Daily Stock Market Update. June 13th, 2014. InvestWithAlex.com

An up day with the Dow Jones up 40 points (+0.24%) and the Nasdaq up 13 points (+0.30%).

MarketWatch had a fairly good article 3 reasons why the Dow doesn’t deserve to be at 17,000. Here is a quick summary of the reasons why…..

No one is really buying.
Corporate earnings are flat.
There are no alternative investments.

I can come up with 100 more just off the top of my head, but fair enough. They are, of course, absolutely right. As I have mention so many times before the market has disconnected from any sort of fundamental reality quite a while ago. It is in a massive speculative bubble (thanks for the FED liquidity party) and it WILL come crashing down to earth. Make no mistake about it. The only question is…..WHEN?

Well, my work shows a severe bear market between 2014-2017. 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. June 13th, 2014 InvestWithAlex.com

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