Will The Stock Market Go Over ‘Cliff’s Edge’?
12/10/2018 – A positive day with the Dow Jones up 34 points (+0.14%) and the Nasdaq up 51 points (+0.74%)
The stock market finds itself 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.
Chartists are watching, nervously I might add, some important chart patterns and support levels.
Stock market on ‘cliff’s edge’ as S&P 500 tests this crucial support level: chart watcher
Stocks fought back from steep early losses Monday, after breaking below a crucial support area that could set equities up for a new round of lows if it doesn’t continue to hold, one chart watcher warned.
Stocks extended early weakness Monday, sending the S&P 500 SPX, +0.18%temporarily below closely watched psychological support at 2,600. But a more crucial support level was tentatively broken as the U.S. equity benchmark fell through 2,616 before equities rebounded sharply to end the day in positive territory.
“In my mind the theoretical cliff’s edge is the 2635 to 2616 area …,” wrote Rick Bensignor, president of Bensignor Investment Strategies, in a note ahead of Monday’s open. A close below that level would set the stage for more downside, he said.
In my opinion everyone is asking the wrong question.
The right question is, whether or not all major indices put in their respective long-term mathematical tops at prior highs. You see, because if they did, it assures all perceived technical support levels will eventually be broken. Most importantly, investors don’t have to wait for a confirmation until we get there.
If you would like to find out if the market did indeed put in those tops, in both price and time and based on our mathematical calculations, please Click Here.
A Bubble That Will Live in Infamy
Investment Wisdom Of The Day
HAPPY HOLIDAYS – BACK IN JANUARY – MEANWHILE, AN IMPORTANT FORECAST: Shocking Forecast Reveals Why President Trump Will Lose 2020 Re-Election Bid
A negative week with the Dow Jones down 1,150 points (-4.50%) and the Nasdaq down 361 points (-4.92%)
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The stock market finds itself 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.
Back in early May of 2016 we made a startling prediction. InvestWithAlex Predicts: Donald Trump Will Be The Next President If you don’t recall, in May of 2016 Mr. Trump was a laughing stock of both parties and the MSM. And while no one was giving him a chance at the time, our stock market work was saying something entirely different. It was strongly suggesting he would win.
With that in mind, we would like to make another prediction based on our mathematical and stock market work extending into 2020 and 2021.
President Trump Will Either Not Seek Or Will Not Win Second Term In 2020
It is not our intention to get into a political debate here. We wrote about it last night from a point of view of a defrauded Trump voter Trump Knows Perfectly Well He Is Destroying The USA, Doesn’t Give A S#*% Tucker Carlson has a dead on view on the subject matter as well Tucker Carlson says Trump is ‘not capable’ and hasn’t kept his promises Many of the Trump supporters are beginning to realize the same.
Now, the above is somewhat meaningless when it comes to making our prediction. This is not…..
It’s The Economy Stupid…..
Our stock market mathematical and timing work is crystal clear. Most Americans will turn on Mr.Trump by the time 2020 election rolls around faster than Kim Kardashian can find a mirror.
This will be as a direct result of Mr. Trump taking ownership of the “Everything Bubble” and his disastrous economic policies (trade war, tax cuts for the rich, massive imbalances, debt surge, etc…) In fact, it might get so bad for President Trump over the next few years that he might not seek re-election to begin with.
So, what is this economic and/or stock market environment that we are talking about?
If you would like to find out what the stock market will do next, based on our timing and mathematical work, in both price and time, please Click Here
MUST WATCH: David Stockman on George H.W. Bush, Trump’s Prospects, and the Fed
Investment Grin Of The Day
Trump Knows Perfectly Well He Is Destroying The USA, Doesn’t Give A S#*%
12/6/2018 – A mixed day with the Dow Jones down 79 points (-0.32%) and the Nasdaq up 29 points (+0.42%)
The stock market finds itself 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.
After voting for the guy in 2016 we became critics of Mr. Trump’s actions soon after he took office. Why? Well, very simple. He went from an anti-war candidate who clearly identified major FED/Economic Bubble issues to the warmonger-in-chief who has now taken full ownership of the “Everything Bubble”.
Over the last few years we have theorized what was behind his sudden shift. Is he simply mentally challenged or is he destroying the US with the precision of a drunken surgeon? It now appears the latter is the case. Consider the following…..
Trump: “I Won’t Be Here” When The Coming Debt Crisis Goes Nuclear
President Trump reportedly shrugged off concerns over the ballooning national debt, telling senior advisers in an early 2017 meeting “Yeah, but I won’t be here” when presented with “charts and graphics layout out the numbers and showing a “hockey stick” spike in the national debt” set to occur “in the not too distant future.”
The alleged incident from nearly two years ago comes from the Daily Beast – citing “a source who was in the room,” which we note is anonymous – the standard operating procedure for most anti-Trump hit pieces. As such, one may want to take the report with copious grains of salt.
Citing another anonymous White House official, the Beast reports that President Trump hasn’t addressed the national debt “in a truly meaningful way, despite his public lip service.”
“I never once heard him talk about the debt,” said the totally anonymous source.
Then again, former Trump official Marc Short – who went on record, refutes the anonymously sourced suggestion over Debt worries – telling the Beast that he believed Trump recognized “the threat that debt poses,” as evidenced by the president’s repeated concerns over “rising interest rates.”
“But there’s no doubt this administration and this Congress need to address spending because we have out-of-control entitlement programs,” Short said, adding, “it’s fair to say that… the president would be skeptical of anyone who claims that they would know exactly when a [debt] crisis really comes home to roost.”
While no substantiated evidence can be obtain to support the statement, it might as well be true.
Why?
Trump’s actions during his presidential campaign of correctly identifying imbalances, the FED, zero interest rates, fake economy and bubbles all suggest he knows exactly what he is doing. And that in turn suggests his actions on massive spending increases and his tax gift to the rich kick the can down the road. Leading to an eventual and spectacular collapse in the US Economy.
Conclusion: He knows, and if so, MAGA might be the biggest scam in American history.
Unfortunately, the above doesn’t tell you what the stock market will do next. If you would like to find out, in both price and time, based on our timing and mathematical work, please Click Here.