From that article. Gold is an inflation hedge. Is that always...

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Ewebute

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08/02/24

14:36

Post #: 72305759
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Originally posted by Load: ↑

Here is partial answer to your question - "what is pushing up the market"?
https://realinvestmentadvice.com/retirement-savers-are-piling-into-stocks-is-that-a-good-idea/

The FOMO/permabull Brigade are sucking up the strong US economy narrative, and whilst unemployment remains ubder 5% that will reinforce their perception.

Commitment of Traders Report shows hedgies are the biggest participants in the futures market, they'd see what is coming and want the indexes as high as possible for their LT shorts to springboard from . Probably easier for hedgies to analyse/control the process as undoubtedly they have people on their team who were players in the market in 2000, 2008, 2019, etc.

I notice DiMartino-Both, Snider, Van Metre, Schiff etc, are all putting out videos at a fast clip now, (daily in some instances), Thiss enviroment must be giving them plenty of concern, and thus plenty to talk about. Snider did say in a recent video this was a very slow grind to a recession this time.

Looking at NDX, see anything similar in weekly volume patterns? Two of the maddest buying perioids of the last decade - and both ahead of a cliff. The sheer size of the M7 might make it run longer this time, but dont be behind the wheel at the last moment like Thelma or Louise. Dry powder for your sho(r)tgun has never ben more critical. Layoffs and the BTFP ending early March are the next gotcha moment to wait for.

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From that article. Gold is an inflation hedge. Is that always the case? I know when markets have fallen, Gold / Silver both fall about the same time.

I am interested in the correlation to the movement of Gold and Gold stocks. They are diverging. Gold still up, yet a lot of gold stocks have been falling. Early warning sign?

Great bit about people forgetting the pain of the past. Maybe those who still have some form of memory retention might survive better with experience and adjusting along the way.

In addition, we are all addicted to the dopamine hits and that is what seems to be the main fuel at present.

When you see a major dip as per the chart in that article (2022), is that not a warning of things to come? Most times I have seen any dips it generally means something bad is about to occur. Seeing that the dip is significant of a weekly / monthly time frame, I can only suggest that any corrective move will be significantly down and for an extended period of time.

Take opportunities when presented and as per The Mav. Always Be Closing

XJO Value at posting: 7,637.6
2 Upvote

0 Great analysis

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