Dow for 2024 a gift to those who can understand and not woke idiots like the majority........ hey I have said that before......
money from war torn countries and Europe are all have or looking to park capital in the DOW before war starts the bigest and best place for big buks.......... when he talks the smart ones listen....
We have reached our first MID-RANGE target for the Dow in this bull market, and it appears that the vast majority remain totally ignorant of what is truly behind it. For the life of me, I do not understand why people never just look at the trends to see if what they are reporting is valid. I guess it's like polls in California, where people are so brainwashed that they believe men can become pregnant. Here we have the standard explanation of the rally that traders are looking at signs, as reported by Reuters, "of U.S. disinflation resuming and the wider economy cooling all stoked hopes that Federal Reserve interest rate cuts are indeed coming - with annual corporate profit growth and year-to-date stock index gains revving up into double digits." Yet just look, interest rates doubled between 1927 and 1929 and so did the stock market Interest rates began to rise when Trump took office. The stock market rallied, and they called it the Trump Rally. They lowered rates thanks to the insane COVID Lockdowns that destroyed the economy and created shortages that produced inflation that the Fed has still been forced to confront. Indeed, the Dow rose about 10,000 points with rising interest rates during the TRUMP RALLY. Yet, the press constantly cheers a bullish market only with lower interest rates.
When we look at 1929, when rates fell from 6% to 1% during the Great Depression, that never helped the stock market. This is why the mainstream press does not like to interview me because I do not preach the same propaganda so they do not want someone who contradicts all their standard guests.
What they report is NEVER correct. They are just biased by Marxism & Keynesianism whereby government can manipulate society and the markets by simply raising and lowering the interest rates. That has NEVER worked even once, and Paul Volcker even wrote about that failure in his Rediscovery of the Business Cycle. I had a conversation with Paul, and he admitted that the ECM was correct and that the business cycle was about 8 years. As you can see when rates went down, so did the market.
The plain truth is that where there is that our targets here in 2024 are:
40825.47 and 44300.58
We have to be concerned that a KNEE-JERK Reaction can occur first with the prospect of war. This is the danger as we head into June. Thereafter, as war are the debt crisis merge together, then the shift from PUBLIC to PRIVATE will unfold.
He called the DOW TO GO 40K+ WHEN THE DOW WAS AT 30K AND THEY ALL LAUGHED! HAHAHA... You got to know who to follow and learn from........ most miss it completely.......