Daily Stock Market Update. June 30th, 2014. InvestWithAlex.com

Another mixed day with the Dow Jones down 25 points (-0.16%) and the Nasdaq up 10 points (+0.23%).

A fairly quiet end to a pretty good quarter. The Dow bottomed on April 11th (the point we have identified) at 16,025 and proceeded to rally 800 points or 4.9% to end the quarter at 16,826. Yet, if we are to measure Dow’s performance from December 31st, 2013 top of 16,588, this YTD’s positive return drops to a measly 1.5%.

Believe it or not, that was the good news. With the markets sitting near its all time highs (and at an incredible valuation levels), the chances of this performance continuing for the rest of the year are slim to none. In fact, when we take the general level of complacency, overvaluation, volume/volatility, FED tightening, bear capitulation, etc… into consideration, one could make a fairly good argument that the market is set for a large drop.

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. June 30th, 2014 InvestWithAlex.com

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