Today March 14th, 2022 is an important date it does not appear that the Dow Jones, SPX, or NasDaq will be making that new low below Feb 24th that could give us a major slingshot. What is being suggested is that this date is important for Geopolitical events or more likely interest rising.
Below are still other important assets that are making lows on this cyclical date. So this is marking these down for reference.
What is making lows on this date is the following:
- BABA, KWEB, FXI – China Assets
- Campbell Soup (CPB) – Food
- Kroger (K) – Food
- CMRX – Vaccine / Small Pox?
- UEC – Uranium (High then low)
- MAC – Real Estate Investment Trust
How these assets above play out, that remains to be seen. Below are the charts to journal any setups.
Possible Scenarios:
Since the Dow Jones (which represents international capital) is not making that new low (11am EST) yet… It may be possible for a rally, but the longer term we can get a 2 year low into 2024 (instead of a high). At this point, the war will pick up further and it’s possible capital will flee to the US around that 2024 time period.
Capital is now nervous on China, yet these lows are interesting in BABA, KWEB, and FXI. While most capital is likely to head over to Asia by 2032. We should keep an eye on the flight to safety. Where does money go during these interesting times. It will surely head to US Equities, but we have till 2032 to max it out.
Likely Scenario:
While the markets are not making lows, it is possible the Interest Rates (with the Fed meeting tomorrow) there is could be a rise in the rates. You can see the Bonds crashing and we would have more info during the Fed meeting.
UPDATE: 3/16/2022
Well it appears China and most of these stocks above took off on the March 14th date. What remains to be seen is if that is the major low for China into 2024?
KWEB – 38% Gain, Discussed Above on March 14th.
BABA – 34% Gain, Discussed Above on March 14th
FYI: These trades are not recommendations, just a journal to test the March 14th, 2022 data importance. While capital is scared of sanctions, money is likely to flow into other sectors that are beat up.