6/18/2016 – A mixed day with the Dow Jones down 103 points (-0.41%) and the Nasdaq up 1 point (+0.01%)
This stock market appears to be a head scratches, at least to most investors.
So much so that we are beginning to see major divergences not only in various indices, but the sentiment readings as well.
Bulls argue that things have never beet better with the headlines like this….
- Amazon CEO Jeff Bezos is now worth a record $141 billion—here’s how he became the richest person in the world
- Why tech and small cap stocks are on fire
But not all is well in the land of milk and honey
“You look at prices of stocks, real estate, anything,” he said. “We’re going to have to mean revert to a normal real rate of interest with a normal term premium that’s existed for 250 years. We’re going to have to get back to that. We’re going to have to get back to a sustainable fiscal policy and that probably means the price of assets goes down in the very long run.”
In the short run, the market is “jacked up and ready to go,” he said. Blankfein added that it’s like “pouring lighter fluid on an already lit fire.”
Confused yet?
Our view on the subject matter is rather simple. Well, considering our overall mathematical and timing stock market work.
The indices that are currently surging to all time highs, for instance the Nasdaq/Russell 2000, are simply tracing out unfinished patterns within a predetermined time frame.
Other less speculative indices, such as the Dow/S&P might have already completed their respective bull markets. At least that is one of the scenarios.
If you would like to find out exactly what the stock market is doing and when it will crater, based on our mathematical and timing work, including exact Time/Price target charts, please Click Here
