S&P 500 & Nasdaq Analysis and Trends

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The Share Market Update
By: Marty Armstrong | March 2, 2024

The markets are performing on schedule. The Dow has continued to lead, and we see that the S&P500 has also broken out to new highs. The NASDAQ has failed to follow mainly because 99% of the forecasts broadcast by mainstream media have been calling for the Great Crash since 2022. Mainstream media have prejudiced the little guy.

Constantly, all we have heard is the Fed and rates and how the market has to crash because this has to be a bubble. When I was researching the Greatest Bull Market in History, I had to read all the press, and the market rallied. There, too, the majority kept calling for a crash any day now.

The Dow has been leading the way up, showing that this is being driven by international capital moving in from Europe, Asia, and the Middle East. All the stochastic have remained in a bullish position as well. We are staring into the eyes of not just war but the growing discontent and disbelief of governments in general...

Our Capital Flows Models have continued to show the movement into the USA despite Biden and the insanity of world politics. Clearly, all our indications show that there is deep concern about the war on the horizon outside the USA on top of the decline in confidence in government.

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