2/2/2015 – An up day with the Dow Jones up 196 points (+1.14%) and the Nasdaq up 41 points (+0.89%).
After our December 26th top call, the stock market continues to perform just as forecated. If you would like to find out what happens next, a bounce or a big sell-off, please Click Here.
It is a well known Wall Street adage, “As goes the January so goes the rest of the year”. And while it didn’t work last year, 2015 might just do the trick. After all, it was a significant down month and the volatility is certainly back. Consider the following…..
So, should you be concerned? I believe so. Despite January’s tribulations and bad “omens”, the majority of investors out there remain overwhelmingly bullish. Despite recent evidence to the contrary they continue to believe that we are in a long-term secular bull market and that every dip should be bought.
As I have suggested here so many times before, nothing could be further from the truth. First, a secular bear market that started in 2000 will not complete until 2017. And at a much lower print. Second, the weaknesses we are seeing on multiple levels should not be dismissed as a “buying opportunity”. Finally, the volatility is back. And as I have said so many times before, it will drive both bulls and bears up the wall. January is a good example of what to expect over the next 2-3 years.
This conclusion is further supported by my mathematical and timing work. It clearly shows a severe bear market between 2014/15-2017. 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 2014/15-2017 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. February 2nd, 2015 InvestWithAlex.com
Did you enjoy this article? If so, please share our blog with your friends as we try to get traction. Gratitude!!!
