Another down day with the Dow Jones down 118 points (-0.69%) and the Nasdaq down 60 points (-1.35%)
The stock market continues to develop as per our exact forecasts. Click Here If you follow traditional financial media, you head should be spinning right about now. Where they have tried to explain last week’s rally with proposed/anticipated double digit earnings growth and baked in Dow 20,000, this week’s sell off is attributed to Concern Over ‘Severe’ Pullback Sends U.S. Stocks Lower So, which one is it? One thing is for sure, trying to explain any sort of market action after the fact is a fools game.
Luckily for you, I don’t play that game. Simply put, the stock market is in the process of building a complex top before a massive bear market begins. In the meantime, the market will continue to oscillate up and down, without as much as going anywhere and driving everyone insane. When will this sideways market end? When will the market top out and when will the bear market start? While I wish I could post this information here, I cannot.
I can tell you one thing. Getting out at the top in 2014 would be equivalent to getting out at the top in 1987, 2000, 2007, etc…
This conclusion is further supported by my mathematical and timing work. It clearly shows a severe bear market between 2014-2017. 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 2014-2017 will start (to the day) and its internal composition, please CLICK HERE
(***Please Note: 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. July 8th, 2014 InvestWithAlex.com
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Daily Stock Market Update. July 8th, 2014. InvestWithAlex.com Google