8/6/2014 – A slight up day with the Dow Jones up 13 points (+0.08%) and the Nasdaq up 2 points (+0.05%).
The stock market continues to behave as anticipated. So much so, that my subscribers know not only where this correction will bottom, but also the exact date. Plus, what to expect from the resulting rally. Click here to learn more.
I often get asked why I am so bearish or negative on today’s financial markets. Such people miss the entire point. I am neither a bull nor a bear. In fact, I could care less if the stock market is about to surge higher or collapse into a 2009 bottom. What is important is my mathematical and timing work. The same work that have made me incredibly excited and bullish in the first week of March 2009. Watching the Dow slam right into my target bottom on March 6th was a thing of beauty.
Which brings me to the point I am trying to make. There is a small subset of investors who are inversely predispositioned to the market. As opposed to other investors, it is in their nature to question things that do not make sense and to go against the grain when their research proves conclusive. Typically, such investors are able to outperform the market by a large margin.
For instance: India central bank chief warns of another market crash
India’s central bank governor, renowned for forecasting the 2008 financial meltdown, has warned that the world economy faces risk of another market crash as asset prices surge.
What is it that he sees that most other market participants in today’s environment miss? May it be extreme overvaluation levels, FED tightening, flattening yield curve, multiple divergences, speculative fever, etc……What is it? Most likely all of the above. Once again, if you are able to step away from the fire it is incredibly easy to see that the overall stock market is in a massive bubble that must unwind. One way or another.
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. August 6th, 2014 InvestWithAlex.com
Did you enjoy this article? If so, please share our blog with your friends as we try to get traction. Gratitude!!!