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 [...]
Dow Going into Inauguration
The intraday high was established on January 6th in the Dow at 19.999.63. We elected a Daily Bearish Reversal the very next day, which warned that we are moving lower in a cautionary move leading into the inauguration. The rumors of boycotts to assassination attempts are abound. Many are worried that Trump will be killed before his hand hits the book to take his oath.
It is interesting how the computer has picked up the 20th as an important date from the cycles rather than fundamentals.
We still see February as a Directional Change and volatility should rise into the April/May time frame overall in many markets.
Latest Posts
PRIVATE BLOG – The May 7th ECM Target
PRIVATE BLOG – The May 7th ECM Target Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com. https://ask-socrates.com/
The Traitor Waving Ukrainian Flags on the House Floor Should be Removed from Office
https://www.armstrongeconomics.com/wp-content/uploads/2024/04/Waving-Ukrainian-Flags.mp4 President Theodore Roosevelt made it perfectly clear Anyone who has any allegiance to a flag OTHER THAN American has no business being in public office and should [...]
The President Overtaking the Federal Reserve – BAD IDEA
I do not agree with Donald Trump’s view of the Federal Reserve. I speak on behalf of sound economic policies that benefit the people. I do not blindly support a [...]
