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Wild Swings Ahead, Buckle Up!
We did not hit my lower target and the set up looks like a quick early plunge to ~ SPX 7563 Friday ending at 7769! A gap up to 7883 by Monday, followed by a 2 TD drop into Oct 28 to SPX 7388. By Nov 4, tagging 8047 THE top before a crash into early Dec. Crazy stuff coming!
The Sun trine The North Nodes set this up to the downside and we are going into some wild swings as we have both Mercury Rx and Venus Rx ahead. Late tomorrow, Venus Rx conjuncts the Sun at 0 degrees 45 minutes as the Sun enters Scorpio, a major low and a high right next to each other going into Mercury Sta/Rx the full moon in Scorpio and the Sun sq. Pluto followed by a 6.3% drop into the FED day all within 3 trading days! Low to high tomorrow 2.7%, altogether up 4.2% into early Friday to early Monday then down 6.3% into early Wednesday then up 8.9% into November 4, 5 trading days followed by a 40% crash into early December with plenty of wild swings in between. Buckle up buttercup, things are about to get wild!
The cycles and wave action agree.
Nov 4, 2026 5:31 AM Venus Rx 24 Libra 44 sextile Jupiter 24 Leo 44 High
Nov 4, 2026 9:24 AM Sun 12 Scorpio 11 conjunction Mercury Rx 12 Scorpio 11 Previous Day Low
This is 7 trading days later. Very similar action Nov 3-4 to Oct 23-26
How many probabilities that Iran war escalates before ele...
The financial media system is building a wall of worries, but really is it probable that the war escalates before November ? To me it won't.
Important Bottom Today
7611/12 SPX should hold based on current momentum with last Friday's down move. We are on track for a mid session low about 3 hrs into the session.
This move looks to create a massive POS D (positive momentum divergence) that gives us a [y] of Y, third of a third massive positive impulse into Monday, most of that thrust momentum will likely be into late Friday.
Friday will likely gap up slightly. Monday will also likely gap up. Y of {Z} will end then we see Z of {Z} into Wednesday where I believe we tag the SPX 7388/89 level.
94 Views · 2 Replies ( Last reply by blustar )
the market path I would expect in coming months
it's the DAX, but I would expect the same for the whole western Europe, because to me that is the path that the leading US market might follow. Top in Spring. Will I be right, will I be wrong ?
Time will tell. It's just a possibility, not a prediction.
87 Views · 2 Replies ( Last reply by andr99 )
The other night on Fast ,Dan Nathan was talking
about Meta's off balance sheet transactions which are usually found in the notes to financials, I forget what he said, so I'll just give you what I found. Data center leases signed but not in effect are about $340 billion, $80 billion of that is just since July. There are another $348 billion of non cancelable purchase commitments, $81 Billion comes due in 2027. Laura Martin says if they come clean with $628 Bill. in off balance sheet debt Meta's PE ratio will rise 35%. You have to see what they say this quarters earning were taxed at.a tax swing gave them a -5% rate for the first half.
Their auditor sees it fit to cover their @sses;
Hyperion: debt kept off the books
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The Louisiana data center ("Hyperion") sits in a joint venture with Blue Owl funds. Meta owns 20% and does not consolidate it, so the venture's debt is not on Meta's balance sheet.sec
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Meta still guarantees the buildings' resale value up to about $28 billion. It says payment is "not probable" and has recorded no liability. Its own stated maximum loss on the venture is $46.03 billion, against a $2.92 billion investment on its books.sec
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Meta's auditor, Ernst & Young, flagged this accounting as a "critical audit matter" in the 2025 annual report, meaning it took significant judgment to sign off on.villpress
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Meta repeated the setup in July for an El Paso campus with BlackRock: another 20% stake and about $13 billion more in value guarantees.
It looks like Zuckiemonster went to the Jensen Huang School of Accounting.
Starting January 2025, Meta assumes most servers last 5.5 years. That cut 2025 depreciation by $2.92 billion and raised net income by $2.59 billion, or $1.00 per share. IT IS INTERESTING TO NOTE THAT AMAZON IS NOW GOING THE OTHER WAY ON THIS AND SHOTENED SERVER LIVES. Construction depreciation rose from $50.5 Bill to $80.3 Billion.
90 Views · 2 Replies ( Last reply by slupert )
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