“Trade what you see; not what you think.” – The Old Fool, Richard McCranie, trader extraordinaire.
“Never, never, never, believe any war will be smooth and easy, or that anyone who embarks on that strange voyage can measure the tides and hurricanes he will encounter. The Statesman who yields to war fever . . . is no longer the master of policy but the slave of unforeseeable and uncontrollable events.” - Winston Churchill.
“…The al Qaeda hijackings also served as a wake-up call: The Middle East’s radicalism had come to America. The destructive ideological movements I left behind eight years earlier had crossed the ocean to my adopted homeland. Yet I was sure the American people would rise to the challenge and beat back the threat, as they had in World War II.
I was naive. Rather than stop extremist movements, American democracy has accommodated them. Rep. Rashida Tlaib (D., Mich.) has shared a platform with a man prosecutors named as a possible unindicted co-conspirator in the 1993 World Trade Center bombing. Ramzi Kassem, a lawyer who defended an al Qaeda operative, is chief counsel to the New York Mayor Zohran Mamdani. The Council on American-Islamic Relations published a back-to-school resource guide that suggested high schoolers read Osama bin Laden’s “Letter to America.” Rep. Ilhan Omar (D., Minn.) once spoke at a CAIR fundraiser, where she described the 9/11 attacks as “some people did something” and complained about repression in America…
…Our country appears to have forgotten 9/11’s lessons. The Islamist threat didn’t disappear, it evolved. The same Muslim Brotherhood ecosystem became more professional and refined its tactics to exploit America’s open society, all while accusing America of being a hive of bigotry. Victimhood became the key pose, coupled with civil-rights rhetoric that confuses decent Americans. Exploitation of school boards, city councils, and the Democratic Party has enabled movement ideologues to achieve positions of power.
…Muslims who love America need to speak that truth. We aren’t victims, and we shouldn’t scapegoat other minorities or indulge in conspiracy theories. We are long overdue to demonstrate mature and patriotic civic leadership.
We must also speak bluntly to those fellow Americans who think Islam is the problem. Our spiritual tradition has given the world algebra, chemistry, physics, surgery, pediatrics, the concept of separation of powers and much more. Our problem is extremist political movements that manipulate and hide behind religion to advance their agenda…
…The first condition of making America great is safety. The U.S. government can’t keep kicking down the road the problem of Islamism in America. The American people should stop giving platforms and salaries to people who treat America as a hotel and an ATM rather than a treasured homeland.
To my fellow Americans who offered solidarity after 9/11: Thank you for protecting me. Now protect our country. Please open your eyes and confront rather than coddle the extremists abusing our democratic system.” - Zainab Al-Suwaij, President, American Muslim League.
“The $40 trillion in U.S. debt that has accumulated as well as $2 trillion in annual budget deficits that show no sign of improving are also factors… the future looks more expensive. The Committee for a Responsible Federal Budget estimated that if yields remain more than 80 basis points over baseline projections, the U.S. will spend $2.7 trillion on annual interest payments by the end of the decade—more than Medicare or Social Security retirement benefits.
“The real threat is the debt spiral. If interest begets debt, and debt begets interest, eventually debt will spin out of control.” Story at…
Treasury yields are already blowing up the CBO’s long-term forecasts, and experts who previously downplayed US debt fears are now starting to worry
“Index Suggests Economic Growth Decreased in August.
The Chicago Fed National Activity Index (CFNAI) decreased to –0.04 in August from +0.08 in July.” Press release at…
https://www.chicagofed.org/research/data/cfnai/current-data
-Monday the S&P 500 rose about 1.5% to 7765.
-VIX rose about 0.4% to 14.87.
-The yield on the 10-year Treasury declined to 4.951% (compared to about this time prior market day).
QLD – Added 5/28/2026
NVDA – Added 12/1/2025, 2/6/2026 & 8/3/2026
XLK – Added 6/5/2026
At the close today, of the 50-Indicators I track, 16 gave Bear-signs and 8 were Bullish. The rest are neutral. (It is normal to have a lot of neutral indicators since many of the indicators are top or bottom indicators that will signal only at extremes.)
The daily, bull-bear spread of 50-indicators improved from -15 to -8 (8 more Bear indicators than Bull indicators), still a BEARISH indication. I consider +5 to -5 the neutral zone. The 10-dMA curve of the spread (purple on the chart above) that smooths daily fluctuations continued lower, a BEARISH sign.
I’m bullish.
TODAY’S RANKING OF 15 ETFs (Ranked Daily) ETF ranking follows:
The top ranked ETF receives 100%. The rest are then ranked based on their momentum relative to the leading ETF.
*For additional background on the ETF ranking system see NTSM Page at…
http://navigatethestockmarket.blogspot.com/p/exchange-traded-funds-etf-ranking.html
For more details, see NTSM Page at…
https://navigatethestockmarket.blogspot.com/p/a-system-for-trading-dow-30-stocks-my_8.html
I trade about 15-20% of the total portfolio using the momentum-based analysis I provide here although I don’t trade as much as I used to. When I see bullish signs, I add a lot more stocks to the portfolio, usually by using an S&P 500 ETF as I did back in October 2022 and 2023.
