A positive week with the Dow Jones up 194 points (+0.79%) and the Nasdaq up 178 points (+2.37%)
It appears, at least for the time being, that this market is literally bulletproof. The yield curve is near inversion, the FED is hawkish, Mr. Trumps just officially kicked off a Global Trade War and what does the the Nasdaq do, it proceeds to gain 2%.
What’s going on?
Well, you can argue that the stock market is climbing some sort of a skyscraper of worry, but I have a much simpler explanation. Thus far, the stock market continues to behave exactly as our forecast had projected.
To very quickly summarize, we expected a bottom to occur on our June 27th (+/- 1 trading day) TIME turning point. A short-term point of force was identified to arrive within the first 60 minutes of trading on June 28th. The actual bottom arrived at 9:45 am EST, satisfying all of our long-term and short-term calculations in the process.
What happens next is rather interesting. If you would like to find out what the stock market will do next, in both price and time, please Click Here.
No doubt, things are not as they might appear to be in the stock market at the present moment. The same thing can be said about our lives in the US in general. Let’s go into the weekend with a few tears, laughs and perhaps a good bottle of whiskey.
Warning: The video below is from a “foreign agent entity” registered with the US Government.
