A positive day with the Dow Jones up 41 points (0.25%) and the Nasdaq up 26 points (0.64%).
With today’s close being just a few points away from Wednesday, April 16th close, the DOW is flat lining. This is indicative of either a pause in a rally or a slow roll over into the next bear leg. Yet, what the market does on the day-to-day basis is somewhat irrelevant. What you have to ask yourself is where we are in the overall cyclical composition of the stock market. If you study the stock market all the way back to May of 1790 (when it first started trading) you would eventually come to a realization that the bear market that started on January 14th, 2000 is NOT technically over. You would also realize that most bear markets end with a severe 2-3 year down markets. (Ex: 1912-1914, 1946-1949 and 1980-1982).
This is further confirmed by our mathematical/timing work and it’s application to the current bear market. Again, our work shows a severe bear market between 2014-2017. 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 exactly when the bear market will start (to the day) and its subsequent internal composition, please CLICK HERE
(***Please Note: 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).
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Stock Market Update. April 21st, 2014. InvestWithAlex.com Google