Stock Market Top - The Great Awakening - Where We Go Qne, We Go All!

Stock Market Top

posted 268 days ago by MAG768720 268 days ago by MAG768720 +32 / -0

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.

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– MAG768720 [S] 1 point 257 days ago +1 / -0

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.

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