How We Perfectly Timed November 2015 Market Top
2/5/2016 – A down day with the Dow Jones down 212 points (-1.29%) and the Nasdaq down 146 points (-3.25%).
I’ll be very frank and to the point here. This update falls under my “$100,000 Guarantee”
I first introduced my TIME turning point of November 27th (+/- 2 trading days) to my subscribers in early September of 2015. At that point I have suggested that this TIME turning point is one of the most powerful TIME turning points of the year. Just as strong as May 19th TIME turning point was.
As the market bottomed (higher low) on September 29th and then surged higher it became evident that Nombember 27th would be a top and not a bottom. As a result, I then introduced the elliptical structure above. Displaying clear resistance levels.
To summarize, as we pushed into this top we knew two things.
- The exact TIMING – Nobember 27th and…
- The price level where the market is likely to top out (at resistance).
In fact, this is the chart to my subscribers, first posted in our subscriber section on October 31st, 2015. Before the projected top was put in and subsequent decline.
Actually, this top was quite a bit uglier than the work above indicates. The actual PRICE top on the Dow arrived on November 3rd. The top on our TIME turning point of November 27th was slightly lower (secondary top). Then, the market proceeded to run into our elliptical resistance at lower levels twice more. Once on December 17th and once on December 29th, before the massive sell-off in early January. I discuss why we had those attempts at resistance in our subscriber section in greater detail.
The chart above also helps explain the market action thus far and most importantly, what happens next. There are two things to consider at this time……
- The market will remain within a tight trading range until the elliptical structure above terminates. My subscribers know the exact date and price of such termination.
- Something incredibly important will happen as soon as this structure terminates. Unfortunately, what that is, is only available to my subscriber.
If this type of Price/Time analysis is of interest to you, please Click Here
This conclusion is further supported by my mathematical and timing work. It clearly shows a severe bear market between 2015-2017. In fact, when it starts it will very quickly retrace most of the gains accrued over the last few years. If you would be interested in learning when the bear market of 2015-2017 will start (to the day) and its internal composition, please CLICK HERE.
(***Please Note: A bear market might have started already, I am simply not disclosing this information. Due to my obligations to my Subscribers I am unable to provide you with more exact forecasts. In fact, I am being “Wishy Washy” at best with my FREE daily updates here. If you would be interested in exact forecasts, dates, times and precise daily coverage, please Click Here). Daily Stock Market Update. February 5th, 2016 InvestWithAlex.com
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Is It Possible We Are Still In A Bull Market?
2/4/2016 – A positive day with the Dow Jones up 78 points (+0.48%) and the Nasdaq up 5 points (+0.12%)
Until the recent “China driven” sell-off, mainstream financial media was bursting at the seams with all sorts of bullish articles. Here is one of them.
“It’s not old age, it’s excesses. And we’re not seeing excesses, we’re not overspending, we’re not over buying, we’re not over borrowing, we’re not over leveraged, and we’re not overvalued,” added White on why the bull market will not die in 2016.
I strongly disagree with all of the above, but let’s save it for another time. Basically the bulls are playing the game of musical chairs by expecting a clear blow off top at even more ridiculous valuation levels. Yet, no one is asking the most important question.
What if the music is no longer playing?
I remember shorting stocks into May 19th, 2015 top on the Dow/S&P. Let me assure you, it sure the hell felt like a blow off top to me. Not that much dissimilar from 2000 and 2007 tops. You couldn’t find a bear if your life depended on it (except yours truly). Even prominent bears like Marc Faber and Peter Schiff were throwing in the towel. And when the Nasdaq was putting in a top on July 20th, I posted the following sentiment picture on this blog.
So, let me ask you again, is it possible that most bulls are waiting for a top that has already arrived?
That is exactly what I discuss in my last weekly update to my premium subscribers Click Here. And as you can very well understand, the right answer can make all the difference between being trapped in another massive leg down or moving harmoniously with the overall market.
This conclusion is further supported by my mathematical and timing work. It clearly shows a severe bear market between 2015-2017. In fact, when it starts it will very quickly retrace most of the gains accrued over the last few years. If you would be interested in learning when the bear market of 2015-2017 will start (to the day) and its internal composition, please CLICK HERE.
(***Please Note: A bear market might have started already, I am simply not disclosing this information. Due to my obligations to my Subscribers I am unable to provide you with more exact forecasts. In fact, I am being “Wishy Washy” at best with my FREE daily updates here. If you would be interested in exact forecasts, dates, times and precise daily coverage, please Click Here). Daily Stock Market Update. February 4th, 2016 InvestWithAlex.com
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David Stockman: The Time To Pay The Piper Is Now
We have covered David Stockman’s view on this blog quite a few times over the last few months. For one reason only. His fundamental analysis view matches my own to the tune of 90-95%. I highly recommend that serious investors watch the interview below. While a bit long, it is definitely worth 30 minutes of your time.
Investment Grin Of The Day
Investment Wisdom Of The Day
Investment Wisdom Of The Day
Investment Wisdom Of The Day
Investment Grin Of The Day
What You Ought To Know About Shorting Facebook & Getting Rich
1/8/2016 – Another down day with the Dow Jones down 168 points (-1.02%) and the Nasdaq down 46 points (-0.98%)
I have to admit something. I hate Facebook with passion. First, it is a cesspool of pointless narcissistic activity. Not for everyone, but the % is high enough. Now, I have learned a long time ago not to make “emotional” investment decision. That is why it warms my heart to see Facebook (FB) at such dizzying valuation levels.
Here is why I believe short sellers should drool all over Facebook (FB)
When Twitter (TWTR) was selling at $48, I wrote this….Why Twitter (TWTR) Should Go On Your “Stocks To Short” List Less than a year later it is trading 60% lower. With that in mind, I continue to maintain that the worst is yet to come for the company. By the time upcoming bear market ends, Twitter should be below $10.
With that in mind, I believe Facebook (FB) presents us with even a better shorting opportunity. In fact, I continue to believe that Facebook is one of the best shorts out there.
And while most investors today will laugh at me when I suggest that Facebook (FB) will see $20 a share over the next 3 years, I will laugh back when it does. I promise. Here is why……
- As discussed over the last few days, Facebook is massively overpriced. At its $275 Billion market cap, the company is now worth more than GE. At 10th the revenue base and a P/E of 95. I guarantee you, investors in Facebook today will look back in 2-3 years and wonder “What the hell were we thinking?”.
- I am beginning to notice quite a bit of fraudulent activity on Facebook when it comes to likes, promotions, paid advertising, etc… That is firsthand knowledge, but you can Google the same and do your own research. That suggests the Facebook is running out of growth and its multiple is not justified. By a long shot. I wrote about it here Why Facebook Remains An Amazing Short Opportunity
- See those massive gaps all the way down to $20 a share? Yep, they will have to be closed at some point.
- We are on a verge of a multi-year substantial bear market. Click Here. When such bear markets develop, if past is any history, such overvalued and over hyped stocks tend to lose 80-90% of their value. Just as the gaps above suggest. I don’t know why this time would be any different.
- Short interest is low.
Finally, even at $20 a share, Facebook will be extremely overpriced. In other words, I just gave you a 80% gainer, but its up to you what you do with it. As always, TIMING is the key here.
Have a great weekend everyone.
This conclusion is further supported by my mathematical and timing work. It clearly shows a severe bear market between 2015-2017. In fact, when it starts it will very quickly retrace most of the gains accrued over the last few years. If you would be interested in learning when the bear market of 2015-2017 will start (to the day) and its internal composition, please CLICK HERE.
(***Please Note: A bear market might have started already, I am simply not disclosing this information. Due to my obligations to my Subscribers I am unable to provide you with more exact forecasts. In fact, I am being “Wishy Washy” at best with my FREE daily updates here. If you would be interested in exact forecasts, dates, times and precise daily coverage, please Click Here). Daily Stock Market Update.January 8th, 2016 InvestWithAlex.com
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What You Ought To Know About Shorting Facebook & Getting Rich Google