2023 Q1 Economic Review
2/27/2023 07:25:52 am
Thanks for the update Dan. The technicals and historical #'s like Break away momentum (1/12/2003) 25 out of 26 times new or extended bull market. January up 5% or greater after a down year has always been up year with 29.7% average return. Jan up, 85% the year is up. 3rd year of presidential term is best performer. vs your historical statistics of recession make this one tricky market to predict. I wouldnt be surprised if we stayed rangebound for several years between 3250 and 4750. Each time we get near this target a new bull or bear call then a reversal back and forth. Only time will tell. Thank you for putting yourself out there with strong calls.
2/28/2023 08:04:25 am
If the government lies to us about everything else, why would the tell the truth about the stock market and surrounding activities. Common sense says the market is propped by the big companies.
3/5/2023 01:00:41 pm
Data Treasure Trove.
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Dan Niles is founder and portfolio manager for the Satori Fund, a tech-focused hedge fund.