As said in The Express of Jan 27th, there was a planetary parade of 6 planets on Jan 21st, since then every day Trump signed a lot of executive orders, each can be on top line and front page of international news. Now Feb 28th there is a grand parade of 7 stars, something unusual or new will come to existence, especially pushed by Trump.
What we can see in the market is that gold and stock price will continue to make record high. Just neck in neck, sometimes gold, sometimes US stocks. Which one is the pointer? —– NVDA, now it is over all 5 major averages lines. The market seemed not so afraid of tariff war. For the core has not yet come. If tariff is levied on TSM, the effect will be much larger. So watch for TSM, just watch the bottom line of the ranging zone. Watch it by MACD and Stochastic Slow.
TSLA has some rebound because Indian Prime Minister Modi invited Elon Musk to established factory in their special economic zone which is twice as large as Shenzhen of South China. Mind that when APPL and TSLA established their factory in China, within a decade, China has their local brand of Huawei and BYDDY. So it is expected India will also have their local brands to come into the market soon. The only way for TSLA is to upgrade themselves to Full Self Driving and lead the world again in a new aspect. But it will be successful in June 2025, and mass production will be one year later. Quite long a time for investor to wait.
Market is adjusting, when will it finish adjustment, it depends on how Trump levy tariff on TSM and the progress of peace talk. Would it in favor of Trump and Putin only? Or for justice as what Boris Johnson explains?
Also have to mind the employment situation, DOGE of Elon Musk fired so many people we have to see what would be reflected in economic figures.