Last time this happened, we saw a continuation of the downward trend.

Nasdaq 100: Risk off!

The 5-week MA just crossed below the 50-week MA.

Last time this happened, we saw a continuation of the downward trend. pic.twitter.com/ZNfIy7bXmR

— Guilherme Tavares (@i3_invest) March 31, 2025

Ignore the mass layoffs, they’re not the story.

Capital is rotating into oil, aerospace & defense – a lot of short-cycle, defensive bets. Seeing these cap rotation report requests the last 6 weeks has been a bit insane.

What looks like a market shift…
is actually a workforce…

— Amanda Goodall (@thejobchick) March 30, 2025

See also Gold is breaking away from the dollar index. Price hit $3,288 on July 1. Dollar index down 6.4% since March. Central banks added 1,145 tons last year. Foreign treasury holdings collapsing. 2007 signs all over the board.

See also This war is a hoax. It is not about Nuclear. The War is happening for the same reason wars happened in Iraq, Syria, and Libya mostly geopolitical economic plans.