1/17/2019 – A positive day with the Dow Jones up 163 points (+0.67%) and the Nasdaq up 49 points (+0.71%)
As we have been saying, the stock market remains at an incredibly important juncture. Things are about to accelerate in an unexpected way. If you would like to find out what happens next, based on our timing and mathematical work, in both price and time, please Click Here.
President Trump told you to buy stocks on December 25th, just a few hours before a market bottom was put in place on December 26th. To be exact, the president said “it’s a tremendous opportunity to buy. Really a great opportunity to buy”. It is our hope that Mr. Trump was reading our analysis projecting December 27th (+/- 1 trading day) bottom at 21,725.
All joking aside, I highly encourage you to read the following analysis in full…..
Investors in short-term Treasuries and savings products are having a field day.
The US Treasury yield curve is having some bad-hair days. It is overall flat-ish, but within this description, it is steepening at the short end, sagging in the middle, and steepening at the long end. And all of it, from the one-month yield on up, is above the rate of inflation as measured by CPI, something we haven’t seen in that magnitude since the brief deflation scare in 2009.
I find the above interesting because most investors are completely ignoring the yield curve at the present moment. Since the inversion directly, and historically I might add, challenges their bullish narrative, it is automatically dismissed.
We have argued in the past that the inversion itself is not as important as the flattening of the yield curve and margin disruption. The inversion itself is the icing on the cake, so to speak, and is now clearly apparent in financial earnings.
Point being, the yield curve is screaming bloody murder and no one is listening. Will this be the first instance EVER where the inversion is ignored by the “Never Ending Bull Market”?
Luckily, you don’t have to guess. If you would like to find out what the stock market will do next, in both price and time, based on our mathematical and timing work, please Click Here
Please Note: Our latest call was a direct hit. While everyone was panicking our work projected an important bottom on December 27th (+/- 1 trading day) on the Dow at 21,725 (+/- 50 points). An actual bottom was put in place on December 26th at 21,713.