Here's a one month chart for SPX. We have a giant megaphone that started at a peak near the beginning of 1973 and the bottom in 1974. This will obviously take a while to play out, but I truly believe the black swan event and major crash I've been warning about will happen very soon. 2025 will be the beginning of a time of great tribulations for all of us on Earth, but I do believe there will be a light at the end of the tunnel and there will be a generational wealth building opportunity eventually, probably around 2030ish. I do not want to be a permabear and fear monger. I have seriously never said anything like this in my life and I won't ever again because this is it. We are living through a time that will be talked about and studied for centuries, I truly believe that with every fiber of my being.
I began posting my thoughts and analysis in early 2024 and honestly the whole reason why I did that is because I felt like i knew we were about to have a melt up/blow off top for the ages followed by a devastating crash and I wanted people to know about it and the reasons why it happened. It's been a wild ride and we have witnessed a historic rally, but the end is near. The crash will be every bit as historic as the recent rally, it will be worse than 1929. We will have full scale World War 3, pandemics, currency collapses, and everything in between.
This is my final warning, things are about to get very weird and it's time for me to take a step back and focus on things that are more important to my family and I. Money is not the answer to your problems. I'm not sure if I made the right decision or not by attempting to teach people what I know about the stock market. If you've been following me, you have probably realized that I have very strong opinions about how and why stock prices move the way they do. This is a very difficult game and in the end it all comes down to psychology. No matter what I do or say, I'm not sure I can actually help anyone because it is very difficult, even if you know what is going to happen, you can still get completely destroyed.
I'm starting to feel like it's not something I should promote. I just felt strongly that I had a duty to talk about this because I know what I know and most people don't pay attention to this or have any real knowledge about markets. Those who try seem doomed to fail due to the amount of misinformation on social media and speculation about why prices move. Stock prices move because wholesale stock operators manipulate stock prices by accumulating stocks, pushing them to the highest point humanly possible and then they distribute. After they are done, stock prices begin to fall until they start accumulating again and once they are done, the whole process starts again. The fed plays a major role in this and runs the entire thing. They have finally started to pull liquidity after increasing the money supply by over 400% in just a few years, a completely insane thing to do. In December we finally saw a huge drop in liquidity and it's going to continue. Keep an eye on the M! and M2 money supply charts.
Stock prices move because there are either more buyers than sellers or vice versa, that is all. People want to speculate about why and talk about various events they think will happen or because of what they think about the economy. This is a big fallacy that has plagued retail traders since the stock market was created. Wholesalers know what will happen before it happens, they know the news that's coming most of the time and if they don't, they still use it to generate enough volume that allows them to enter and exit positions, they could not do what they do without volume from retail. If we have a bull market, negative news is ignored and positive news is highlighted. In a bear market, negative news is highlighted and positive news is ignored.
There is a reason why it costs 50k+ for just a few minutes of air time on CNBC. Inverse Cramer works because he is paid to say what he says, he says the opposite of the truth and so do the rest of the financial media outlets. 99% of retail traders are not profitable after 7 years of trading and 80% who try are finished within 2 years. It is this way by design. We all attempt to do it because we want financial freedom and to provide for our families. The problem is greed takes over and he who hastens to be rich will be punished, that is a certainty just as much as death and taxes are.
I don't know the exact time or what the exact event will be and I have no idea when it bottoms either. I do have some ideas, but that's just speculation. Either way, I know it's coming. This chart and path is my best guess as to how this will play out and it may go even lower than the 2009 low, but at that point I don't think it really matters anyway.
If you want my honest opinion (not financial advice), I think the best thing to do is to simply exit all long positions on US equities, buy gold and silver and forget about it. Focus on the important things in life instead, you will outperform almost everyone in the next 5 years if you do this. In the end, you have to do whatever you think is best and you cannot trade based on what someone else says. If you do that, you will have no idea how to manage the trade, what to expect, or how to manage emotions if it doesn't go as planned. You will lack the conviction necessary to make good decisions because you won't have any conviction if you just follow someone else and don't actually believe in the trade or know why you took the trade.
Thank you for all the support, I appreciate it and I'm sorry if you have lost money due to any of my analysis. I was just trying to help... It is time to focus on what's important in life, it is too short to spend your whole life chasing the dragon of unlimited wealth, that is not the way. I wish you all the best, Godspeed.