3/18/2015 – An up day with the Dow Jones up 227 points (+1.27%) and the Nasdaq up 45 points (+0.92%)
If you recall, in the last two weeks of February the market barely moved. And towards the end of February I suggested that this period of low volatility is coming to an end. Boy, did it ever. After the market topped out on March 2nd, the Dow has delivered close to 2,500 points in short-term market swings. That’s pretty impressive!!!
What happens next?
Today’s market rally was obviously FED induced. What did they say? Blah, blah, blah…….blah, blah. Literally. The FED wanted flexibility, to raise or not to raise, and that is precisely what their statement entails. Nothing more or less. In the final analysis, the talking heads can now spend another month dissecting every word in their never ending quest to find meaning.
In terms of the stock market, the bulls are large and in charge. Or so it appears. The stock market played out exactly as one of our scenarios suggested (subscriber section). And while the bulls feel vindicated, I wouldn’t get too excited just yet. The volatility we have experienced over the last few weeks is here to stay and the bulls might very quickly find themselves on the other side of the FED’s stupidity.
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. March 17th, 2015 InvestWithAlex.com
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