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    MarketMap™ 2024 Scenario Planner #6

    February 9, 2024

February 9, 2024

MarketMap™ 2024 Scenario Planner #6

Tao - WikipediaMy Tao to beat the markets, In a man made universe study man, not the universe.

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Mapping of investors attitudes for the 2024 points to how keen people are on risk taking, no matter the vehicle. In other words, “Safety? don’t be absurd, why should I get 4% without risk when I can make three times in a few days or weeks.”

In our LinkedIn group I use the front end of the annual scenario planner for the chart shown here to time the current bull move in Bitcoin. In our  group I said on Thursday, “Bito continues to lead the stocks, by weeks at this point. The long term 2024 map is in issue #7 on the way, here is the front part of it for the short-term trading time element support.”  (Bito is 2x bullish Bitcoin etf.)

 

I will have to concede to the bulls for now and may even play the long side, until its over. But the in step one to one correlation between Bitcoin and the S&P has long since faded. The bellwether nature of Bitcoin remains but as it revealed back in August 2023 through the end of October 2023 the name brand of cryptocurrencies can have a massive rally while Nasdaq and friends have a S-T correction.

So the bull run here in BTC may well spill over into the Stock averages, at some point. But,  it will not be before a nasty I-T correction of the NYSE members and Nasdaq.

What follows are the scenario maps for Bitcoin, bonds and inflation in 2024 and more.

 

If you are a visitor to the Volatility Reports LinkedIn group and think the chart to the left is a rabbit I pulled out of my hat, it will not matter when your free look runs out, will it.

Below are the opening odds for Super Bowl 58., With the 49ers tipped to win it all.

Super Bowl spread: Kansas City Chiefs (+2.5) vs. San Francisco 49ers (-2.5)
Super Bowl Moneyline: Kansas City Chiefs (+102) vs. San Francisco 49ers (-120)
Super Bowl total: Over 47.5 (-110), Under 47.5 (-110)

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