Weak "war in USA rally." PAAS and FNV report tomorrow.
seems its time for a new thread. war markets are treacherous
#2522
Posted 09 August 2022 - 08:42 AM
looking at boil here. if it can exceed 91 i believe its going to 140 area
tsv looks good
#2523
Posted 09 August 2022 - 08:49 AM
gld i like the action very much tomorrow is the ppi release so
we see how that affects everything . would be nice if it came in
softer than expected then i would expect gld to fly
#2524
Posted 09 August 2022 - 08:51 AM
if xle takes out 78 chances are its going a lot higher fwiw
#2525
Posted 09 August 2022 - 09:22 AM
i am getting the vibe that xle has bottomed above 79 and thats it its
done correcting
#2526
Posted 09 August 2022 - 09:51 AM
From Armstrong
On July 6th, I posted a report on the Dow saying: "So far, June has produced the low we were looking for." I added that a June low should be followed by created a September high. "As long as the June Low holds, then a rally into September before a crash is possible." We can see that to get a Panic in September, we really need to punch above the 33228 level.
All of this does not look well for 2023 and the tax hikes the Democrats just passed will be a 26.5% hike on earnings up to $75,000 and then it will jump to 29.6^ thereafter up to $200,000. While the Democrats preach how they hate the rich, incomes over $1 million will have the lowest increase of 19.8%. Of course, this is all to stop inflation and climate change.
#2527
Posted 09 August 2022 - 12:25 PM
well i dont see a crash but who knows.
xle and uso setting up for a final low then they will be an excellent buy imo
#2528
Posted 09 August 2022 - 02:38 PM
the calm before the storm . august/sept/october are very eventful months
no small matter to have the fbi raid a former presidents home
dharma
#2529
Posted 09 August 2022 - 05:05 PM
the calm before the storm . august/sept/october are very eventful months
no small matter to have the fbi raid a former presidents home
dharma
These are events building into something much bigger. I used to believe that Martin Armstrong was right about global capital flowing into US. But now I think he is dead wrong. This is not 1930s with European capital fleeing Germany warmongering and racist ideology into democratic US with impeccable and independent legal system---- capital will flee US and Western nations becasue of fear of confiscation, political corruption and insane woke leadership supported by insane mob.
#2530
Posted 10 August 2022 - 12:34 AM
the calm before the storm . august/sept/october are very eventful months
no small matter to have the fbi raid a former presidents home
dharma
These are events building into something much bigger. I used to believe that Martin Armstrong was right about global capital flowing into US. But now I think he is dead wrong. This is not 1930s with European capital fleeing Germany warmongering and racist ideology into democratic US with impeccable and independent legal system---- capital will flee US and Western nations becasue of fear of confiscation, political corruption and insane woke leadership supported by insane mob.
MA has said before the the US is the best looking of the ugly sisters, he says Europe is going to have it's debt crisis in 2023-2024, 2023 will be the year from hell he says with war in Ukraine increasing too to you have to compare that to the political corruption we see in the US, for the first time in almost 250 years they are breaking precedent and tradition and targeting a former President which according to Martin is to try and stop the Republicans from taking back power so they can implement their Schwab Global Reset plants, democracy be damned. "End of the USA as we have known it".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/