Since there have been no questions we will post
today's chart and leave it at that. Readers of previous
posts will notice that we forecast this downturn days ago
AND we believe that the odds favor continuation down to
5,500. The reason for this is that the misguided fiscal policies
put in place by convicted felon Trump are sure to cause an
eventual recession. Institutions know the odds of this are high
and so they will reduce CAPEX, and look to buy back shares of
the S&P 500 stocks, however that will not happen until they
obtain a sufficient discount (Wholesale prices). At that point
they will come in to buy and wait to mark the inventory up and
distribute later at a premium. This is a reliable way for the big
participants to create profit on a quarterly basis (when the next
earnings reports are scheduled.
As easy day so far.
Good luck
today's chart and leave it at that. Readers of previous
posts will notice that we forecast this downturn days ago
AND we believe that the odds favor continuation down to
5,500. The reason for this is that the misguided fiscal policies
put in place by convicted felon Trump are sure to cause an
eventual recession. Institutions know the odds of this are high
and so they will reduce CAPEX, and look to buy back shares of
the S&P 500 stocks, however that will not happen until they
obtain a sufficient discount (Wholesale prices). At that point
they will come in to buy and wait to mark the inventory up and
distribute later at a premium. This is a reliable way for the big
participants to create profit on a quarterly basis (when the next
earnings reports are scheduled.
As easy day so far.
Good luck