XBSIndex“That stock market crash will be in February 2025.”
What they posted
In RICH DADs PROPHECY-2013 I warned the buggiest stock market crash in history was coming. That crash will be in February 2025. Good news because in a crash everything goes on sale. Cars and houses on sale now. Better news billions will leave the stock and bond markets and
Why it's Bulls**t
Price check (strict-v4/balanced+price): index SPX, rule: fall to 4880.992 or lower by 2025-02-28: any intraday low after the post day up to the deadline (CRASH: post-day close 6101.24 x 0.8). Result: Bulls**t - min low 5837.66 on 2025-02-28 never fell to 4880.992. Cboe Global Markets: false - min low 5837.66 on 2025-02-28 never fell to 4880.992 {"window": "2025-01-27..2025-02-28", "days": 24, "min_low": 5837.66, "extreme_day": "2025-02-28", "last_close": 5954.5, "last_day": "2025-02-28"} (https://cdn.cboe.com/api/global/delayed_quotes/charts/historical/_SPX.json) CNBC market data: false - min low 5837.66 on 2025-02-28 never fell to 4880.992 {"window": "2025-01-27..2025-02-28", "days": 24, "min_low": 5837.66, "extreme_day": "2025-02-28", "last_close": 5954.5, "last_day": "2025-02-28"} (https://ts-api.cnbc.com/harmony/app/bars/.SPX/1D/20250119000000/20250301000000/unadjusted/EST5EDT.json) FRED, Federal Reserve Bank of St. Louis: unavailable - closes only; no intraday high/low {} (https://fred.stlouisfed.org/graph/fredgraph.csv?id=SP500&cosd=2025-01-19&coed=2025-02-28) Yahoo Finance: unavailable - Client error '429 Too Many Requests' for url 'https://query2.finance.yahoo.com/v8/finance/chart/%5EGSPC?period1=1737244800&period2=1740787200&interval=1d' For more information check: https://developer {} (https://query2.finance.yahoo.com/v8/finance/chart/%5EGSPC?period1=1737244800&period2=1740787200&interval=1d)