we've got three topics today I'm going to explain my blowoff top Theory and you're going to love this because it's not about the price usually when you think of a blowoff top you're think about a shooting star pattern or Price jumping higher it's about the trading activity I'll show you we'll get into it plus we need to talk about the price dip and gold a couple of days ago I want to talk about that and then also the spiraling conflict in the Middle East thousands of fighters from iran-backed
groups in the Middle East are ready to come to Lebanon to join with the militant hespa group and its battle with Israel major rapid escalations happening all over the place to do with the invasion of Southern Lebanon by Israeli forces to fight Hezbollah if this happens there's going to be a lot of other countries and Fighters coming together to fight on each side this isn't going to be a small thing and I wrote a special message to my subscribers of the Peter leads newsletter in the weekend opportunities
and updates report that we put out every weekend and it says exactly this stop thinking of this conflict as a war between Israel and Hezbollah rather think of it more like a war between Israel USA Germany France the United Kingdom Japan Canada Australia and others versus Hezbollah from Lebanon houthis from Yemen turkey Russia Iran North Korea China Pakistan Syria and many others what happens on the ground in the Middle East will touch you here here from the other side of the world the Peter leads newsletter is one
of the most popular financial publications of all time old prices dropped $33 an ounce the other day but this is just what happens it just happens to be the fact that it's a play against the deterioration of the US dollar Gold's going to bounce around a little bit but in general the trajectory the trend is for the US dollar to go lower have less purchasing power and therefore require more dollars to buy the same asset that's why things like gold go up in price I'm a huge believer in gold and
precious metals I think that we're looking at over 100% gain on most of the mining companies and I believe that there's going to be a lot of gains for a lot of years so what I always tell you about gold don't even worry about it don't worry about it it's not going anywhere it never has yes I'm calling for a blowoff top in these markets and I'm going to show you it's really interesting it's not about the price although prices are jumping up pretty high today Dow Jones loss I saw was up
300 points today so far but this blowoff top is happening because of the trading activity you're going to love this it's going to blow your mind you would have heard that the stock market is on its longest stretch without a 2% selloff since the financial crisis interesting that it's always right before the last crisis so many things are lining up like that the S&P 500 has gone 377 days without a 2.05% sell off that's the longest stretch for The Benchmark since the great financial
crisis according to fact set now pay attention to this last bullet point that they shared on the article this Market law comes as investors pile into Mega cap stocks such as Nvidia admid bets that artificial intelligence will boost profits it's different this time now there's artificial intelligence pay attention to that just like before the stock market crashed in 1929 right before that all of the bigger scaners were focused on a small selection of stocks you help yourself and people just like us when you click
the like button and when things start coming down it will start with the NASDAQ whatever is most overvalue will come down first it'll start with the NASDAQ that's where it's going to begin but then it'll spread out to more markets now here's a six-month chart of the NASDAQ now what do you notice here about this the NASDAQ index climbed pretty well on regular typical trading volume and I always tell you don't look at the trading price as much as you look at the trading activity levels the
volume how much commitment is there with some of these moves you can see here this is regular volume and you can see here this is a stampede everybody ran over to one side of the raft even to the fact that it jumped up here with a gap up before the trading volume volume then suddenly picked up this is the issue this Market has been driven Higher by this activity now this activity needs to remain just as high or else this Market comes down this was over the summer months when kids are out of school and all of a sudden
everybody's trading stocks it's a matter of how long can this activity level maintain when there's no more Stampede into a lot of these stocks they're going to be coming down in my opinion let's zoom in on a on month chart of the NASDAQ and you can see here this is one last gasp these are the latecomers who put it off for so long till now they can't stand it anymore that the markets are going higher but they didn't get involved now they've decided to jump in that's who shows up last just remember
this is all just opinion but if you guys want to learn more from me get in touch with me directly consider becoming a Peter leed's Insider all the cool kids are doing it the United States is the the the chief proponent of Israel we are the ones supporting uh Israel consequently Terror groups could come into the United States and attack here in support of Hamas or in support of Hezbollah
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