We just experienced the most volatile week in the entire history of the US stock market. Nasdaq 100 index future actually went limit down at 7% without breaking the previous trading day low for 2 minutes. The exchange authorities, however, chose not to lock up NQ and waited for S&P index future to do the same before activating the market pause protocol. Lucky for those who bet on a bounce from there, ES did not drop to 7% limit down and started to recover fiercely.
What does this imply? No one wants to see lock limit down happening, at least not the exchange officials.
This is a clear warning sign to the bears – you can only win, when those in power let you to.
So what can we expect from here. Well, Trump has another announcement made today exempting all the consumer hi-tech products from the reciprocal tariff. So all the big techs will squeeze much higher by Sunday evening.
There is no need to guess why … you just need to watch this video to understand.
One thing that stands out during last week was the US bonds (and European bonds too) are selling together with the stock markets. Many people learned from media or even classes in finance / economics that shouldn’t happen. Well, it did. And you can learn about the reason why from Jeff.
And those perma bears all jumped out of their closets and screaming that they warned you, blah blah blah.
Well, did they called the top? No.
Do they know why the market is selling off from that top? No.
Stop listening to these idiots can help you staying calm if you have a significant stock portfolio.
Personally, I think people are just influenced badly by the current astro setup in the sky. Don’t worry. Clarity will come soon enough by April 14. Why? This is the date for which majority of those planets that were in retrograde over the past 2 months are now returning to normal motion. Although it is still tough to navigate the current environment economically and financially, going forward we can at least gaining clarity of what will happen next.
Lots of work piled up. Catch up time for me.
Have a great weekend all!
