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 shall be a pattern rising with a spot between the primary turning factors forward. The environment of WAR is impacting the market and the capital flows. Feedback from Macron calling to ship in troops to Ukraine to stop by some means 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 season earlier than the 2024 US elections. Each European leaders, NATO, and the Neocons reside in sheer terror of a Trump victory, for he’s anti-war, CBDCs, and local weather change. If they can not stop Trump from taking the White Home, I concern they are going to assassinate him, for there may be manner 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.
Now we 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 check of fifty,000.
I’ll do a month-to-month assessment tomorrow.