Daily Stock Market Update. May 2nd, 2014. InvestWithAlex.com

A down day with the Dow Jones down 46 points (-0.28%) and the Nasdaq down 4 points (-0.09%).

The market has, more or less, flat lined since it’s bounce rally termination point on April 22nd. Over the last 10 trading days the Dow barely moved in net terms, putting most investors and traders into the state of sleep (my subscribers knew of this likely development since April 24).

As I insinuated here before, low energy/flat markets/ low volume/no volatility periods are often followed by powerful and high velocity moves. Remember, it’s the market’s job to bore you to death and put you into a comfortable state of sleep before surging higher or slamming the market lower. In fact, 1987 crash is a perfect case study of such a time.

While I am not suggesting that we will have a 1987 style crash here, I am suggesting that you should be very alert here. Based on our mathematical and timing work the bear market of 2014-2017 is just around the corner.

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).

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