Dow will eventually hit 40000, that's a conservative 50% rise from current level of 28000. That is not crazy, that is within norm.
Remember Dow Quadrapled in 4 years from 1925 to 1929. Dow Tripled in few years leading to 1987. and the did another quadrupling for the next 10 years into 2000/
So, going quadrupling after 20 years from the year 2000 is pathetic.
Plus, money printing, QE, negative yield bonds and etc, will fuel everything to go up in value versus US dollar.
What is the value of US dollar? Maybe Dow 40000 or 100000 is not enough to even preserve wealth.
Regardless, I am not here to discuss that and I don't want to waste my time on any arguments.
The point is, everything looks super bullish from simple Technical perspective. Any traders that are pure technical, should be 100% bullish on the stock market.
And if US stock markets (Dow, S&P 500, Nasdaq) did well, expect some RECOVERY and REBOUND from global equities.
US stock markets will remain OUTPERFORMING the general global equities because capital is flowing INTO US, not OUT.
And the BEST sector remains the TECHNOLOGY sector, especially those that are part of Industrial 4.0.
Bullish Tech, bullish Industrial 4.0, this might be the last time to get wealthy enough to be able to buy lands and live off grids before the next big crash in global economy and chaos worldwide.
I am not Bullish on everything forever, the crash will happen, but not now. Eventually everything will crash.
Crypto and Bitcoin will recover during this period of time, the risk reward ratio is still favourable for Crypto to become trillion dollar asset industry and for capital to FLOW into this market. But I diversify my portfolios and I don't put all my baskets into one asset.
Life a minimalist life, be prepared to live off grid, be prepared for the chaos and revolution to come. Stock market going up doesn't mean everything is right.
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