Afternoon Notes - 3/23/2022 | Archimedes Methodologies

Me Buying One Last Dip This Morning

Good Afternoon:

My first question this afternoon – is Joe Biden reading these pages???

“You know, we are, I believe, we are at an inflection point in the world economy. Not just the world economy, the world. It occurs every three or four generations. and now’s the time when things are shifting. There’s going to be a new world order out there. And we’ve got to lead it. We’ve got to unite the rest of the free world into it.” Joe Biden 3/22/2022.

But Joe, how will that happen when you sanction the entire world through your ill-advised, gigantic cancellation of Russia? Canceling Russia isn’t like canceling Joe Rogan. You and your cancel culture minions might be way ahead of yourselves.
Note to self Joe, cancel Putin from YouTube and Twitter too.
Also, please read up on the Fourth Turning and why it happens. You are the cause, not the cure. Need I mention that spoiled brat of yours – Hunter?
Joe, you are driving the Russian people right into Putin’s arms, not to mention China and many other countries. They won’t forget you or us, Joe – and they won’t hold fond memories. Name a country or leader where U.S. sanctions have achieved the intended aims?
Oh, and Joe, that Democracy guy over there – Zalensky? He just shut down all of his competing political parties and all unfriendly television stations and media. It is one-party rule in Ukraine now. Marshall law and all that – kind of like Covid emergency powers? Is that Democracy, Joe? I guess it must be because you and your Great Reset buddies are trying to do the same thing here.
Speaking of Joe Rogan, here is what he said today: “They were talking about the massive corruption of Ukraine, and how horrible it was over there. And now, all of a sudden, they’re looking at it like they’re heroes.”
It reminds me of what former Defense Secretary Bob Gates said about Biden; he’s “been wrong on nearly every major foreign policy and national security issue over the past four decades.”
OK then, if Joe is reading my notes, I will try to be kinder to him after this…
But Joe – we don’t want the damn new world order you just learned about led by that Klaus Barbie character – I mean Klaus Schwab, the Great Reset guru – OK?
Besides wanting to take all our stuff, Klaus looks like a Nazi or the bad guy in a James Bond Movie. You can’t make this up.
And he has the Schulz (from Hogan’s Heroes) accent going; “I know nothing, nothing!”

How about this Klaus, you give me all your stuff then you won’t own anything. Then you will be happy!
But alas, I digress.
The US yield curve continues to say the Fed is making a policy error: inversions are deepening, and more rate cuts are being priced in further down the line.
Stocks are generally holding up on the view that the Fed won’t or can’t raise rates as promised. My best wishes they are right.
If the world order is being restructured, we are talking about sanctions, tariffs, price controls, rationing, barter, countertrade, and offsetting.
Won’t capital controls be part of that hypothetical package if that is what is required to maintain leadership of the free world?
Freedom isn’t free, and freedom isn’t free money.
What a fun mess is metastasizing out in la-la land.
Oh, and I forgot to tell you, he is back!

Are Fauci and Klaus cousins? I can’t seem to verify it.
Fauci says he has a new variant.
Does that mean that the Russia/Ukraine conflict is about to end? They don’t have a new “emergency” in place yet? Covid redux ahead?
Note to self, Joe, the election cheating bill failed in Congress, so you need something to get rid of that pesky election coming up in November.
Anyway, Navigator Swing Trader subscribers are back in the market this morning at 90% invested – cash only – with 1/2 SPY at 447.25 and 1/2 QQQ at 351.50. We are keeping stops tight.
The Navigator Algorithm™ has been in a buy signal since 3/15. But I took profits on our first SPY positions a bit early, as they went up so fast. In 20/20 hindsight, I should have kept them. The algorithms are more intelligent than my plain brain.
Today, I was motivated by the SPY clearing the 200-day line, Weekly Mean, and the QQQ clearing its 50-day line. Stops are tight, and we will continue to move them up with the price. We already have a profit locked in.
Learn about the Navigator Swing Trader™ subscription here. You could have paid for it with your gains today.
I thought we were chasing price after the morning entry – but it turned out ok so far. As per Sunday’s Navigator Oracle weekly update, we target the February 2nd high.

Let’s see what happens with our Globex cousins tonight. Tail risks remain, but rumors are that Zalensky is ready to cave to Russian demands.

A.F. Thornton

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Afternoon Notes – 3/23/2022