But what comes next: After the Crash?

Before we continue with what comes next... you should probably view my blog from earlier in the week:

Reviewing The Most Recent Market Crash - The Who, What, When, Where, Why, of the Story

But what next: After the Crash? 

To learn what comes next, you should really review my take on Monday's crash, but in short you never see 2 market crashes in a row, (disclaimer) without any sort of real catalyst.

 

Edit: I started this blog on Thursday, and now it's run into Saturday morning, but I've already been proven right on the above statement, "you never see 2 market crashes in a row". We saw markets rally all week, and close near the highs of the week, on Friday.

 

Reviewing Monday's crash again:  

Most investors don't even know the real catalyst for Monday's shakeout, because the corporate owned financial fake news media of mass distraction, and deception - don't want you to know.... 

If the financial #FakeNews was honest, they'd report the truth about Monday's crash. Who, what, where, when, why https://t.co/ovGwvHDjC8

— Veteran Market Timer (@3Xtraders) August 8, 2024

...and they aren't about to tell you what comes next either. 

Instead they point to beaten up names like Super Micro, and NVidia, and the rest.   

$SMCI is nothing but a junk meme stock - in hindsight pic.twitter.com/XMpgdsnhK4

— Veteran Market Timer (@3Xtraders) August 6, 2024

They also don't tell you that small caps and financials were pumped and dumped, right on schedule.  

Here's something else #CNBC isn't telling you. Small Caps, and financials were pumped, ahead of the Japan take down. pic.twitter.com/GUmTUbDU1a

— Veteran Market Timer (@3Xtraders) August 9, 2024

That's right the whole thing was planned, and probably for at least a couple weeks. 

The BOJ had been telegraphing what they were planning to do - raise interest rates for the first time in decades - and nobody on Wall Street suspected anything out of the ordinary would happen? That laughable!

In hindsight the hedge funds who planned it, overplayed their hand. In other words it was way overdone, and many investors recognized the Monday morning surprise for what it was - a bear raid.  

In order to know what comes next; after a crash; is simple: 

 The same folks who pulled Monday's heist,  loaded the proverbial Truck/Boat - with their ill gotten gains - and we saw many stocks ON FIRE this week, and bottom picking in nearly every sector. Bitcoin rallied 20% off the lows!  

Of course, now that everyone is bullish again, we'll probably consolidate in a range, and maybe even retest the recent lows.Much depends on who done it, and if they are going to get paid on their bearish August options bets.

 

Wall Street crooks are never satisfied - even after an overdone crash - but that's how it goes.

 

Once the retail investor is sufficiently bearish again, we'll see a bigger short squeeze...  

 

Maybe that doesn't happen until Sept OPEX, when volume picks up, but you typically buy into an election year.

It's a crooked/ rigged game, and the crooks own 99% of the news media, and that makes it hard for the average investor to win.  

Good Luck, AA

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