The Dow exceeded the January excessive and closed February at 38,996.39. The NASDAQ composite has but to exceed the 2021 excessive regardless of the AI Bubble. This nonetheless displays the worldwide capital flows, and our Chaos Fashions present there will probably be a pattern rising with a niche between the primary turning factors forward. The ambiance of WAR is impacting the market and the capital flows. Feedback from Macron calling to ship in troops to Ukraine to forestall one way or the other its fall, which is inevitable, has solely led Putin to say that then opens the door to nuclear warfare.
They’re decided to start out a struggle this summer time earlier than the 2024 US elections. Each European leaders, NATO, and the Neocons live in sheer terror of a Trump victory, for he’s anti-war, CBDCs, and local weather change. If they can not forestall Trump from taking the White Home, I worry they’ll assassinate him, for there’s approach an excessive amount of at stake for these individuals. I’d be very involved about July, for issues seem like heating up and going into Panic Cycles in lots of markets come August/September.
We now have reached our goal of 40,000 we set again in 2011. Our resistance now within the Dow, given a continued rally, is forming on the 42,000-43,000 space. Exceeding that overhead barrier opens the door to a take a look at of fifty,000.
I’ll do a month-to-month evaluate tomorrow.
