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MARTY MARKET ANALYSIS: STOCK MARKET SHOCKER! 22 MAY 2023 (Patreon)

Published:
2023-05-23 19:59:42
Imported:
2023-06

Content

Hi folks,

Sorry for the delay here!  I posted this last night but it obviously didn't publish correctly.  

Jamie

Files

20230522MARTEE HIBBS WEEKLY REPORT

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Comments

Anonymous

Trading is better than hodling. Hey you guys never promised we'd get rich with crypto you said you were documenting the transition to the next system, & you guys are doing that. Thumbs up.

Anonymous

I'm not an investor, however one of the basics of our stock market and other indexes is liquidity from investors. When investors are stressed due to high inflationary costs to operate themselves, they're not feeling anxious to pour that into the markets. Consider the delinquencies in the auto loan industry is picking up. We're going to see credit cards and mortgage delinquencies soon to follow. Once banks and other finance corporations also stop having the stable income, they slash more jobs. Those people who lost their jobs make hard choices on what to pay and you can only cut off your satellite and land line one time. There's not much room to stretch those dollars. So delinquencies continue. There's always a segment of society that has managed to position itself to weather such storms. They will be able to buy up foreclosed properties and crashing stock prices. Jobs take years to really come back and all the money was pushed up to the top. So while I want to believe Cryptos will really take off, I cannot help but wonder other than the wealthy or people who bought in years ago, who else is going to join in and push it up higher?

Anonymous

This is a great question

Anonymous

Martee is such a joy, love his smile and his attitude.

Anonymous

So the algorithm is based on standard deviations of 5?

Anonymous

Wow! That is sensational. Martee, will you elaborate further on this potential blow off on Bullshift? Many thanks 🙏

Anonymous

I'm curious to know that with the positive and excitement with the S&P chart, does that mean that US Government has reached and agreement with the debt ceiling? Is there something I missed and can someone fill me in

Anonymous

New to this .... on crypto - specifically BTC - when you say 'close' below a certain dollar value - when does a 'close' happen ? ... as the crypto market never closes. Thanks !

Anonymous
>>109225381

I think they usually mean when a candle closes. For example the candle for the current month when going into the next month.