{"id":106215,"date":"2017-05-19T10:45:25","date_gmt":"2017-05-19T14:45:25","guid":{"rendered":"http:\/\/countingpips.com\/?p=106215"},"modified":"2017-05-19T06:46:34","modified_gmt":"2017-05-19T10:46:34","slug":"conspiracy-buster-edition-the-deep-state","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2017\/05\/conspiracy-buster-edition-the-deep-state\/","title":{"rendered":"Conspiracy-Buster Edition \u2013 The Deep State"},"content":{"rendered":"<div id=\"inves-1228263136\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">May 19, 2017<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p>By <a href=\"http:\/\/WallStreetDaily.com\/\"><u>WallStreetDaily.com<\/u><\/a> <img loading=\"lazy\" decoding=\"async\" class=\"attachment-home-th size-home-th wp-post-image\" style=\"display: block; margin-bottom: 5px; clear: both;\" src=\"https:\/\/s3.amazonaws.com\/wallstreetdailywebsite\/wp-content\/uploads\/2017\/05\/0517_deepstate_feature.jpg\" sizes=\"auto, (max-width: 580px) 100vw, 580px\" srcset=\"https:\/\/s3.amazonaws.com\/wallstreetdailywebsite\/wp-content\/uploads\/2017\/05\/0517_deepstate_feature.jpg 580w, https:\/\/s3.amazonaws.com\/wallstreetdailywebsite\/wp-content\/uploads\/2017\/05\/0517_deepstate_feature-300x155.jpg 300w\" alt=\"Conspiracy-Buster Edition \u2014 The Deep State\" width=\"580\" height=\"300\" \/><\/p>\n<ul>\n<li>The Deep State is meddling in Europe.<\/li>\n<li>An unusual bottleneck of fresh capital.<\/li>\n<li>What you don\u2019t know about binary events.<\/li>\n<li>Also recommended: <a href=\"https:\/\/pro.agorafinancial.com\/m\/679921\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>June 8 Could Save Your Retirement.<\/strong><\/a><\/li>\n<\/ul>\n<hr \/>\n<p>Thank goodness it\u2019s Friday in the <em>Wall Street Daily Nation!<\/em><\/p>\n<p>On Fridays, I abandon long-winded analysis in favor of carefully selected graphics.<\/p>\n<p>Sometimes charts can say things that words cannot.<\/p>\n<p>But don\u2019t let my brevity fool you.<\/p>\n<p>Your feedback says that Friday\u2019s edition is our must useful column of the week.<\/p><div id=\"inves-3813230923\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<p>So yes, picture books can be educational for adults, too!<\/p>\n<p>And here\u2019s the latest proof\u2026<\/p>\n<h2 class=\"subhead\">Massive One-Day Gains Dead Ahead<\/h2>\n<p>Is the Deep State active in European affairs, too?<\/p>\n<p>Here\u2019s what we know\u2026<\/p>\n<p>A wave of fresh capital is flooding into Europe ahead of <strong><u><a href=\"https:\/\/pro.agorafinancial.com\/m\/679921\" target=\"_blank\" rel=\"noopener noreferrer\">Britain\u2019s Snap Election on June 8<\/a><\/u><\/strong>.<\/p>\n<p>Some believe that the Deep State wants to kill Brexit.<\/p>\n<p>I\u2019ll concede that an \u201cemergency election\u201d is extremely odd.<\/p>\n<p>Either way, the Snap Election is ready to decide Brexit\u2019s fate.<\/p>\n<p>But the results could also trigger a massive one-day gain using \u201cChurchill\u2019s Ladder.\u201d<\/p>\n<p>If you missed my <strong><u><a href=\"https:\/\/pro.agorafinancial.com\/m\/679921\" target=\"_blank\" rel=\"noopener noreferrer\">exclusive webcast on Churchill\u2019s Ladder<\/a><\/u><\/strong>, you\u2019re time is running out \u2014 I\u2019m pulling the plug on Tuesday.<\/p>\n<p>According to data from Bank of America Merrill Lynch, investors poured $6 billion into European stocks last week.<\/p>\n<p>That\u2019s a record amount!<\/p>\n<p class=\"centered\"><img decoding=\"async\" class=\"centered aligncenter\" src=\"https:\/\/s3.amazonaws.com\/wallstreetdailywebsite\/wp-content\/uploads\/2017\/05\/equityfund_chart3.png\" alt=\"Weekly equity fund flows in Europe\" \/><\/p>\n<p class=\"centered\">It\u2019s not just stocks that are getting gobbled up. Data shows a healthy appetite for investment grade bonds, high-yield bonds and fixed-income funds, as evidenced by an eighth consecutive week of inflows.<\/p>\n<p>So will Brexit die or not?<\/p>\n<p>That question sets the stage for two outcomes on June 8\u2026<\/p>\n<p>Outcome #1 \u2014 Brexit is dead, and the market crashes and burns.<\/p>\n<p>Outcome #2 \u2014 Brexit lives, sparking a huge rally heading into the summer.<\/p>\n<p>But since <strong><u><a href=\"https:\/\/pro.agorafinancial.com\/m\/679921\" target=\"_blank\" rel=\"noopener noreferrer\">Churchill\u2019s Ladder extends in both directions<\/a><\/u><\/strong>, you could win either way.<\/p>\n<p>The last time this happened \u2014 the day Fed Chairman Yellen announced the first rate-hike in nearly 10 years \u2014 Churchill\u2019s Ladder put 436% gains on the table.<\/p>\n<p>I\u2019m projecting gains as high as 1,000% on the Snap Election.<\/p>\n<p>To view the details, <strong><u><a href=\"https:\/\/pro.agorafinancial.com\/m\/679921\" target=\"_blank\" rel=\"noopener noreferrer\">click here<\/a><\/u><\/strong>.<\/p>\n<h2 class=\"subhead\">Volatility Returns with a Vengeance<\/h2>\n<p>We hate to say we told you so\u2026 but, we told you so!<\/p>\n<p><a href=\"https:\/\/www.wallstreetdaily.com\/2017\/05\/12\/strange-disappearance-gets-debunked\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Last week<\/strong><\/a>, we noted the ridiculously low level of volatility in the market. You\u2019ll recall, the so called \u201cfear gauge\u201d \u2013 the CBOE Volatility Index or VIX \u2013 dropped within spitting distance of its lowest level on record.<\/p>\n<p>I warned, \u201cIt\u2019s only a matter of time before volatility returns.\u201d And it already did!<\/p>\n<p>The VIX soared 46% in a single day this week. It\u2019s up over 60% since the May 9 low. And yet, we\u2019re still not back to elevated levels (above 20).<\/p>\n<p class=\"centered\"><img decoding=\"async\" class=\"centered aligncenter\" src=\"https:\/\/s3.amazonaws.com\/wallstreetdailywebsite\/wp-content\/uploads\/2017\/05\/bloomberg_chart2.png\" alt=\"CBOE Volatility Index\" \/><\/p>\n<p>Clearly, investors are on edge again. But our advice remains the same: Don\u2019t join the panic.<\/p>\n<p>Instead, speculators should consider going long the VIX. (Those who\u00a0did last week are sitting on tidy profits already).<\/p>\n<p>Everyone else needs to make sure you have trailing stops in place to protect your profits and principal.<\/p>\n<h2 class=\"subhead\">Bitcoin Boom\u2026 And Bust?<\/h2>\n<p>The world\u2019s most popular cryptocurrency is gaining ground quickly.<\/p>\n<p>Bitcoin hit a fresh all-time high yesterday on hopes the SEC will reverse its previous decision to reject the first bitcoin exchange-traded fund.<\/p>\n<p>Documents in support of the ETF were due on Monday. So the SEC\u2019s latest ruling on the issue can hit any day now.<\/p>\n<p class=\"centered\"><img decoding=\"async\" class=\"centered aligncenter\" src=\"https:\/\/s3.amazonaws.com\/wallstreetdailywebsite\/wp-content\/uploads\/2017\/05\/bitcoinprice_chart2.png\" alt=\"1-year price chart for Bitcoin\" \/><\/p>\n<p>According to a recent poll, 65% of investors expect the agency to uphold its initial rejection. But we\u2019ve learned from the Presidential Election not to put too much hope and trust in poll data.<\/p>\n<p>In the end, this is a classic binary event \u2013 like <strong><u><a href=\"https:\/\/pro.agorafinancial.com\/m\/679921\" target=\"_blank\" rel=\"noopener noreferrer\">Churchill\u2019s Ladder<\/a><\/u><\/strong> opportunity I mentioned above.<\/p>\n<p>A favorable ruling promises to send Bitcoin to new highs, whereas an unfavorable one promises to send the cryptocurrency crashing and burning.<\/p>\n<p>That\u2019s precisely what happened in March when the SEC issued its first ruling. Prices plunged 15% in a blink.<\/p>\n<p>Ahead of the tape,<\/p>\n<p>Louis Basenese<br \/>\nChief Investment Strategist, <em>Wall Street Daily <\/em><\/p>\n<p>The post <a href=\"https:\/\/www.wallstreetdaily.com\/2017\/05\/19\/conspiracy-buster-edition-deep-state\/\" rel=\"nofollow\">Conspiracy-Buster Edition \u2013 The Deep State<\/a> appeared first on <a href=\"https:\/\/www.wallstreetdaily.com\" rel=\"nofollow\">Wall Street Daily<\/a>.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By WallStreetDaily.com The Deep State is meddling in Europe. An unusual bottleneck of fresh capital. What you don\u2019t know about binary events. Also recommended: June 8 Could Save Your Retirement. Thank goodness it\u2019s Friday in the Wall Street Daily Nation! On Fridays, I abandon long-winded analysis in favor of carefully selected graphics. Sometimes charts can [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-106215","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/106215","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=106215"}],"version-history":[{"count":3,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/106215\/revisions"}],"predecessor-version":[{"id":106222,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/106215\/revisions\/106222"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=106215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=106215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=106215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}