Inflation is over, the Orwellians retained Power, and Everything is fine, Dear… 11/15/2022

Good Morning:

• I overslept this morning in a rarity so infrequent I cannot remember the last time it happened.
• I have been burning the midnight oil on several breakthroughs in our algorithms to automate day trading and will have some exciting announcements soon.
• Futures have bounced back toward 4420 (440 SPY) on a less negative (than expected) wholesale inflation report (PPI).
• Likely due to the anticipated report, our current volatility estimate today is high at +/- 1.54%. 
• Further, there remains a heavy negative gamma position in both SPY & QQQ. The 400 SPY and 4000 SPX are the interim floors we are watching now as support. Resistance holds at the 4050 line.
• The abovementioned levels remain the main feature of the S&P 500 index layout through Friday’s expiration.
• If my crystal ball continues to serve us well, we still see the market moving up to 4100-4150 before the next trip down to the valley at 3000 or so.
• For now, the market is short-term overbought, but the options complex gives it a slight bullish edge through Friday’s monthly expiration. Look for pinning around 4000 for the rest of the week.
• After Friday’s expiry, what should we expect? Well, one only needs to ask voters:

• • More crime,
  • No more prisons or prisoners,
  • Skyrocketing energy prices,
  • Skyrocketing inflation,
  • A recession followed by a depression and ravaging deflation,
  • No more free speech,
  • A disastrous withdrawal from Ukraine in favor of War with China over Taiwan and war with North Korea, Iran, and Russia,
  • Nuclear War (don’t worry, it is survivable, Lol),
  • More plandemics plus untested and mandatory shots to kill people,
  • A false flag EMP attack (the same people who rehearsed the plandemic a month before it hit have been rehearsing an EMP attack),
  • A shortage of candles, Weber Grills, wood, and charcoal,
  • More oppression of small farmers and centralization of food and water supplies,
  • More cricket sandwiches,
  • More altered plants and food,
  • New models of horses and buggies,
  • Abandoned cars converted to housing,
  • New non-farting horses,
  • Open borders,
  • More corruption, including a corrupt judiciary, DOJ, and FBI,
  • More surveillance state,
  • Less free speech
  • More attacks on those terrible domestic terrorist parents,
  • More grooming and sexualization of children,
  • The return of serfdom and slavery, 
  • Reducation camps,
  • An indictment of former President Trump,
  • Indictment and jailing of that troublemaker Elon Musk,
  • World War III, 

and many more issues I have likely forgotten.

I know the majority wants all of this, and they voted for it. But apparently, I don’t run in those circles because I have never met one of these voters. Nevertheless, I look forward to meeting these comrades and learning more about how this works for the greater good.

I know I am carping, but learning that the Orwellians funded their midterm elections with American taxpayer money laundered through Ukraine to Sam Friedman and the fraudulent FTX Crypto Exchange – only to come back to the Democrat Party in the form of $40 million in midterm campaign contributions set me off this morning.

No trading room today, as I need to get the video done and out. I will be in the room every other day this week, beginning tomorrow.

A.F. Thornton