Market Talk – May 1, 2024
ASIA: The major Asian stock markets had a negative day today: NIKKEI 225 decreased 131.61 points or -0.34% to 38,274.05 Shanghai closed Hang Seng closed ASX 200 decreased [...]
I am not a sports fan. I do not even have time for TV. However, I am a student of cyclical patterns.
When it came to the Triple Crown, I looked at the cyclical pattern and said it was time and he will win. Well, I did it again. Villanova won the championship in 1985. That was 31 years ago and I told all my friends, “They will win, you will see.” I had dinner last night with Glen Downs; I told him the same.
Everything moves in cycles. There are patterns to everything. Once you begin to see the patterns and understand how cycles unfold, they appear before your eyes. This applies to markets, politics, or any human activity.