Bulls To Let It Run – SPX To The Moon

Need another data point to suggest the market is near a top?

The same “experts” who called for a market crash as recently as November are now calling for a big run up.

‘Run with the bulls.’ Don’t worry about frothy markets until S&P 500 hits 6,250, says SocGen.

      • “Substantial room” for fixed income volatility to come down is also a plus, says the strategist.

        “This backdrop should not lead to derating of U.S. equities beyond technical price reversals,” he says. SocGen set a 4,750 target for the S&P 500 in September, which is middle of the current range that has seen several strategists up their 2024 targets.

YES, indeed, let it run. 

The article is full of complete nonsense of rehashed half-truths. The real truth is, the stock market is selling at historically extreme valuation levels. A 50% haircut from today’s levels would simply bring us back to a historic mean. Let me present you with a much better and to the point analysis…….

Our Time/Price calculations are clear in terms of what happens next. If you would like to find out what the stock market will do next in both price and time, please Click Here

Bitcoin: Watch Out For Mid Cycle Top, Followed By A Major Cycle Bottom

I remember Bitcoin sentiment in January of 2023 when the cryptocurrency was selling at around $18K and everyone was in a full on panic mode. It was crashing. Yet, our mathematical and timing calculations at the time confirmed October bottom and have suggested BTC would push into its mid-cycle top next to arrive in early 2024.

Today, the situation is quite reversed. Open any financial outlet and be immediately inundated with articles about Bitcoin hitting $100K and beyond.

Yet, pay attention to the chart above. In short, Bitcoin is approaching its mid-cycle high. Once it is in, the crypto should collapse into its major cycle bottom, scheduled to arrive towards the end of the year.  In other words, things are not looking good for BTC. At least in terms of our mathematical and timing calculations.

We just posted our updated full analysis for Bitcoin in our MegaCap section. If you would like to see it, including our time/price projections, please Click Here.

Is Karma Finally Coming For Bill Gates – You Won’t Believe What MSFT Stock Will Do Next

We have just updated our Microsoft (MSFT) Time/Price analysis. Without getting into too many details, I think our favorite serial killer psychopath won’t be happy about what happens next to his stock.  Karma ? We can only hope. Meanwhile, if you would like to find out what Microsoft (MSFT) will do in both price and time going forward, please Click Here.

Why Everyone Needs To Relax

2/13/2024 – A negative day with the Dow Jones down 524 points (-1.35%) and the Nasdaq down 287 points (-1.80%) 

Turn on most financial outlets today and you will see people in near panic mode. Is the bubble finally popping ???

First, let me give you an easy hint……..

Short-term, today’s sell-off doesn’t impact our overall forecast. If anything, it confirms it. Both the SPX/NDX left behind significant gap downs that the market will need to close.

Our Time/Price calculations suggest the market will reach these targets at the following juncture…….

Please Click Here To See the rest of the forecast……..