timing is everything

Daily Chart January 17 2014

Summary: Continue to maintain a LONG/HOLD position.

01/17/2014 – Slow day in the market. While the S&P and NASDAQ were both down to the tune of -0.50%, the DOW inched up 40 points or (+0.25%). As mentioned yesterday, the DOW closed the “DOWN GAP” that was originated on Thursday during the trading day today. We continue to be stuck in the trading range since the beginning of the year. According to my work this has to do with a number of cycles topping out on or around January 1st of this year. In other words, the powerful rally we have witnessed in the late 2013 is running out of steam. While the trend is still Bullish the market is starting to exhibit signs of a fatigue and an eventual roll over. Still, as of today, it is prudent to maintain our long position while we wait for a confirmation. Weekly summary coming up tomorrow.

Daily Stock Market Update, January 16th, 2014

Summary: Continue to maintain a LONG/HOLD position.

Once again, no change since the last market update to alter my opinion. As my mathematical work clearly shows, the bear market will start in 2014. Would you like to know the exact date of the turn? I will make that information available in early 2014.

For now, the market continues to push through it’s daily highs, behaving as anticipated. My previous updates remain right on the money. Please click on the links below to see them.

November 22nd Report

November 15th Report.

November 8th Report.

November 1st Report.

As we continue to hold our long position while waiting for the market reversal, right now might be a good time to start thinking about how you would liquidate your holding and/or re-allocate your capital once the bear market of 2014-2017 starts.

If you would like to take it one step further, this is a good time to start researching SHORT opportunities.

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

Stock Market Update, November 29th, 2013