Stock Market Update. April 29th, 2014. InvestWithAlex.com

An up day with the Dow Jones up 86 points (0.53%) and the Nasdaq up 29 points (0.72%).

With most markets pushing higher despite weaker consumer confidence and housing data, something doesn’t add up. While the S&P and the Dow are nearing their all time highs the Nasdaq is falling behind with a clearly defined short-term bearish trend in place.

Will the Nasdaq catch up to the Dow or is the Nasdaq acting as a leading indicator (a preview) of what is to come for the rest of the market? I continue to believe it’s the latter. With seasonal factors now in play and with our mathematical/timing work indicating a severe bear market between 2014-2017, the market is bound to head lower within a relatively short period of time.

When the bear market 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).

Did you enjoy this article? If so, please share our blog with your friends as we try to get traction. Gratitude!!!