Sunday and a New Jersey Emergency Management team member claims that there is a 50% chance of a meteor strike inside the CONUS on Wednesday.

And if that’s not enough, 9 states in Mexico were put on high alert after radioactive material was stolen that can be used to make a dirty bomb.

The entire press release dated April 24, titled “Full-scale exercise focused on preparing for complex terror attacks to include National Capital Region first responders, emergency managers” reads as follows:

Law enforcement officials and other first responders will participate in a full-scale exercise on April 26 designed to prepare for the possibility of a complex coordinated terror attack in the National Capital Region.

Emergency managers who work together at the Metropolitan Washington Council of Governments (COG) planned the exercise to help protect residents by preparing for an attack involving multiple target locations and teams of perpetrators.

The regional exercise will be staged at six sites in the District of Columbia, suburban Maryland and Northern Virginia, and will involve hundreds of police, fire, and emergency medical service personnel and volunteer actors. The locations include neighborhoods in the northeast and southeast quadrants of the District of Columbia, Prince George’s County, and Arlington and Fairfax Counties.  Residents in those neighborhoods will be notified ahead of time to expect the exercise.

“Law enforcement officials practice and exercise their skills on their own regularly because that’s the best way to ensure we are always ready to respond quickly and professionally,” said Scott Boggs, Managing Director of Homeland Security and Public Safety at COG. “On April 26, we’ll go one step further and stage a very realistic emergency event involving multiple sites and actors posing as the casualties.  However, there is no reason for residents to be alarmed because the exercise will occur in a controlled environment.”

MEDIA AVAILABILITY PRIOR TO EXERCISE ONLY (see details below)

WHEN: Wednesday April 26, 7:30 – 8:30 A.M.

WHERE: Maryland National Capital Park Police Headquarters, 8100 Corporate Drive, Hyattsville, MD 20785

Shepard Ambellas is an opinion journalist and the founder and editor-in-chief of Intellihub News & Politics (Intellihub.com). Shepard is also known for producing Shade: The Motion Picture (2013) and appearing on Travel Channel’s America Declassified (2013). Shepard is a regular contributor to Infowars. Read more from Shep’s World. Get the Podcast. Follow Shep on Facebook and Twitter.

Featured Image: Ted Eytan/Flickr

©2017. INTELLIHUB.COM. All Rights Reserved.

Infamous BMW crime scene photos widely publicized after Tupac Shakur’s Vegas shooting staged: 100% proof

(INTELLIHUB) — Death Row Records rapper Tupac Shakur was gunned down at the corner of E. Flamingo Rd. and Koval Ln. on the night of Sept. 7, 1996, while cruising the streets of Las Vegas after the Tyson vs. Seldon fight at the MGM Hotel in Suge Knights black 1996 BMW 750iL, or so the story goes.

However, Intellihub has uncovered startling new evidence which proves that the BMW filmed in the ‘official crime scene video’ which was captured on the night of the shooting is not, in fact, the same BMW pictured in ‘official crime scene photos’ allegedly belonging to Death Row Records owner Suge Knight.

---

---

Astonishingly, the 1996 BMW 750il pictured below, which also appears in official crime scene photos is not the same BMW captured on video at the actual scene that night.

LAS VEGAS (Sept. 7, 1996) Suge Kight’s shot up 1996 BMW 750il with damage to the rims after Knight reportedly jumped over the median to get away from the shooter. (Photo credit: MSN)

Look at the rims — especially the on the front passenger side — they have spokes and are noticeably bent from when Suge reportedly drove over the median in the opposite direction to flee from the shooting.

Now, look at a screencapture of the front passenger side wheel on the actual video shot from the crime scene that night — it’s a 5-star design and does not have spokes like the BMW pictured in official crime scene photos.

LAS VEGAS — BMW allegedly filmed at the actual crime scene the night of Sept. 7, 1996. (Screencapture via YouTube)

We can also see from the video that the BMW is a wagon hatchback model, like the 525 TDsl and not a sedan as pictured in crime scene photos.

LAS VEGAS — BMW allegedly filmed at the actual crime scene the night of Sept. 7, 1996. (Screencapture via YouTube) LAS VEGAS — BMW allegedly filmed at the actual crime scene the night of Sept. 7, 1996. (Screencapture via YouTube)

Not to mention suspicious audio can be heard in the actual video which can be heard here at about 0:59.

“I did this. I shot some loopholes and shit,” a voice can be heard saying in the video while laughing.

Also, It appears that rapper Yaki Kadafi of the Outlawz can be seen at the scene in two different outfits, hinting that they were filmed/photographed on two separate occasions. Kadafi was reported to be in a car directly behind the BMW.

Another, show descrepancies between the police as if there are two seperate scenes.

Additionally, a police officer named David Myers also gave a deathbed confession that he helped Tupac and Suge fake Tupa’s death in 1996.

Were the crime scene photos or the video staged?

Shepard Ambellas is an opinion journalist, analyst, and the founder and editor-in-chief of Intellihub News & Politics (Intellihub.com). Shepard is also known for producing Shade: The Motion Picture (2013) and appearing on Travel Channel’s America Declassified (2013). Shepard is a regular contributor to Infowars. Read more from Shep’s World. Get the Podcast. Follow Shep on Facebook and Twitter.

Featured Image: MSN

©2017. INTELLIHUB.COM. All Rights Reserved.

9/11 destroyed America

The events on September 11, 2001, changed the world. It was the excuse for the U.S. government to launch military attacks on seven Middle Eastern countries, causing civilian casualties in the millions and sending waves of Muslim refugees into the Western world. The U.S. government wasted trillions of dollars destroying countries and murdering women and children, while public infrastructure in the US deteriorated, Americans’ homes were foreclosed, and American health needs went unattended. 9/11 was also the excuse for the destruction of the protection that the U.S. Constitution provided to ensure the liberty of the American citizen. Today no American has the protection of the civil liberty that the Constitution guarantees.

On September 11, 2001, when a neighbor called and told me to turn on the TV, I stopped what I was doing and turned on the TV. What I saw was the two World Trade Center Towers blowing up. I had often enjoyed lunch in the rooftop restaurant in one of the towers across the street from my Wall Street Journal office.

A minuscule by comparison frail aluminum airliner hit one massive steel tower and then another aluminum airliner hit the other. There were some plumes of orange outside the buildings. Then approximately after one hour, less in one case, more in the other, the two towers exploded floor by floor as they fell into their own footprint.

This was precisely the way the news anchors described what I was seeing. “It looks exactly like a controlled demolition,” the news anchors reported. And indeed it did. As a Georgia Tech student, I had witnessed a controlled demolition, and that is what I saw on television, just as that was what the news anchors saw.

Later that day Larry Silverstein who owned, or held the lease on, the World Trade Center, explained on TV that the free fall collapse in the late afternoon of the third WTC skyscraper, Building 7, into its own footprint was a conscious decision to “pull” the building. Pull is the term used by controlled demolition to describe a building wired with explosives to be destroyed. Building 7 had not been hit by an airliner and suffered only minor and very limited office fires. Silverstein’s statement was afterward corrected by authorities to mean that the firemen were pulled from the building. However, many videos show the firemen already out of the building with the fireman stating that the building was going to be brought down.

As there is no doubt whatsoever that Building 7 was wired for demolition, the question is why?

Because Americans are an insouciant and trusting people and confident of the inherent goodness of their country, years passed before even experts noticed that the official story stood in total contraction to known laws of physics, was in total contraction to how buildings collapse from asymmetrical damage, and could not have collapsed due to being hit by airliners as the buildings met all code requirements for withstanding airliner collusions. Many did not even know that the third skyscraper, Building 7, had collapsed.

Professor Steven E. Jones, a professor of physics at BYU, was among the first to see that the official story was pure fantasy. His reward for speaking out was to have his tenure contract bought out by BYU, many believe under orders from the federal government backed up with the threat that all federal support of science at BYU would be terminated unless Stephen Jones was.

Cynthia McKinney, a black woman who represented a Georgia congressional district in the U.S. House of Representatives was either much brighter or much braver than her white colleagues. She raised obvious questions about 9/11, questions begging to be asked, and lost her seat.

Approximately five years after 9/11, San Francisco architect Richard Gage noticed that the three WTC buildings did not fall down in any way consistent with the official explanation. He formed Architects & Engineers for 9/11 Truth, currently about 3,000 members. This group includes high-rise architects and structural engineers who actually are experienced in the construction of skyscrapers. In other words, they are people who know what they are talking about.

These 3,000 experts have said that the official explanation of the collapse of three skyscrapers stands in contradiction to known laws of physics, architecture, and structural engineering

In other words, the official explanation is totally impossible. Only an uneducated and ignorant public can believe the official 9/11 story. The U.S. population fits this description.

A&E for 9/11 Truth is gradually gaining assent from architects and engineers. It is very difficult for an architect or engineer to support the truth, because the American population, which includes patriotic construction companies, whose employees fly American flags on their trucks, don’t want to hire architects and engineers who are “enemies of America aligned with Arab terrorists.” In America, if you tell the truth, you are in great danger of losing your customers and even your life.

Think now about physicists. How many physics faculties do you know that are not dependent on federal grants, usually for military-related work? The same for chemistry. Any physics professor who challenged the official story of 9/11 with the obvious fact that the story contravenes known laws of physics would endanger not only his own career but the careers of his entire department.

Truth in America is extremely costly to express. It comes at a high cost that hardly any can afford.

Our masters know this, and thus they can dispense with truth at will. Moreover, any expert courageous enough to speak the truth is easily branded a “conspiracy theorist.”

Who comes to his defense? Not his colleagues. They want rid of him as quickly as possible. Truth is a threat to their careers. They can’t afford to be associated with truth. In America, truth is a career-killing word.

In America, truth is becoming a synonym for “Russian agent.” Only Russian Agents tell the truth, which must mean that truth is an enemy of America. Lists are being prepared of websites that speak truth to power and thus are seditious. In the United States today people can lie at will without consequence, but it is deadly, to tell the truth.

Support A&E for 9/11 Truth. These are heroic people. 9/11 was the manufactured excuse for the neoconservatives’ 16 years of war crimes against millions of Muslims peoples, remnants of which now seek refuge in Europe.

Neoconservatives are a tiny number of people. No more than a dozen are of any consequence. Yet they have used America to murder millions. And now they are fomenting war with Russia, China, Iran, and North Korea. The world would never survive such a war.

Are Americans so insouciant that they will stand aside while a dozen neoconservatives destroy the world?

Via Paul Craig Roberts

Featured Image: Dennis Leung/Flickr

One of the best 9/11 discussions ever with Eddie Bravo & architect Richard Gage

(INTELLIHUB) — Architect Richard Gage joins Eddie Bravo to talk about the September 11th, 2001, attacks on the World Trade Center and some of the technical details which led to three separate buildings falling at near freefall speeds that day.

The conversation goes far but fails to mention the use of nuclear and barometric bombs, as reported by Intellihub’s Shepard Ambellas.

Further Reading:

©2017. INTELLIHUB.COM. All Rights Reserved.

Technical Analysis Is Garbage (Video)

By EconMatters

We discuss in this video why Technical Analysis is completely useless right now at these elevated levels in the Financial Markets. It literally all comes down to one thing, who is the big seller that chickens out first.

You can throw all that Technical Analysis Garbage out the window, everything can be reduced to the first big player that decides to take profits, starts the entire stampede out of the market. Technical Analysis isn`t going to give you the heads up, in fact it will come without any notice at all, the player just makes the move, that they want to be first, and everybody else is left dealing with the consequences or ramifications of the fact that they are at best second to exit.

I have seen it start quietly overnight in Asia, after the European Close, after an awful job`s report, an ECB Meeting, a Political Event. But these are just the excuses for the selling, it all comes down to a game of chicken, making your move first before the music stops, and the bagholding game begins in earnest.

© EconMatters All Rights Reserved | Facebook | Twitter | YouTube | Email Digest | Kindle    

Why February May Be An Ugly Month For Markets: Here Are BofA's "Danger Signals"

With the S&P500 ending January on the back foot, more pain may be in store for markets in February.

This is the observation of BofA"s chief technician Stephen Suttmeyer, who provides several danger signals why bulls may want to be particularly cautious ahead of the coming months.

As he notes, the post-Presidential Election S&P 500 rally has done better than the post-Brexit rally, but there are warning signs moving into February just as there were coming off the mid-August post-Brexit S&P 500 peak.

These include complacent VXV/VIX and put/call ratios, a bearish divergence for the US most active advance-decline line, and a Net Tab sell signal. In addition, there is the risk of a weaker
February based on seasonals and the US Presidential Cycle Year 1 pattern going back to 1928. A close below 1.17 on the VXV/VIX as well as a cross for VIM Distribution above VIM Accumulation would increase the risk for following weaker February seasonals.

Of the items listed, we find the seasonal argument most persuasive. While February tends to be a weaker month for the S&P 500 in general and is up only 52.8% of the time with an average return of -0.05% going back to 1928, February is particularly weak in the first year of a presidential cycle: in that case February is up only 41% of the time with an average S&P 500 decline of 2.10%. Even more troubling, when the President is in his first term, February of Year 1 is up only 23% of the time with an average decline of 3.84%.

And then there are the purely "overbought" technicals, chief among which is the VXV/VIX ratio. As Suttmeyer notes, the VXV/VIX is overbought & complacent. The VXV/VIX spiked at oversold levels below 1.0 low on Brexit in late June and ahead of the US Election in early November. Overbought readings can persist and the VXV/VIX has been overbought for the most part since mid November. However, it could go even higher, and would take a decisive move below 1.17, similar to the bearish late August/early September signals, to suggest the risk of a deeper decline in the S&P 500.

Then, there is the 25-day CBOE total put/call ratio which generated a buy signal off the contrarian bullish or fearful levels associated with the US Presidential Election. However, since then this measure of tactical market sentiment moved to overbought in mid December and is on a sell signal off these overbought or complacent levels, which is a risk for February.

Finally, one last tactical concern moving into the weaker seasonal month of February is a bearish divergence on the US Top 15 Most Active A-D line. A bearish divergence occurs when an indicator peaks before the market does. A 12/27 peak for the most active A-D line vs a 1/25 peak for the S&P 500 is a bearish divergence (yellow light) for this important market breadth (and volume) indicator. The most active A-D line measures the breadth of the top 15 US stocks (market cap > 500m) by share volume. When this A-D line falls ahead of the market indices, it suggests that smart money may be selling into strength.

So while a further pullback may be imminent, BofA leaves on a hopeful note: "Many indicators support buying into dips", such as NYSE A/D line, a bullish MACD, Dow Theory still is confirming a buy signal, as well as global breadth which still remains bullish.