An up day with the Dow Jones up 79 points (+0.47%) and the Nasdaq up 27 points (+0.63%)
Quite an interesting day, full of contradictions.
- Yield Curve Continues To Flatten (Just as I have been predicting here since last year)
- Marc Faber: The asset bubble has begun to burst
- QE to end in October, FED Fears Investors Are Too Complacent
So, let me get this straight. The yield curve is flattening, the FED is tightening and even Janet Yellen now thinks that the market is out of sync with reality. Yet, the market keeps going higher (developing as per our internal forecasts). Yet, you have fools predicting the DOW 20,000 by the end of the year. I think the most accurate representation of today’s market environment would be imagining a lit fuse disappearing into a 40ft container load full of TNT.
I have said it before and I will say it again. As the market continues to be stuck in a very tight trading range (since the beginning of this year), it continues to accumulate energy. When this energy is finally released, there will be hell to pay. Literally. In other words, investors who ignore this warning will pay dearly, just as they did in 2007.
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 9th, 2014 InvestWithAlex.com
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Daily Stock Market Update. July 8th, 2014. InvestWithAlex.com Google