You heard it here first.
Stocks putting in a top, at least for now, and ready to go lower.
Bonds going lower, too (interest rates headed back up).
Metals (gold, silver) had a big move up, but also topping.
US Dollar getting stronger.
Oil moving higher (expect higher gas prices at the pump).
Be careful out there, boys and girls.
Collapsing debt markets. Spiking gold. Hyper-inflated stocks. What could go wrong?
Black Swan, incoming...
Not yet. But soon. If we get through May I will be surprised. If we get through May, then Q3 - Q4 crash.
One scenario I’ve heard several times is a market correction in summer, followed by a short-lived rebound, and then the big crash hits in the fall.
I think the market is strong because it anticipates a Trump victory.
Metals aren't finished rising. Banks are buying gold and forcing it up. Silver isn't being bought so it is relatively stagnated for the moment. All of it will break out at some point.
I feel it too.
Revisiting this thread (mostly for my own amusment -- I doubt anyone else is still reading it).
Looks like I called the stock market top ON THE DAY (4/1/24) of the top (S&P 500).
Sell off picking up steam now. No telling how far or for how long, but ...
Stocks down. Check.
Interest rates up. Check.
US Dollar up. Check.
Oil up. Check.
Gold and metals topping. Well, they blasted higher over the past few days, but today it looks like they are putting in a nasty bearish reversal. We shall see.
Difficult for commodities to continue higher if interest rates and dollar are getting stronger.
Oil is the exception, due to supply and demand, especially if war is on the horizon.
Also ... DJT & GME selling off HARD.
Although I congratulated the DWAC/DJT holders on going public, the stock is way, way, way overpriced. Never underestimate what Trump might bring to the table, but if things don't change, this stock is headed lower, as is GME.
Good luck out there.