My Vision Was Clear

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In case you’re ever curious about what a “premium post” is (for those of you who have not signed up for premium membership), I’ve taken this premium post from November 2021 and opened it up for public viewing. I suggest you give it a close read, since I wrote it at almost precisely the market top (for tech stocks) and about seven weeks before the S&P 500 market top.

My conclusion from the post was:

What these simple combinations seem to clearly suggest for the year 2022 is that stocks could be in serious trouble, and with an extremely important mid-term election happening in early November 2022, such a descent in asset values could make a particularly acrimonious political landscape.

Anyway, please give the post a read. I think you’ll see my dim view of stock values, particularly in the tech sector (which has been utterly destroyed since I wrote it) was pretty much spot-on.