Continuing upward... With caution.

SPX wants to visit 4280 and then decide whether to continue up from there.

Last month I said: "We just need to be on the lookout for any issues caused by the eclipse in May, but that's next month's concern" - and this is now in play, so I will send additional newsletters this month if needed as I am watching the charts.

This is because other than the disruptive effects an eclipse can have on financial markets in the sign of Scorpio, markets appear set to continue higher from a technical perspective.

So the bull market I spoke of last month is here and continuing, but financial astrology warns of some risk.

Remember, if you've been with me on this newsletter since February, the overall game we've been playing here is, let's make money off this short-term bull market before the world is forced to acknowledge the recession the U.S. is really in.

We are getting closer to that point, and it's either triggered by a financial crisis this May eclipse, or the October one, later this year (Another major U.S. bank has collapsed this weekend).

This eclipse is more about truth coming to the surface that impacts people on a personal level, financially it shows that a currency, coin, or source of currency can disappear.

Risks of hacking are at play globally with this eclipse. Make sure your accounts are secure.

This just means we have to play it safer. Still money to be made.

(In the long run, this eclipse over the next 6 months will trigger a crisis over the cost of everyday things, so continue to accumulate extra food, water, supplies, etc. over the next few months)

Another reminder to keep your treasury or t-bill investments on a SHORT duration time frame (1-month or 3-month).

Some of you have asked me what my opinions are of Money Markets. I am in favor of them as long as the company is good and your access to your money is frictionless.

Be well and be safe!

🙏 

Sama's Financial Projections for the month of May 2023:

BTC: Headed higher in the 2nd half of May. BTC will trend sideways for the first half of the month.

As more banks start experiencing problems, and more talk of CBDC's hit mainstream media, more and more people are moving into Bitcoin.

As we covered in this video, the banking crisis is not over.

Be on the lookout for any financial crisis or shock events around stablecoins (Tether, USDC). I see any potential financial events this month actually driving people into Bitcoin, rather than out of it.

ETH: Likely to follow BTC and have a stronger 2nd half in May.

May is also traditionally a strong month for Ethereum and looks to repeat history this time around as well.

From a technical perspective, Ethereum has more upside for May than BTC. Less resistance to deal with.

SPX: 2nd half of May = Neutral/sideways, slightly bearish

I am still watching out for a "Sell in May and go away" scenario between this May and June, which I covered in my last interview with Lada.

NASDAQ (100): Trend still in play.

May 1st - "Headed higher to 13,600 in the short term. May = Somewhat Bullish."

DJI (30): Continuing to lead the way in overall U.S. market weakness. Bearish trend likely to continue.

May 1st - "The DJI is not showing as much strength as the NASDAQ or the SPX. Still keeping an eye on this one, as I think it will be the first of the major indices to fall."

Other Indices: (Email me if you're interested in the full subscription with these assets included now.)

BONDS, ENERGY, FOREX, METALS, REAL ESTATE: (Email me if you're interested in the full subscription with these assets included now.)

Things to remember:

Use proper risk management. If I'm "right 99% of the time" and you bet all your money on the "1% moment I'm wrong", you would've lost it all for nothing.

If world events or other unseen factors change these projections, I will let you know with an update.

None of this content is financial advice, and all of this content is confidential.