US Equities Go Ballistic As Foreign Markets Collapse?

Pay attention to the bigger picture, folks. The past suggests the future. Post 1973, the gold standard ended and a boost in equity valuations followed. After 1985, a similar boost setup after Reagan initiated a technology boom. The contractions in the market in 2000 and 2009 were related to growth constraints and excesses related to out of control lending/credit. The $25+ Trillion that was injected into the global markets after 2010 is just now starting to actually take root. Notice how price has continued to hyper inflate through each of these economic modes.

post 1973 - we see an increase in the slope of the general markets.
post 1985 - we see a further increase in this slope.
post 2010 - we see a breakout increase in the slope that has just begun.

Don't let the "doom-sayers" confuse you. The US Dollar may become the central global currency if foreign markets/currencies continue to devalue. Capital will shift away from failing markets and towards more mature markets. After the Jan 1 new year, capital is seeking investment into economies that will provide a safe and equitable return. My opinion is we have just experienced a "revaluation" of the US markets that aligns with my Fibonacci Arcs. I believe we are about to enter a phase where global markets begin a collapse phase (Asia, China, Europe, Russia) while the US, Canada and UK enter a renewed upside momentum move.

Pay attention to the fringe economies that are starting to implode. Venezuela, Italy, Spain, Australia, areas of Asia and much of South America/Africa are dealing with economic and political turmoil as a result of "perceptions of inequality/lack of opportunity". This battle to attempt to restore order will create a destructive event cycle for these economies. For example, as the battle for leadership in Venezuela continues, debts payments will likely fail. This will create human and capital crisis events that will ripple across the region and cause other issues in other nations. One of these events is not too difficult to address/handle. Multiple isolated events like this can become much more difficult to handle.

Should Asia/China continue to contract, resulting in slower regional GDP growth and increased debt obligations, while the EU is dealing with Brexit and other localized issues, think of how this will play out over the next 7 to 10 years for more stable/mature economies. Will the US dollar become the single greatest global currency? Will the mature economies of the world (US, Canada, UK, Japan) again regain their strengths as the global leaders they really are. Chasing these emerging markets in the hopes that these nations will generate some return may be a very risky plan for those without experience.

And what about Gold and Silver? Are you aware that you have less than 90 days to plan for and prepare for a massive move in the precious metals?

Oh, you asked about Bitcoin?? Yeah, wait for the bottom. Until these global market issues play out, Cryptos are speculative plays - nothing else.

Pay attention to my work and my research. Visit www.ment.com or www.TheTechnicalTraders.com to learn more about what I do and how I can help you.