5/3/2016 – A negative day with the Dow Jones down 139 points (-0.78%) and the Nasdaq down 54 points (-1.13%)
If you are confused by the recent market moves, you are not alone. As a matter of fact, you are in pretty good company. Most top money managers are currently scratching their heads while wondering “what the hell is going on”. For instance…..
I would have to admit, quite a few things do not make sense here. Most importantly, the earnings Vs. the stock market performance we are witnessing today. With GAAP earnings down over 18% y-o-y and with forward guidance coming down, the stock market continues to miraculously levitate. Mostly due to the FED and their supposed unwillingness to raise interest rates. All while the Shiller’s S&P P/E Ratio is at 26, the third highest level ever.
With that said, let’s consider TIMING analysis.
- As we pushed into November of 2015 I outlined an incredibly important TIME turning point to my subscribers. Located at November 27th (+/- 2 trading days). And while the Dow did put in an actual top on November 3rd, the secondary top did arrive on our November 27th TIME turning point.
But it wasn’t as easy as that. The Dow continued to oscillate for another four weeks, remaining essentially flat, before breaking down in late December and early January of 2016. Why? There were additional cycles arriving during that time. One on December 16th and one on December 27th. Once they completed the market collapsed. Please note, during the entire ordeal, in November and December, I maintained my position/analysis that the market is about to roll over and collapse. Which it eventually did. Here is what it looked like on the chart at that time.
- The recent rally, off of February lows was caused by a powerful TIME cycle arriving on February 16th. Just a few trading days past the actual February 11th bottom. That is all that I can reveal about this move at this juncture.
What happens next or when will the next powerful TIME cycle arrive?
Please Click Here to find out.
This conclusion is further supported by my mathematical and timing work. It clearly shows a severe bear market between 2015-2017. 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 2015-2017 will start (to the day) and its internal composition, please CLICK HERE.
(***Please Note: A bear market might have started already, I am simply not disclosing this information. 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 3rd, 2016 InvestWithAlex.com
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