Stock Markets, Your Money & The Crystal Ball

money don't grow on trees... crystalballing

There are early indicators that the capital markets are due for a major correction (credit: chart is adapted from another source)
However, between now and mid-Oct, it's likely to be trading at range bound, with minimal upside

Long term investors and those 'in the money' trades should will do well to take profits and exit; nobody goes poor by taking profits

Separately, the commodities markets are turning up (positive) due to shortages, disruption of supply chain, logistics kinks and trades sanctions despite higher holding costs, including interest rates. 

With an unflattering contraction of global economies, higher costs, increase unemployment, political and economic confrontation, the world's economies will recess, then enters the deflationary era.

Unfortunately, the cure is a "war of sorts" whereupon massive destruction trigger reconstruction and  a reset of currencies unless the world leading economies and leaders decide & agree to set aside their differences and work toward global peace and prosperity

December, 2008 (I wrote) - For the brave, its still a trade in the bear. For those who have cash, it is also time to bargain hunt - put some into companies whose price are 'bombed-out' and is a fraction from their peak. Unfortunately, like all investment, the risks are real; just pray hard that your chosen one is not bankrupted before you cash out. If you are prepared to get into the market, be prepared to ride long haul or at worst case, your money bites the dusts! 

Wall Street/DJIA was near 7000points in March, 2009 & S&P500 was near 900points As at Friday's (8th Sep, 2023) closed, DJIA was 34,576 & S&P500 was 4,457

Over the years, I have written about time cycle movements, elliot wave theory, the lunar and solar eclipses, technical and fundamental analysis and how these affect the turning points of capital and money markets with good accuracy.

The coincidence of turning point @ 4-year cycle (some like to call this the "election cycles"), 10-year cycle, 20-year cycle and the 60-year cycle are uncannily sharp. Besides, when the Lunar eclipse coincide with cyclical lows or highs, the drop is sharp(er) and the reverse (upswing) is true in a Solar eclipse.

Are we near the 'scare-season' where wealth changes hands? You can't be far and it can be fleetingly fast too

You read it here:

Markets should see a sharp cliff-like drop before the year is out, followed by a rebound. In early 1Q, 2024, the markets will attempt to retest the 2023 lows BUT by 2Q, 2024 will see meaningful rebound lead by the new economy, quiet confidence & reparations

Adapted: credit to the chartist

This olde chart has been circulating for some time; it's displayed as a good reference

Everyone wants to make money but few want to do their homework

Apart from technical and fundamental analysis, the money and capital markets are largely influenced by psychology:

* Herd response is a surest sign of turning points

* Every players love to loss

* When cautiousness and calculated risks are thrown to the winds, the drop or collapse is evidently more severe  

Cash is King but perishable. It's purchasing power declines and when confidence evaporates, flight to safer haven is inevitable

I reserve commenting the ups or downs of any specific index as the global economies are entrenched in a quagmire. For those with deep pockets or spare cash, the thoughts of 'easy picks' may present 

Index as at current/today:

Nikkei 32,475        HangSeng 17896

DJIA 34,576          Nasdaq      13,761

UK Ftse 4,072        Stic      3,211

KLSE    1,452        ASX    7,163

[This is NOT an investment advise. For leisure reading only]