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Stock Market Update. InvestWithAlex.com February 6th, 2014

Daily Chart February 6, 2014

Continue to maintain a LONG/HOLD position if invested -OR- be in CASH if not. 

2/6/2014 – Big day in the market with the Dow Jones up 188 points (+1.22%) and the Nasdaq up 46 points (1.14%). 

The question on everyone’s mind is…..has the market bottomed? Is the correction over? 

As of right now and based on my work I see very little evidence of that. Our primary points of force and their price targets remain intact (please see them below). At least for today. We might have to adjust those targets if we are to see strong follow through over the next few trading days, but that is still to be seen. The market opened up with a 60 point gap in the morning, giving us an early indication that it will turn around and go lower (in short order) to close the gap. Further, subsequent move lower to hit our points of force before any sustained bounce from the January-February sell off can take place is highly probable. 

As such, our current position remains intact. If you are in CASH, maintain your cash position while waiting for a technical confirmation that the Bear market has started. Otherwise, maintain a long/hold position.  The long-term trend is still intact and bullish. 

Short-Term Projections:

As of today, I am not adjusting the points of force below. My mathematical work shows two points of force coming in February. Typically we should anticipate a turning point on such dates. (Would you like to see the exact points of force in both price and time? Please +Subscribe to our premium service above). 

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Stock Market Update. InvestWithAlex.com February 6th, 2014 Google

Daily Chart February 6, 2014

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Daily Stock Market Update. InvestWithAlex.com February 4th, 2014

Daily Chart February 4, 2014

Continue to maintain a LONG/HOLD position if invested -OR- be in CASH if not. 

2/4/2014 – A fairly slow bounce day in the market with the Dow Jones being up 72.44 points (+0.47%) and the Nasdaq being up 34.5 points (+0.86%). 

As of right now there is no indication in my mathematical work that this particular bear leg from the December 31st, 2013 top is over. I have a number of points of force showing a lower Dow Jones before an eventual turn around and a bounce. I advise that you continue to maintain our In Cash -or- Hold/Long position as we wait for the bear market confirmation. 

While such a stance might cause further short-term losses, it is the most prudent thing to do from a long-term trading strategy.

Short Term Update:  My short-term update includes exact points for force and anticipated turning points in both price and time. If you would be interested in knowing when the market will turn around….please visit our premium Subscriber section. 

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Daily Stock Market Update. InvestWithAlex.com February 4th, 2014 Google

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Stock Market Update. InvestWithAlex.com January 27th, 2014

Daily Chart January 27 2014

Summary: Continue to maintain a LONG/HOLD position. 

1/27/2014 – Another down day for the market with the DOW being down 41 points or (-0.26%). The NASDAQ was down 44.5 points or (-1.08%) as it played catch up closing the divergence gap mentioned here last week.

Overall, the short term trend is down, while the long term picture remains bullish. We did identify December 31st, 2013 as the major turning point and the beginning of the bear market that should take us into the 2017 lows.  Yet, we must first wait for a technical confirmation before reversing our long/hold position and going short.

Short term, the market could experience further weakness, before reversing and closing before mentioned gaps in the 16,400 range.  

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Daily Stock Market Update, January 21st, 2014

Daily Chart January 21 2014

Summary: Continue to maintain a LONG/HOLD position. 

1/21/2014 – While there was a 200 point swing on the DOW, the market ended up relatively flat. With the DOW closing -44 points or (-0.27%), S&P ending the day flat while NASDAQ was up +0.67%. Just as the markets ended up being all over the place, I am beginning to see a number of divergences appear in various sectors of the market (including international markets). This should come as no surprise to us. This is consistent with our work indicating that the bear market will start over the next few months.

The market is topping out and this is what it looks like. At the same time, I did notice a constant stream of “Bear or Short” articles over the weekend. Most talk about the market being overvalued, overbought and is set for a fall. Most definitely, that is true.  However, open bearish discussion clearly suggests that the market hasn’t finished going up…..just yet. As my earlier forecast indicated, a 700 point rally into 17,100 on the DOW is highly probable. As such, everything remains consistent with our overall analysis to maintain our long position for the time being. 

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Daily Stock Market Update, January 21st, 2014

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Daily Stock Market Update, January 17th, 2014

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

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Daily Stock Market Update, January 16th, 2014

Daily Chart January 16 2014

 

Summary: Continue to maintain a LONG/HOLD position.  

1/16/2014 – The stock market is stuck in the trading range since the start of the year with the DOW being down -68 points or (-0.41%). It is important to note that the market opened with a gap down and while trading closed the “UP” gap opened yesterday. Why is that important? Market always closes its gaps. Sometimes right away and at times it takes a few years. The gap down in the morning means the market must close this gap before any reasonable down move can start. This works very well with our overall analysis and the notion that the bear market will start over the next few months. We continue to hold our overall long position as there has been no change in the overall trend. 

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Daily Stock Market Update, January 16th, 2014

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End Of The Day Stock Market Update, January 14, 2014

 Daily Chart January 14 2014

Summary: Continue to maintain a LONG/HOLD position. 

1/14/2014 – Just a normal day and nothing to write home about. After yesterday’s sell off the market opened with a gap up and kept going up. The day ended with the DOW being up +116 or (+0.71%). From our long term perspective there has been no change. I continue to advice to hold your long position for the time being. While over the short term the market might go down even further, my mathematical work indicates that the Bull market that started in March of 2009 has a LITTLE bit longer to go. Either way, we have to wait for a confirmation before reversing position.   

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Stock Market Update, January 10th ,2014

daily chart Jan10, 2014

 

Summary: Continue to maintain a LONG/HOLD position. 

Make no mistake. A severe bear market is coming and will start in 2014. That has always been my position and my advanced mathematical work confirms. If you would like to get a little bit more information, please click on the report at the bottom of this post to learn more. 

Fundamentally speaking, there is no reason for the market to be at these levels. The rally you see has been caused by a number of things. 1. Massive credit infusion into the financial markets/economy in the form of QE by the FED to the tune of $85 Billion per month. 2. Pure speculation and people panicking into stocks. 3. Market structure based on my mathematical work. Also known as, the market must complete its up move before reversing downward. 

Technically speaking, while the market is showing signs of a fatigue and a roll over, this is not yet the top.  Either way, we have to wait for a technical confirmation before reversing position. My previous updates and various fundamental issues associated with the market 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, January 10th, 2014

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Stock Market Update, January 3rd, 2014

 daily chart Jan3, 2014 

Summary: Continue to maintain a LONG/HOLD position. 

The stock market continues to “Melt Up“, setting new daily highs and in the process ending 2013 with a massive 24% gain. As of right now, the trend continues to be up.  As such, there is no change in our overall position for the time being. As my mathematical work clearly shows and as I have stated numerous times here, the bear market will start shortly. Either way, we still have to wait for a technical confirmation. 

Many bears have been emailing me lately and asking how is it possible that the market continues to go up. Something important has to be understood. The stock market traces out exact mathematical patterns as it moves over time. Meaning, the market is doing exactly what it should be doing. You see, there is a point located in both price and time that the market must hit before resuming its bear market later this year. Think of this point as a point on a map where all roads converge. The market must go there before reversing. All other fundamental and otherwise technical indicators, do not matter. It must hit that point before reversing. Such market behavior is the reason why a lot of people get hurt playing the “short term” fundamental game. 

Back to the market. My previous updates and various fundamental issues associated with the market 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, January 3rd, 2014

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Stock Market Update, December 27, 2013

December 27th, 2013 chart  

Summary: Continue to maintain a LONG/HOLD position. 

The stock market continues to “Melt Up“, setting new daily highs in the process. The trend is most definitely up.  As such, there is no change in our overall position for the time being. As my mathematical work clearly shows and as I have stated numerous times here, the bear market will start in early 2014. 

From the psychological as well as the technical perspective the market is significantly overbought and is set for a pullback. People are falling all over each other calling for some sort of an Economic miracle that will propel the US over the next few decades. All of that is just noise and you shouldn’t buy into that. Simply put, this market is driven by cheap credit, speculation and structure of the market itself (timing work that I do). Yet, rest assured, the bear market is just around the corner. Short term, my work shows a significant turning point around January 1st. I would expect a significant pullback to start shortly. At the same time, it will not be the beginning of the bear market. Hence, the advice to continue holding our long position. 

My previous updates and various fundamental issues associated with the market 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, December 27, 2013