An up day with the Dow Jones up 65 points (+0.39%) and the the Nasdaq up 23 points (+0.54%).
Secular bear markets typically end where they have started (ex: 1897-1914, 1929-1949, 1966-1982 and 2000-2017). What’s interesting is that there is a perfect alternating bull/bear cycle that lasts 16-18 years going all the way back to May 17th of 1790 (first official day of trading in the US).
I am bringing this up because A LOT of people have assumed that a brand new secular bull market has started on March 6th, 2009. What they don’t realize is that we’ve never had a bear market last only 9 years. NEVER and it’s not going to happen now. Plus, despite the “New Bull Market”, here is the reality from the 2000 top (14 years later)….
- DOW: +44% (2.65% annualized gain….should have bought bonds).
- S&P: +38% (2.35% annualized gain….should have bought bonds).
- NASDAQ: -16% (what gain?)
By the time the bear market of 2014-2017 completes itself, the green above will turn red. Proving, once again, that there is a beautiful internal mathematical structure to the market that cannot be altered.
This is further confirmed by my mathematical and timing work. Again, 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 exactly when the bear market will start (to the day) and its subsequent 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. May 29th, 2014. InvestWithAlex.com
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Daily Stock Market Update. May 29th, 2014. InvestWithAlex.com Google