IBB Biotech ETF Weekly Chart; Overbot; Rising Wedge; Negative Divergence; Pharma Stocks Are Bloated Despite Obesity Treatments

The IBB ETF is a moon shot over the last year mainly due to the fat shots and now fat pills for treating overweight and obese Americans, and there are a lot of them. 80% of Americans are overweight according to the BMI that all these same people will say is an unrealistic indicator. Of course they say that because they are fat. In modern day society, you can stuff your pie hole full of, well, pie, cake, cookies, hotdogs, white bread, potato chips, corn chips, chocolate, doughnuts, candy, and wash it all down with soda pop, and then pop a fat pill and you're good to go.

Keystone worked with a guy many years ago that was overweight with a heart condition but everyday would eat a big greasy McDonalds or Wendy's hamburger, with fries so tasty the grease would stick to your face for a few hours, and a large soda. One day another guy in the office, genuinely concerned about the other man's health, asked him, "Dave, should you be eating that food with your health?" Dave laughed and said no problem because he just popped a Lipitor (statin drug). This is what we have become.

For the fat shots and fat pills, a lot of the folks that wanted them, and could afford them, probably have already done so. That may be the reason the chart is topped-out on the weekly basis. Hopefully, people find success with the treatments and lose weight but it would be healthier to simply eat less and exercise more. People are too impatient nowadays and do not want to do the long work and daily maintenance to remain healthy. A shot or pill is easier between bites of Oreo cookies. You're So Impatient.

Keystone knows two people that were on the fat shots for a couple months or so and stopped. The lady said the treatment made her nauseous and she had the sh*ts. The guy said the shots upset his stomach, same type of thing, some diarrhea, and after he stopped he gained back what little weight he lost and he added another five pounds on top of that. Maybe other folks are having better success. The pharma companies that make the obesity treatments should buy adult diaper companies. They seem to go hand and hand.

Anyhoo, the chart is topping out with a rising wedge pattern, overbot conditions and negative divergence as shown by the red lines (price continues higher but ALL the chart indicators are sloping lower, negatively diverging from price, broadcasting loud and clear that they are out of gas and cannot take that fat bloated price any higher). The expectation is for a multi-week drawdown to begin for IBB.

If you put 10K in IBB a year ago, you have 17K now. Take the money and run. The daily chart is chopping along for three months at 167.5-177.5. That 167.5 support is important; take heed if that fails. The daily chart hints at more sideways slop. Ditto the 2-hour chart.

Price may churn on the weekly chart above moving sideways with a downward bias but not making strong headway lower for a week or two more. Investors and traders are bulled-up about fat shots and fat pills probably because they are overweight and/or obese, so they will be anxious dip-buyers. Keystone is not long or short IBB but will watch it and see if a nice place to enter short develops over the coming days. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.

UTIL Utilities Daily Chart; AI Fuels Massive Rally in Utility Stocks

Widows and orphans are dancing in the street. Utilities were always known as a safe stock play. Utes were steady dependable slowly growing stocks that provide a dividend so they were well suited as a place to park money for the widows and orphans. Times change, however, especially nowadays.

Utilities are overdosing on Viagra. The catapult move higher is ridiculous and obscene, especially for utility stocks, but the data centers and power needs going forward are the top concern for the AI race. The artificial intelligence stuff is hyped by who? All the tech companies and tech bros. They are talking their own book. Until business applications can actually show in concrete number terms the savings provided by the AI hype, it is all fantasy.

It is telling that the key enterprise resource software company SAP ran into trouble a week ago, as did other tech companies that provide technical business solutions to increase productivity. These are the companies that must provide the AI applications that actually increase efficiency and make all the AI garbage worthwhile. AI is a data aggregator and large language model that carries out tasks super fast. What is all the excitement about? One in eight Americans are Luddites not using computers for their daily lives either due to being poor or by preference; AI will not change their lives dramatically. We are three years and a lot more into this AI carnival ride. As the old Wendy's commercial said, "Where's the beef?"

Like commodities that experience parabolic spikes higher, the price spikes come down to earth just as fast but the question is always where they will top-out. Price has momentum so there is likely some more upside ahead. Price came up for a new record high for UTIL, or DJU, at 1171.18 on Friday the 13th. Price did not take out the all-time high at 1180.65 on 10/16/25, yet.

Utes are no longer viewed as defensive 'widow and orphan' stocks to play due to the AI fervor. The drop in yields on Friday after the inflation data also rallies utilities. Most utility projects (think big power plants) are long-term involving billions of dollars, AI is a case in point, so rates and yields are important for funding and taking on debt.

The stock market becomes crazier by the day. Utilities are now viewed as growth stocks. Pause for laughter. The utility and electrical bills are going to become a bigger and more important deal as the mid-term elections approach in November. Screw all the AI *ssholes. Let them pay for the higher utility costs that are showing up in everyone's bills. The tech companies will make all the money from AI as they further screw the American people sticking them with the electric bill.

The utility picture going forward is a hot-button issue and King Donnie will be pressured to do something. America is a nation of 30 million wealthy people screwing 300 million peons. The rising utility bills problem is more gasoline being thrown onto the burning crony capitalism dung pile.

The green lines show the positive divergence set-up in December so the bottom call was easy. The blue lines show a cup and handle (C&H) pattern that targeted 1150-ish that has been satisfied. A 2-leg bull flag is also there but was not shown since the chart would turn into spaghetti. The dark blue bars show the first leg from 1050 to 11 hundo so that is 50 difference. The sideways consolidation occurs with a downward bias in January, textbook for the pattern, and then the second leg starts at 1075-ish so that targets 1125-ish that was easily achieved.

The chart indicators remain long and strong although the RSI and stochastics are overbot agreeable to a pullback in the daily time frame. You have to wait for neggie d to form, however, if you want to attempt a short. It is best to simply watch it for a while. Keystone is not trading utes long or short right now but will likely think about a short going forward when the charts set up with neggie d. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.

UST10Y 10-Year Treasury Note Yield Weekly Chart; Sideways Symmetrical Triangle

The sideways symmetrical triangle for the 10-year US Treasury note yield was previously mentioned. Here is a tighter view to see what is going on. It is a textbook sideways symmetrical triangle pattern so far. The vertical side is from 3.5% to 5.0% or 150 basis points. The top rail of the triangle representing a breakout in yield higher (notes and bonds sell off sending price lower and yield higher) is at 4.23% where it was playing around for a couple weeks.

The bottom rail break down in yield lower (notes and bonds are bot sending price higher and yield lower) is at 4.10%. Lo and behold, that is where yield sits now making the critical bounce, or die, decision.

The breakout higher out of the triangle at 4.23% would target 5.73%. Holy smokes. No one is ready for that drama.

The break down lower out of the triangle at 4.10% would target 2.60%. That probably comes with a collapse in the stock market. Hey buddy, can you spare a dime?

Perhaps tomorrow, Friday the 13th, the 10-year yield will show its hand and make a decision on exiting the triangle making some folks lucky, and some unlucky. Bad Luck by Social D. 13's my lucky number, to you it means stay inside, my black cat crosses your path, no reason to run and hide, are you always scratching at the 8-ball? You got, bad, bad luck, you got! Nice wife-beater tee-shirt. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.

Note Added 2/13/26, at 5:35 AM EST: It is Friday the 13th so walk softly today. The 10-year yield slips below 4.10% for a flash but buoys back up to 4.12% preferring to stay within the apex of the sideways triangle. Yield is running out of room, however, so it is time to make a decision. Inflation data drops in less than 3 hours that will impact yields.

Note Added 2/14/26: The 10-year yield falls out of the triangle after the inflation data. The 10-year yield falls to 4.05%. A back kiss will likely be needed at 4.10%-4.11% to make sure that down is the direction forward for yields. It is a significant development. Watch it closely over the coming days to see if the down move in yields is sustainable going forward.

Keybot the Quant Turns Bearish

Keystone's proprietary trading robot, Keybot the Quant, flips back to the short side today at SPX 6941; the stock market choppy slop continues. Utes are creating positivity while retail stocks, banks and volatility create negativity. Let's see if the bears got game or if they will fold like a cheap suit.

Keybot the Quant

SPX S&P 500 Daily Chart; US Monthly Jobs Report 2/11/26

The big day is here. You can hear the calliope so the US Monthly Jobs Report circus is back in town. The jobs number was supposed to be released on Friday but the incompetent jackasses in government and at the BLS had to wait 5 more days to assemble the information. In Keystone's day, it was American excellence or you lost your job; nowadays American mediocrity is good enough. It is now a nation of 'that's good enough' lazy b*stards.

The labor recession that started 9/8/23 is now almost 2-1/2 years along. Here is a link to the latest labor recession chart and analysis on what to expect today. The unemployment rate matters. A big jump higher in the rate will signal economic pain but stocks may rally since more Fed easy money will be printed to protect America's wealthy class. A move lower in the unemployment rate signals a stronger labor picture than expected and may cause stocks to pull back since the Federal Reserve will take away the easy money punch bowl that enriches the wealthy have's. The wages also matter since they feed into inflation.

The week has been on hold awaiting the jobs numbers out in about 4 hours and the regular US trading session begins in about 5 hours. Futures are up now but that is meaningless with the jobs drama on tap. Donnie and Bibi are meeting today in Washington, DC, to discuss Iran so this will serve as today's presidential reality television show episode. King Donnie told the Iranians to keep protesting because Help Is on the Way. Sure it is. Iranians were not dumb. They went home instead of getting gunned down in the street waiting for Trumpski to help; it is like waiting for Godot, ask Ukraine.

Dufus phony Donnie will help Iran like he helped Ukraine. In other words, Trumpski will do nothing unless there is something in it for him personally such as a foothold in future real estate projects in Russia or receiving media acclaim for an action in Iran. King Donnie is all about putting on a daily media show so a strike may occur on Iran in the hours ahead because tomorrow is Lincoln's Birthday. Also, it may catch Iran off guard because they may think nothing will happen for a few more days because Bibi is in Wahington, DC. Then the orange head will proclaim that he stopped another war and he did it on Lincoln's Birthday. Isn't it nauseating?

Anyhoo, nothing's changed with the charts. The stock market is a bloated piece of excrement that should already be making its way far lower. Each negative divergence spankdown is stick-saved with happy talk or weak data that will encourage more rate cuts (easy money that is pumped into the stock market making the rich more filthy rich). It does not change the technical negativity. It is like putting off the trip to the dentist. The drill awaits you it does not matter if you put off the appointment for another week.

The red rising wedge pattern is bearish and very ominous. A huge drop would be expected from the pattern and this started last time but once again was stick-saved at the 100-day MA support at 6806. Price also violated the lower band so the middle band was in play and that occurred super quick with the Friday orgy. There is no reason for price to come back up. Blow on it and it should fall down the cellar steps and break its neck. This is why the jobs number is key; it may be the last obstacle in the bear path. We will know shortly.

The red lines show the enduring negative divergence that wants price to make its way lower. The SPX has been moving through 6500-7000 for nearly a half-year. A lousy 7%-ish range of up and down choppy slop. Doesn't it feel like the stock market is in the stratosphere right now when all it has been doing is chopping through slop for the last half year now at the top of the 7% range?

The blue circles show distribution taking place and it is quite a sight when it is called out. The smart money is passing on shares to the dumb money (you) as their surrogates appear on television every day telling you to buy, buy, buy! It is called pump and dump, sucka's. The ADX shows that the last time there was a sliver of verification that the stock market is in a strong trend higher was back in late September early October and that was short-lived. Despite record highs, the stock market is NOT in a strong trend higher.

Note that the Aroon negative cross occurred. Now it is a bigtime battle and the bulls must reverse the cross or there will be trouble ahead. Back in October the negative cross occurred but the bulls quickly saved the day. Will they do it again now or will they clutch their chest and fall over asking for an ambulance?

The chart is a piece of garbage. Ditto the SPX weekly chart. Sentiment remains excessively euphorically bullish and complacent also identifying a major top. Let's see what the BLS bozo's have to offer this morning with the jobs report. Workin' for a Livin'. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.

Note Added 2/12/26 at 5:00 AM EST: The jobs number is better than expected at 130K jobs. The unemployment rate drops to 4.3% and does not spike higher. This means the Fed rate cuts are pushed off further into the future so this easy money, manna from heaven, will not flow directly into to the stock market enriching the wealthy class to new riches, thus, stocks sell off. Keybot the Quant flips to the bear side yesterday but the robot has been flip-flopping this year long and short as the trendless choppy slop in the market continues. The quant calls out VIX 17.24 as a key bull/bear line in the sand. Price was above yesterday creating stock market negativity. Right now, in real-time, the VIX is at 17.26 teasing this level for the last hour. The bulls know that it is mandatory that they pull the VIX below 17.24, otherwise, stocks are going to sell off. Wages rose in the jobs report so that will add to further inflation concerns. Inflation will not increase if wages do not increase, so again, higher wages steer the Fed away from cutting rates. After the Fed's easy money parade started in late 2008, when Bushtard said he had to destroy capitalism to save it, as he handed the keys to the Oval Office to Emperor Obama, Wall Street has been worried about inflation (Fed money-printing creates inflation). The reason inflation was not a worry from 2009 to the 2020's is because wages did not rise any significant amount. The boss gave you a token raise each year, patted you on the head, and told you to get back into that cubicle and get back to work. That story was over after wages started rising and inflation has been a worry since the Biden debacle during the COVID-19 pandemic (he waged war against the US energy complex for the sake of glorified golf carts (EV's), and encouraged obscene Fed monetary stimulus and Congressional fiscal stimulus that handed out checks to Americans telling them to lay around at home and watch television) that sent inflation to the moon. The VIX 17.24 level will tell you if the bears got game. Bulls have no hope going forward unless they push VIX below 17.24. For the next jobs report on 3/6/26, the US labor recession will continue if the unemployment rate remains at 4.3% but the first sign that a labor recovery is beginning, after a 2-/12 year labor recession, will occur if the rate drops to 4.2%. The jobs report in March is bigtime important to see if the US labor recession will end. Fed Chairman Powell is doing cartwheels in the halls of the Eccles Building. His term ends in May so all he has is the March meeting and the end of April meeting that will be the farewell meeting where he can leave everything to the new guy (Warsh). So that only leaves the March meeting and with the jobs data, he can let the rates stay on hold. He is cruising into retirement and doing a few shots of booze to celebrate out of a bottle that he keeps in the lower drawer of his mahogany desk. The calliope is in the garage getting cleaned-up and tuned-up to provide circus music for the next jobs report.

Note Added Friday the 13th at 5:48 AM EST: Stocks drop yesterday and the chart above shows how price came up for the textbook back kiss, or back test, at the lower rail of the triangle, and then collapsed to 6833. The 100-day MA is 6811. Price bounced from the 100 five days ago when it looked like it was end times. The SPX is so close to that critical support again that it will have to show the 100 some respect and touch it, and make a bounce or die decision. Obviously, if the SPX loses 6811, she is going to go down a long ways. Stocks are typically buoyant going into a 3-day holiday weekend.

Note Added Saturday, 2/14/26: The bears came to play with their chests puffed out and drove the SPX south to 6794.55 out of the gate to make a statement. The 100-day MA at 6811-6812 fails. But before you could blink, the buy-the-dip crowd were tripping over each other buying any stock with a heartbeat. The 100-day MA is bigtime support. You will know it is lights-out for stocks for a long time when it fails. So price rallies feeling the joyful buoyancy that typically appears before a 3-day holiday weekend. But during the afternoon, stocks roll over and die. The SPX drops to 6821 only 10 points from the gates of Hell, but alas, the bulls recover and end the day, and week at 6836. The 100-day MA is 6812. Who will win? The drama begins again on Tuesday, or probably Monday evening, if markets are moving due to King Donnie's actions over the weekend.

The Coronavirus Chronology: The Daily Real-Time Historical Record of the Worldwide COVID-19 Pandemic with 1000 Charts by K E Stone

“Coronavirus Chronology: TheDaily Real-Time Historical Record of the Worldwide COVID-19 Pandemic with 1000Charts,” by K E Stone, a 3-volume set, is finally published and available from Amazon.

The United States battled eight infection waves, and the world fought 10 waves, during the COVID-19 pandemic from late 2019 to February 2023. The Coronavirus Chronology with 1000 charts is the only daily real-time historical record of the COVID-19 tragedy. It is the China Virus bible.

Keystone wrote from three to eight hours per day, every day, for three years chronicling the entire covid pandemic. Yes, it is nuts, but in early 2020, an invisible force tapped Keystone on the shoulder and told him to write, so there was no choice. It is great to see the monumental project come to fruition.

It is a massive legacy work, a gift to the United States of America, and will serve as the most valuable resource and reference of the COVID-19 pandemic for decades forward. By studying the past in all its ugly detail, the Coronavirus Chronology will help the world prepare for the next pandemic.

Relive each day of the COVID-19 pandemic tragedy in real-time as events unfolded. You will be astounded at the things you forgot about the pandemic, and you will remember the ugly things that you wanted to forget. The Coronavirus Chronology is the raw unbiased pandemic truth that was recorded in real-time each day of the tragedy without any allegiance to political parties.

CORONAVIRUS CHRONOLOGY VOLUME 1 OF 3

TABLE OF CONTENTS

ABOUT THE CORONAVIRUS CHRONOLOGY

ABOUT K E STONE (KEYSTONE)

COVID-19 PANDEMIC OVERVIEW

READING GUIDE

CORONAVIRUS CHRONOLOGY

2019 SEPTEMBER; Nefarious Activity at Wuhan Institute of Virology in China

2019 OCTOBER; Gates Foundation “Event 201” Simulates a Global Coronavirus Outbreak

2019 NOVEMBER; First Novel Coronavirus Illness in China

2019 DECEMBER; Chinese Doctors Muzzled by CCP

2020 JANUARY; Coronavirus Identified in United States

2020 FEBRUARY; WHO Names Coronavirus ‘COVID-19’; Fear of a Pandemic Escalates Worldwide

2020 MARCH; US and Worldwide Wave 1; WHO Declares COVID-19 a Pandemic; Covid Infections Increasing Exponentially; 200K Cases in America 4.3K Dead

2020 APRIL; 250K Dead Worldwide; 50K Americans Dead

2020 MAY; Over 1.8 Million US Cases 100K Dead; US Unemployment Rate 14.7%; ‘#China Lied People Died’

2020 JUNE; US and Worldwide Wave 2; 10 Million Cases Worldwide 500K Dead; 3 Million Cases in America 130K Dead; New York Governor Cuomo Nursing Home Scandal

2020 JULY; Pandemic Turns Political; 800K Dead Worldwide; 150K Americans Dead

2020 AUGUST; One American Dies Every Minute; Rules Touted for Masks and Social Distancing; Telemedicine Flourishes; 970K Dead Worldwide; 195K Americans Dead

2020 SEPTEMBER; US and Worldwide Wave 3; Trump Admits to Lying About Pandemic to Avoid Creating Panic; 1 Million Dead Worldwide; 220K Dead Americans

2020 OCTOBER; Trump Hospitalized and Recovers; Trump Says ‘Learn to Live with It’; Biden Says ‘We’re Learning to Die with It’; US Exceeds 100K Cases Per Day; 1.3 Million Dead Worldwide; 240K Americans Dead

2020 NOVEMBER; One American Dies Every 30 Seconds; Trump Loses Election to Biden but Will Not Concede; US Exceeds 200K Cases Per Day; 60 Million Cases Worldwide

2020 DECEMBER; Pfizer COVID-19 mRNA Vaccinations Begin; Over 80 Million Cases Worldwide 1.9 Million Dead; Over 20 Million US Cases 380K Dead

2021 JANUARY; COVID-19 Culling the Elderly; 100 Million Cases Worldwide 2 Million Dead; 480K Americans Dead

2021 FEBRUARY; Worldwide Wave 4; 2.5 Million Dead Worldwide; 520K Americans Dead

2021 MARCH; US Wave 4; Vaccine Inequality; Blood Clots; COVID-19 mRNA Vaccine Messaging Changes to ‘Preventing Hospitalization and Death’

2021 APRIL; 100 Million Americans Vaccinated; Breakthrough Cases; Pfizer Says Third Shot Needed; 3 Million Dead Worldwide; India Outbreak (Delta)

2021 MAY; Myocarditis Cases Increase; Monoclonal Antibodies (mAb) Successful Treatment; Fauci Questioned About Funding Gain of Function Research at Wuhan Labs; 3.7 Million Dead Worldwide; 600K Americans Dead

2021 JUNE; US and Worldwide Wave 5 (Delta); WHO Names Variants with Greek Letters; Fauci is ‘Mr Science’

CORONAVIRUS CHRONOLOGY VOLUME 2 OF 3

TABLE OF CONTENTS

ABOUT THE CORONAVIRUS CHRONOLOGY

ABOUT K E STONE (KEYSTONE)

COVID-19 PANDEMIC OVERVIEW

READING GUIDE

CORONAVIRUS CHRONOLOGY

2021 JUNE; US and Worldwide Wave 5 (Delta); WHO Names Variants with Greek Letters; Fauci is ‘Mr Science’

2021 JULY; “Pandemic of the Unvaccinated”; Vaccine Mandates; Censorship; 80% of COVID-19 Deaths Are Overweight and Obese; 4 Million Dead Worldwide

2021 AUGUST; Vaccinated People Spreading Virus; FDA Officials Resign Protesting Rushed Booster Shots; 4.6 Million Dead Worldwide; 670K Americans Dead

2021 SEPTEMBER; Biden 6-Point Plan; Biden Blames Pandemic and Flailing Economy on Unvaccinated; 700K Americans Dead More Than 1918 Spanish Flu

2021 OCTOBER; US and Worldwide Wave 6 (Omicron); Waning Vaccine Effectiveness; Vaccinated Versus Unvaccinated; Testosterone May Play Role in Myocarditis; ‘Disease X’; 250 Million Cases Worldwide 5 Million Dead

2021 NOVEMBER; Biden Is Incompetent at Handling Pandemic Like Trump; Biden Approval Rating Plummets; 50 Million US Cases 820K Dead

2021 DECEMBER; Pfizer’s Paxlovid Pill Approved; 80% of COVID-19 Deaths Are Vaccinated; Breakthrough Cases Escalate; US Life Expectancy Drops from 79 to77; UK “Partygate”; 5.5 Million Dead Worldwide

2022 JANUARY; One American Dies Every Minute; Omicron Cases Peak in US; “Flurona”; “Twindemic”; Trucker’s “Freedom Convoy”; 77 Million US Cases 930K Dead

2022 FEBRUARY; US Wave 6 “Inverted V” or “Ice Pick” Chart Pattern Ending; Russia Invades Ukraine

2022 MARCH; US Wave 7a and Worldwide Wave 7; “Deltacron”; US Vaccination Rate Plummets; China Virus Kills 6 Million Worldwide and 1 Million Americans

CORONAVIRUS CHRONOLOGY VOLUME 3 OF 3

TABLE OF CONTENTS

ABOUT THE CORONAVIRUS CHRONOLOGY

ABOUT K E STONE (KEYSTONE)

COVID-19 PANDEMIC OVERVIEW

READING GUIDE

CORONAVIRUS CHRONOLOGY

2022 MARCH; US Wave 7a and Worldwide Wave 7; “Deltacron”; US Vaccination Rate Plummets; China Virus Kills 6 Million Worldwide and 1 Million Americans

2022 APRIL; Omicron Subvariants; Gridiron Dinner Superspreader Event; Denmark Ends COVID-19 Vaccination Program; 500 Million Cases Worldwide 6.3 Million Dead; 80 Million US Cases 1 Million Dead

2022 MAY; Worldwide Wave 8; Breakthrough Cases Galore; One-Half of US COVID-19 Deaths Are Vaccinated; China in Lockdown Killing Pets as Zero-Covid Strategy Fails; North Korea Outbreak; “Pandemic Treaty”

2022 JUNE; US Wave 7b and Worldwide Wave 9; Global Cases Drop Below 500K Per Day; US Covid Deaths Drop Below 200 Per Day

2022 JULY; Pharmacists Prescribe Paxlovid; Biden Sick with COVID-19 Again and Experiences Paxlovid Rebound; Global Cases Pop Above 1 Million Per Day with 2K Deaths Per Day

2022 AUGUST; Natural Immunity Better than 2 Vaccine Doses; Censorship of COVID-19 Information; Fauci Resigns; 600 Million Cases Worldwide 6.5 Million Dead

2022 SEPTEMBER; 85% of US COVID-19 Deaths Are Seniors Over 65 Years Old; Biden Stupidly Proclaims the ‘Pandemic is Over’; Global Cases Drop Below 400K Per Day with 1.3K Deaths Per Day

2022 OCTOBER; US Wave 8; Biden’s COVID-19 Deaths at 662K Are 1-1/2 Times Trump’s 441K Deaths; Fauci’s Net Worth Increases by $5 Million to $13 Million Total During Pandemic; “Tripledemic”

2022 NOVEMBER; Worldwide Wave 10; 60% of US COVID-19 Deaths Are Vaccinated; “Pandemic of the Vaccinated”; Fauci Questioned Under Oath About Origins of COVID-19 but “Cannot Recall”; 100 Million US Cases 1.1 Million Dead

2022 DECEMBER; 90% of US COVID-19 Deaths Are Seniors Over 65 Years Old and 15% Are Nursing Home Residents; “Pandemic of the Elderly”; “Scrabble Variants”; “Died Suddenly” Documentary; US Vaccination Rate Drops

2023 JANUARY; Fauci Finally Retires; Pfizer Executive Taped Saying Covid Vaccines Are “Cash Cows”; Global Cases Drop Below 150K Per Day; COVID-19 Transitioning from Pandemic to Endemic Phase

2023 FEBRUARY; COVID-19 Pandemic Ends and Endemic Phase Begins; Coronavirus Chronology Attacked by Censorship Again; Global Cases Drop Below 100K Per Day; 680 Million Cases Worldwide 6.8 Million Dead; 105 Million US Cases 1.16 Million Dead; One in Every 300 Americans Died from Covid During Pandemic

K-Shaped Recovery/Economy

by K E Stone

Talking about the 'K-shaped recovery' or 'K-shaped economy' is all the rage nowadays. Typically, as an economy and markets recover after a rough patch, the rising tide lifts all boats. Not anymore. America's filthy crtony capitalism system has separated the rich versus the poor by the widest gap since the 1970's. At least good music came from that pain. Inflation was high and jobs were scarce, folks worked under the table for cash, the standard mantra was "f*%# the rich"; maybe history will repeat, but we never stopped grooving with the chicks dancing the Crocodile Rock.

The privileged elite, and upper class sycophants that service the wealthy (accountants, attorneys, Wall Streeter's, etc...), are having the time of their lives, living in McMansions, living large, asking why everyone is so glum. They are happy because they own stocks that are goosed constantly by the Federal Reserve monetary stimulus and by Congress with fiscal stimulus. It is called crony capitalism filth.

One-half of Americans do not own a single share of stock so they did not benefit from the obscene and effortless gains that the wealthy enjoyed for the last two decades. The human greed is criminal. The 30 million at the top shafted the 300 million at the bottom over the last five decades gutting the middle class in the process. There is only rich and poor now, like the 70's, the have's and the have-not's.

Middle class jobs were sent overseas to take advantage of the slave labor starting with President Ronnie Ray-gun in the 1980's so stocks would catapult higher and reward the wealthy class. It worked but it completely gutted and destroyed America's middle-class in the process. The middle-class was the glue that held the United States together but human greed knows no bounds.

Too bad the crony capitalism filth has ran its course and now we are left with the bifurcated society that cannot be fixed. As the system fails over the coming months and next few years, capitalism will be wrongly blamed as a failed system but it is not. Capitalism does not exist in practice; it only exists in theoretical business textbooks because of human greed. The crony capitalism filth system will fail. Such is life and the human condition.

Who will win in the battle of 30 million versus 300 million? Stairway to Heaven. Today feels more like the 70's with each passing day. What's that smell on your jean jacket? That's campfire smoke Mom, that's all, no, it is not marijuana smell, as ZigZag papers fall out of a pocket. Jimmy's solo starts at the 6:30 mark. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.

INDU Dow Jones Industrials Average 2-Minute Chart; Dow Crosses Above 50,000 for First Time in History

The Dow Jones Industrials Average, the Dirty Thirty, that are blue-chip companies, that is followed mainly by the public, crosses above 50,000 for the first time in history. The S&P 500, the SPX, is the United States stock market. The Dow, nonetheless, is an important index especially when studying market history since it goes back the farthest.

The Dow crosses above 50K for the first time at 2:22 PM EST today, on Friday, 2/6/26. Once that occurred, the Friday night orgy was on with dip-buyers buying today's action with both fists.

50K is a nice big round psychological number so you would expect that it would be key S/R. This stands for support/resistance in technical trading. Price moves higher into the red circles but was spanked back down by the 50K resistance level refusing to allow it to cross above. Alas, price kept trying and poked up through in the blue circle. Another skirmish occurs but you see how price then maintains itself above the 50K level in the green circle so the red resistance becomes the green support.

As price moves higher and higher, overhead resistance levels, such as price levels, trend lines, and/or moving averages serve as resistance barriers and if price moves above they become support. On the way up, resistance becomes support.

As price drops, the lower support levels give way and become resistance levels going forward. On the way down, support becomes resistance. So if a certain price level is called out as key S/R, now you know what that means.

The Dow reaches a key milestone so the "Dow 50K" hats are handed out and the headlines write themselves this weekend. The stock market is at euphoric glorious highs. Everyone is jumping around like Mick with Happy excitement. You can smell the tulips. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.

Keybot the Quant Turns Bullish as the Choppy Whipsaw Slop Continues

Keystone's proprietary trading robot, Keybot the Quant, flips to the long side at SPX 6908. The choppy whipsaw garbage slop continues in 2026. Bulls need lower volatility to consummate the rally. Bears need weaker banks to wrestle the stock market ball back.

Keybot the Quant

Bitcoin Weekly Chart; Bitcoin Dropping Back Towards Levels Not Seen Since the Donnie Trump Election in November 2024; Bitcoin Falls to 60K on 2/5/26 Wiping Out All Gains after the Donnie Trump Election

The democrat-run media (CNN, MSNOW, ABC, CBS, NBC, PBS, MPR, New York Times, Washington Post, etc...) is champing at the bit to declare bitcoin at a lower price than when Donnie Trump was elected. It is all part of the divisive and scummy political game in crony America. Of course, the republican-run media (Fox News, Newsmax, OAN, New York Post, Breitbart, AM talk radio, etc...) will never utter a peep about bitcoin falling back to levels when Trumpski was elected.

Note how price fell in April 2025 with the broad stock market selloff, but it was saved with happy legislation talk from the Donnie administration. King Trump and his family are grifting off the cryptocurrency bandwagon so there is buttock-clenching occurring now as the price collapses.

Bitcoin runs up into the euphoric top at 125K and then it is all downhill from there. You can see the two-leg bear flag better and an H&S shown in blue as compared to the prior spaghetti chart. Let's call the H&S neckline at 76K since that equates to April lows and also when the orange one was elected. It is a key support level. The head is 125K so the difference is 49K, thus, if the neck at 76K fails, bitcoin would target 27K. Oh my. The Trump family will lose their shirts and be wearing barrels.

As the previous technical analysis explains, bitcoin is ready to pop with positive divergence on the daily chart but the weekly chart still needs the RSI and MACD to set up with possie d to call the bottom on the weekly basis. The monthly chart is trouble and forecasts more downside for the remainder of the year after a multi-week recovery move occurs.

On the 11/5/24 election, bitcoin was 69,360.

On 11/6/24, the day after election that Donnie Trump won, bitcoin was 75,640.

On 1/20/25, for the Trumpski inauguration, with Putin sending best wishes, bitcoin was 102,000.

On 10/6/25, at the peak of glory, bitcoin was 124,750.

Thus, mathematicians say thus a lot, with price at 76K, and low of 72K yesterday, bitcoin punctured the support on 11/5/24, but to be fair, bitcoin should fall below 69.3K before the democrat-controlled press can write the headline that bitcoin is below where it was at the election. But, as Americans know now, both sides will lie and use the media listed above to spew their corrupt narratives. Such is crony capitalism.

Bitcoin is at 76K now. 76 Trombones in the big parade, with a 110 coronets close at hand, they were followed by .....  In the 1960's and 1970's, most US high schools had a mandatory music class for all students. Of course, boys want to be macho and are hesitant to sing, things seem different nowadays, but Mrs Ference had a way of making students overcome the fear of embarrassment, that is what it essentially is, and everyone was singing in no time. 76 Trombones from the Music Man was a standard tune most high school music/chorus classes would sing. It is easy to remember the words even after many decades. That is a glimpse into the 'old America'. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.

Note Added 2/5/26: On 2/5/26, bitcoin falls to 60,075 wiping out all of King Donnie's crypto gains since the November 2024 election.

BTCUSD Bitcoin Weekly Chart; 2-Leg Bear Flag and H&S Patterns; Positive Divergence Setting Up; Bitcoin Falls to 60K on 2/5/26 Wiping Out All the Gains after the November 2024 Election

Bitcoin is the hot topic of discussion these days. Years ago, there was a chain store called Hot Topic for punk/goth rockers. Rock n' Roll High School. The bitcoin bulls have been calling the bottom in the cyber currency ever since it started puking after Keystone identified the top.

The top call was simple as Keystone explained. The red rising wedge is a bearish pattern. The red lines clearly show universal negative divergence on the weekly basis as price makes a higher high. She was cooked. That was the crescendo up at 125K. Bitcoin was overbot and the upper band was violated wanting a move back to the middle and lower bands. A real easy top call but as usual, no one wanted to believe the joy would end, especially the bitcoin bulls. But alas, the neggie d spankdown occurs and now bitcoin enthusiasts are sitting at the local bar drowning sorrows. Play me a song, Mister Piano Man.

The tight bands (blue arrows) told you a huge price move was about to occur on the weekly basis but the squeeze does not predict direction. Barring any happy talk news, the neggie d told the path forward and it was down the rabbit hole.

The pink lines show a potential 2-leg bear flag that may materialize. It is textbook so far the first leg from 125K to 85K that is a drop of 40K. The sideways consolidation occurs, using the 100-wk MA as support for almost 3 months, wow, and price has upwards buoyancy, it is textbook for the 2-leg bear flag pattern. The second leg begins at 95K, you can plug in your own numbers and see what you get, so the downside target to satisfy the pattern is 55K. That 100-wk MA at 87K is important; pay attention to it.

The purple lines in that spaghetti above show a H&S pattern with head at 125K and neckline at 83K so that is 42K difference. If the neckline fails, and it did, the downside target is 83K minus 42K or 41K. This downside target is the congestion zone at the end of 2023 and start of 2024.

The task now is to find the tradeable bottom on the weekly chart. The daily chart is set up with positive divergence right now and would be agreeable to a recovery rally. The daily chart may wait for the weekly chart to set up so they can then both send bitcoin higher on a sustainable multi-week rally. As price makes the lower low, the weekly chart indicators can be checked to see if positive divergence is in play (to call a bottom), or not.

The histogram and money flow are agreeable to a bounce in bitcoin going forward on the weekly basis. However, the red lines show a weak and bleak RSI, MACD and stochastics. The stochastics are in the cellar so that can be called possie d. Also, the stochastics and RSI are dipping into oversold territory so they will be agreeable to a relief rally.

The weak and bleak RSI and MACD have to turn possie d to call the bottom in bitcoin on the weekly basis. Thus, mathematicians say thus a lot, that is why we are never invited to the holiday parties, the chart needs a week or three to set up properly for the bottom. It does not mean it cannot rally before then but there is no need to guess or be a hero, simply wait for possie d and you will know the bottom is in.

Recapping, the 2-leg bear flag pattern targets 55K. The H&S targets 41K. These targets seem excessive with the chart almost set up with possie d. However, the monthly chart is a piece of garbage, negative as could be, wanting more negativity on the long-term monthly basis. This fact will disappont the bitcoin bulls because after the recovery rally on the weekly basis, she will rollover again, and then take out the lows and likely go for those lower price targets where price congestion occurred in prior years.

Trading is all about playing multi-dimensional chess only time is the dimension not space. The daily chart is set up in a happy possie d position wanting to see bitcoin rally. The weekly chart likely needs a week or two more to set up with possie d. The RSI is already showing a bit of a flatness so with next week's low price prints, the RSI should be possie d and ready to rock price higher. That would only leave the MACD line. But it may also set up with possie d next week, simply watch it, as stated, no reason to guess.

Thus, even if you say a lot of therefore's instead of thus's, you still will not be invited to the cool parties, only the nerd parties. Last Friday night we all danced to Una Paloma Blanca. That party was a milk and cookie nerdfest. Therefore, give bitcoin a few more days, it will likely set up with positive divergence next week or directly the week after and you can pull the trigger long.

However, do not marry the trade. It will run for a few weeks higher, the middle band, the 20 MA, is at 97K and dropping, that is an upside target, but bitcoin will then roll over and die again because of the weak and bleak monthly chart. The charts will tell you the story. The lower band needs tagged at 70K and that is strong price support from 2024 so that may be her bottom on the chart above.

As a guess, again, watch the charts so you do not have to guess, bitcoin will bottom next week, then up for 5 to 8 weeks perhaps to 90K+, but then roll over and die trailing lower for the remainder of the year.

If the stock market collapses in the near term, and this is on the table, then bitcoin may collapse to those 41K-55K targets faster. Keystone is not in bitcoin and not playing any derivatives in the cyber arena right now long or short. Obviously, with the chart above, Keystone will take a look next week and maybe buy bitcoin derivatives on the long side. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.

Note Added 2/4/26 at 5:04 AM EST: Bitcoin sits at 76K on the dot. Investor and analyst Michael Burry lays a brown egg in the bitcoin Cheerios this morning. Burry says bitcoin is exposed as a 'purely speculative asset'. Ouch. "Dem's are fightin' words. Burry provides a back-handed slap to bitcoin's face so the cryptocurrency sits at 76K deciding the direction forward. The 100-wk MA at 87K is overhead resistance. Ditto the 83K-ish neckline of the H&S that should receive a back kiss going forward. On the down side, the 70K level is important support. Burry's words do not change the technical analysis above.

Note Added 2/5/26: On 2/5/26, bitcoin falls to 60,075 wiping out all of King Donnie's crypto gains since the November 2024 election.

Keybot the Quant Turns Bearish

The Keystone Speculator's trading robot, Keybot the Quant, not too surprisingly, whipsaws back to the short side at munchtime today at SPX 6904. The banks and volatility dictate who wins.

Keybot the Quant

Keybot the Quant Turns Bullish

Keystone's trading robot, Keybot the Quant, flips back to the bull side today at SPX 6974. Retail stocks, banksters and volatility are dictating stock market direction currently. Bulls need XLF above 53.99 to keep the party going. Bears need weaker retail stocks and higher volatility.

Keybot the Quant