2/5/2019 – A positive day with the Dow Jones up 172 points (+0.68%) and the Nasdaq up 54 points (+0.74%)
The stock market remains at an incredibly important juncture. Things are about to accelerate in an unexpected way. If you would like to find out what happens next, based on our timing and mathematical work, in both price and time, please Click Here.
Despite the market remaining below key technical resistance levels, all while returning to overbought levels, most bullish investors have seen enough. The correction is over, the bull is back and the time to “load up” is now. Consider this small sample from today’s news flow…….
- The Nasdaq is on the brink of escaping from bear-market territory
- Billionaire Howard Marks to Goldman Sachs: We’re not in bubble.
- Bull trend strengthens, S&P 500 approaches 200-day average
- If stock-market investors missed January’s surge, they’re out of luck, says Goldman Sachs
- Time for stock-market investors to shake off the 3rd ‘recession scare’ of the cycle, analyst says
Indeed, shake it off losers. The above is designed to make you all warm and fuzzy inside so you go out and load up on stocks. Should you? Consider the following……
Let’s cut through the nonsense.
The only reason that stocks are rallying is because investors are hoping the Fed has reinstated its policy of inflating stocks…
However, HOPE is very different from reality. And the Fed hinting at halting its rate hikes and possibly altering the schedule of QT is VERY different from cutting rates and engaging in QE.
Put simply, a Fed that says it might be less hawkish is not a dovish Fed. And the markets know it, though stocks always “get it last.”
Bonds don’t buy this “risk on” move at all.
In other words, no one said investing would be easy.
Luckily, you don’t have to guess what the stock market will do next. If you would like to find out what the stock market will do next, in both price and time, based on our mathematical and timing work, please Click Here
Please Note: Our latest call was a direct hit. While everyone was panicking our work projected an important bottom on December 27th (+/- 1 trading day) on the Dow at 21,725 (+/- 50 points). An actual bottom was put in place on December 26th at 21,713.
