IMHO, the upper limit on the S&P is approximately 4K. If you are nimble, you have sufficient time to jump in front of the steam roller to pick up some nickels and dimes this week.
I do too...i think it will be a wasted investment, because when the central banks pull the rug, i think crypto will fall lower than it did in the pandemic crash...i will be buying in that zone. I think after it hits that low, that's when we will see it go to these numbers Greg has been predicting
George Gammon, on his Rebel Capitalist YouTube Channel, went over an article on the WSJ saying that Americans are still flush with savings, I got a huge laugh out of it!
I didn’t see George go over that but Mike Maloney just did an Insider’s video showing similar graphs with money supply from FRED and showing that most people have a ton of unspent dollars waiting to be released actually concurring with that WSJ article. This will lead to even higher inflation as that money gets sucked out. In coming weeks and quarters.
However then you see articles saying credit card usage is through the roof and savings are down.
That’s the game...confuse the average pleb so much that he has no idea where to turn....
I absolutely will!! On vacation so I haven’t been up to speed on some of the channels here. I’ll check it out today. Such a confusing time. Just sitting in all 5 assets classes (commodities, bitcoin, paper, real estate, and our business) patiently for the world to burn down. Don’t know when or what direction it will come from. Haha
Flush with new credit cards.............................. Everyday is a line up of 15 cars for starbucks take out. We Americans are too fat and lazy to walk in the coffee shop to fatten up our tummies.
When food crisis is here in US, I have plenty of walking whales to barbecue in the pit!
Starving is not a worry when today is SOYLENT GREEN DAY!
In my opinion, I believe we will be hitting new record high's in the S&P 500 by end of year, with massive volatility along the way. I think the market will double top, and then the rug will be pulled.
Impossible to deal with this Market. 1/2 in and 1/2 out. Either way I’ll only lose 1/2. Unless the zombie apocalypse happens and then I’ll lose everything. It’s the sitting in the fence of indecision that became too annoying. They want to bring down the house of cards but Pelosi is buying up chip stock because of the funds Biden allocated. I honestly think they want to keep everything afloat until after the midterms at least.
Well I have one of my little visitors all this week before school starts and he loves to pretend he’s a trader like Greg. He watches Greg’s videos with me. Last time he visited he wanted to invest in Meta. We’ll see what stocks he gets interested in this week. It’s going to be an interesting and fun week. He wants guitars as well. It’s always about Technology. Kids love technology and seem to love Greg.
What do you all think? Is this market prepping for a massive cratering? Should we just start saving money and wait for the inevitable crash before we start buying equities again? Man I honestly don’t know at this point…
its a suckers rally if I ever saw one
my opinion
For sure, only question is how long can they make it last?
IMHO, the upper limit on the S&P is approximately 4K. If you are nimble, you have sufficient time to jump in front of the steam roller to pick up some nickels and dimes this week.
@ Greg
Don't jump on the BTC train now. Wait.
I do too...i think it will be a wasted investment, because when the central banks pull the rug, i think crypto will fall lower than it did in the pandemic crash...i will be buying in that zone. I think after it hits that low, that's when we will see it go to these numbers Greg has been predicting
I think 24,000 is critical. New low to expect. think I will take profit soon with one of three positions.
George Gammon, on his Rebel Capitalist YouTube Channel, went over an article on the WSJ saying that Americans are still flush with savings, I got a huge laugh out of it!
I didn’t see George go over that but Mike Maloney just did an Insider’s video showing similar graphs with money supply from FRED and showing that most people have a ton of unspent dollars waiting to be released actually concurring with that WSJ article. This will lead to even higher inflation as that money gets sucked out. In coming weeks and quarters.
However then you see articles saying credit card usage is through the roof and savings are down.
That’s the game...confuse the average pleb so much that he has no idea where to turn....
Hell to the yeah Brandon! George does it pretty good so check it out.
I absolutely will!! On vacation so I haven’t been up to speed on some of the channels here. I’ll check it out today. Such a confusing time. Just sitting in all 5 assets classes (commodities, bitcoin, paper, real estate, and our business) patiently for the world to burn down. Don’t know when or what direction it will come from. Haha
Medellin Colombia is pretty good....so check it out!
Flush with new credit cards.............................. Everyday is a line up of 15 cars for starbucks take out. We Americans are too fat and lazy to walk in the coffee shop to fatten up our tummies.
When food crisis is here in US, I have plenty of walking whales to barbecue in the pit!
Starving is not a worry when today is SOYLENT GREEN DAY!
In my opinion, I believe we will be hitting new record high's in the S&P 500 by end of year, with massive volatility along the way. I think the market will double top, and then the rug will be pulled.
TAKE PROFIT DAX long_1
&
TAKE PROFIT DAX long_2
^^^ very stable genius
thank you @ market.
Greg,
FYI
1)ZIRP put us here<>then they watered down the Volker Rules in 2019-2020<>now a license to do what they want again.
2)An interesting read.
https://wallstreetonparade.com/2022/07/there-are-three-separate-cases-in-federal-court-accusing-jpmorgan-chase-of-a-culture-of-fraud/
Enjoy!!
Thanks
WOT
REAL interest rates have us still in ZIRP and NIRP! Wake up ya all! Italy is on the brink of crashing their bond market this week. Wait and see!
Well personally I am waiting for next week's fireworks show. They can pump all they want this week. Bear trap IMO. But than again wtfk.
Greg. Please discuss the explosion at the Hoover Dam today.
https://www.conspiracymusicguru.com/singles
Impossible to deal with this Market. 1/2 in and 1/2 out. Either way I’ll only lose 1/2. Unless the zombie apocalypse happens and then I’ll lose everything. It’s the sitting in the fence of indecision that became too annoying. They want to bring down the house of cards but Pelosi is buying up chip stock because of the funds Biden allocated. I honestly think they want to keep everything afloat until after the midterms at least.
do not short. as a strong hand with long positions you will win.
do not deal with options and do not deal with short selling. buy stocks , wait , and take profits.
Thank you for the support. It helps!
decade cycle
https://www.seasonalcharts.com/img/DEKADE-ZYKL/DJ100J.GIF
midterm years
https://www.seasonalcharts.com/img/ELECTION-SPE/DJIA_W2.GIF
one of both. I think, midterm years will hit the nail.
Well I have one of my little visitors all this week before school starts and he loves to pretend he’s a trader like Greg. He watches Greg’s videos with me. Last time he visited he wanted to invest in Meta. We’ll see what stocks he gets interested in this week. It’s going to be an interesting and fun week. He wants guitars as well. It’s always about Technology. Kids love technology and seem to love Greg.
great info. have fun.
Thank you ! We will !!! Swim , talk, stay up late, visit guitar shops, watch Greg’s videos, stay connected.
Today’s stock pics for teens: Apple , Nike, Meta
if you know Waynes World you know : NO 'Stairway to Heaven' in the Guitar Shop.
What do you all think? Is this market prepping for a massive cratering? Should we just start saving money and wait for the inevitable crash before we start buying equities again? Man I honestly don’t know at this point…
We have yet seen the lows or we will see the lows in September/Oktober. No shorts anymore.
Church Lady, the last funny era of SNL!
If you wanted to see the S&P out of bear market territory earlier, you could have just redefined “bear market”. Thats how it works now, right?
Just DCA AND stop trying to time the market