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Strategies & Market Trends : Natural Resource Stocks
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From: isopatch10/12/2023 1:58:47 PM
4 Recommendations

Recommended By
Julius Wong
Mick Mørmøny
roguedolphin
Winfastorlose

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Stock market comment: Bell Weather indicators always shift from cycle to cycle. Otherwise calling turns would be easy & everybody would be as rich. Trick is to identify the key driver(s). One I've been watching closely, for months, is interest rates & the slope of the yield curve. Simply put?

Next major smash in stocks begins when rates go into sharp sharp decline & yield curve shifts from inverted to steepening. THAT happened in the past few days. Yes, given the usual & inevitable very ST sharp upside whip saws to keep perma bulls long? Look out below. IMHO. Major U.S. Stock Indices at least 15-20% lower into March of 24'.

Worth repeating. Never trade based on a web post or posts. Even one of mine. It's your money, so do your own analysis & make your own decisions.

Iso
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