A positive week with the Dow Jones up 398 points (1.56%) and the Nasdaq up 280 points (+3.77%)
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.
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A lot of interesting stuff to cover as we push into the weekend……
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Trump wants a trade deal that includes agriculture. The EU says no.
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Trump wants Germany to increase military spending, Germany has plans to cut military spending according to Eurointelligence. I do not know if Trump is aware of this yet. Discussion below.
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Trump wants Germany to scrap Nord Stream 2, a gas pipeline between Russia and the EU underneath the Baltic Sea. The EU sided with Germany.
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Trump wants the EU to buy US Liquid Natural Gas, but the EU instead will buy from Russia because its cheaper. This is part of the Nord Stream 2 issue…….
U.S. credit card debt hit $870 billion — the largest amount ever — as of December 2018, according to the data from the Federal Reserve. Credit card balances rose by $26 billion from the prior quarter.
“The increase in credit card balances is consistent with seasonal patterns but marks the first time credit card balances re-touched the 2008 nominal peak,” according to the report.
Nearly 480 million credit cards are now in circulation — up by more than 100 million since hitting bottom after the recession a decade ago.
“The tech sector isn’t as cyclical as it used to be,” Dave Lafferty, chief market strategist at Natixis Investment Managers told MarketWatch. He said that while semiconductor stocks remain classic cyclical investments, the rest of the information technology sector — the software and services and technology hardware and equipment industries — have become less cyclical as a result of changes to corporate needs, business models, and maturation of companies once seen as growth names.
Humans may one day have the ability to regrow limbs after scientists at Harvard University uncovered the DNA switch that controls genes for whole-body regeneration.
Some animals can achieve extraordinary feats of repair, such as salamanders which grow back legs, or geckos which can shed their tails to escape predators and then form new ones in just two months.
Planarian worms, jellyfish, and sea anemones go even further, actually regenerating their entire bodies after being cut in half.
Same as it ever was or did Mr.Market just put everyone into a trance?
Luckily, you don’t have to guess what the stock market will do next under such extreme conditions. If you would like to find out exactly what the stock market will do next, in both price and time, based on our timing and mathematical 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.
