1/9/2019 – A positive day with the Dow Jones up 91 points (+0.39%) and the Nasdaq up 60 points (+0.87%)
Having fun yet? 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.
Quite a few very interesting things to go over today. So, just a few links and some charts…….
Dow and S&P 500 are on the brink of exiting a stock-market correction
A new year, a new market. The Dow Jones Industrial Average and the S&P 500 appear in position to exit correction territory if a multiday rally on risk assets continues apace.
Yes, Yes, Rejoice.
Stock Market Dependent Fed: Four Fed Presidents Speak in Favor of Pausing Hikes
Forget about the Fed being data dependent. It’s stock market dependent.
Is water wet?
The government shutdown spotlights a bigger issue: 78% of US workers live paycheck to paycheck
MAGA? Paging Mr. Trump…..I thought this was supposed to be the best Economy ever since aliens build the pyramids, at least according to President Trump, but what do I know.
This chart shows how closely the stock market has echoed a selloff from the 1950s
When you have no clue what you are analyzing.
My “Fed Hawk-O-Meter” Speaks
Wall Street’s hope for a dovish Fed may not be entirely fulfilled, it seems.
And finally…….
Big Picture… What Has Changed in the Last Week?
Hint…..nothing.
All of the above is very confusing. From one point of view the worst is over and the stock market is about to surge higher. The other points to the gates of hell opening up for the US stock market and the overall economy.
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.