Stock Market Update, December 19th, 2013

  December 19,2013 chart

Summary: Continue to maintain a LONG/HOLD position. 

The stock market continues to push higher, 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 2014. If you would like to know the exact date of the turn, I will make that information available in early 2014. 

For now, the market continues to linger around its all time highs. 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 19, 2013

Stock Market Update, December 13, 2013

daily chart Dec 13, 2013  

Summary: Continue to maintain a LONG/HOLD position. 

Even though in the short-term the market has reversed itself and has turned bearish, the long term bull remains very much intact. As such, there is no change in our overall position for the time being. As my mathematical work clearly shows, the bear market will start in 2014. If you would like to know the exact date of the turn, I will make that information available in early 2014. 

For now, the market continues to linger around its all time highs. 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, December 13, 2013

Stock Market Update, December 6th, 2013

daily chart Dec 6, 2013  

Summary: Continue to maintain a LONG/HOLD position. 

Even though the market has reversed itself, just a little bit, there is no change in our overall position for the time being. As my mathematical work clearly shows, the bear market will start in 2014. If you would like to know the exact date of the turn, I will make that information available in early 2014. 

For now, the market continues to linger around its all time highs. 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, December 6th, 2013

Stock Market Update, November 29th, 2013

daily chart Nov 29, 2013

  

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

Stock Market Update, November 22, 2013

daily chart Nov 22, 2013

Summary: Continue to maintain a LONG/HOLD position. 

Once again, no change since the last market update to alter my opinion. The market continues to push through it’s daily highs as it marches forward.  My previous updates remain right on the money. Please click on the links below to see them. 

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 22, 201

Stock Market Update, November 15th, 2013

daily chart Nov 15, 2013

 

Summary: Continue to maintain a LONG/HOLD position. 

Once again, no change since the last market update to alter my opinion. The market continues to push through it’s daily highs as it marches forward.  My previous updates remain right on the money. Please click on the links below to see them. 

November 8th Report.

November 1st Report.

With that said, I would like to point out two things that you must keep in mind.

1.  As of right now, everyone is asleep at the wheel.  Meaning the market is continuing its slow ascend and the volatility is not there.  Everyone expects this to continue indefinitely.

2.  Bullish sentiment is close to record highs. I don’t see any bears. None at all. Even the people who used to be bearish have turned bullish. Bottom line, everyone expects the bull to continue.

When you combine both factors together, you end up in a dangerous situation. Kind of like speeding while driving drunk. In more simple terms, the market is perfectly setup for a volatile down move here. As we continue to hold our long position we wait for the reversal and the confirmation that the bear market into the 2016-2017 bottom has started. 

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

Stock Market Update, November 15th, 2013

Stock Market Update, November 8, 2013

daily chart Nov 8, 2013

Summary: Continue to maintain a LONG/HOLD position

Not much has changed since the last market update to alter my opinion. The market continue to push through its daily highs as it marches forward.

While everything I have mentioned before is still in play (Please Click Here To View Previous Market Update), …..here is the difference. 

Since early September of this year I have maintained that the market is topping and will resume its bear market shortly. As of now there is categorically no adjustment to that view.  Yet, I have also mentioned that there were two possible time frames for the bear to begin. September -November of 2013 or March of 2014.  I have argued that if we are too see the bear market now (from September of 2013 top) the market must start its down move in October or early November of this year.  As of now, that window has basically closed.

That leads me to believe that March of 2014 will be the final top (even if its lower than where we are today) before a prolonged BEAR MARKET into the 2016-17 bottom.  My timing work doesn’t show any serious turning points between now and the end of the year.  That means the market is unlikely to experience severe volatility between now and December 31st.  The next inflection point I see is January 1st, 2014. I will discuss that later.

As such, I recommend holding a LONG position until the market tells us otherwise. 

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 1st, 2013

daily chart Nov 1, 2013

Summary: Continue to maintain a LONG/HOLD position

Not much has changed since our last weekly update. Even though the DOW set a new high by a few points, it doesn’t really matter. In fact, I will leave my last weeks update mostly intact while adding a few little things here.

1. Trippe tops spread out over weeks or months are notoriously dangerous. That is exactly where we are. They typically indicate the end of a move and beginning of a counter move (or bear market in our case). Unless the market breaks to the upside here, this might be the end. 

2. My mathematical work is showing that this energy level is tapped out. The market has no room nor energy to go higher here. That is why we are seeing the triple top. 

3. The market left a huge gap around 14,800, it must go back there before any sustained rally can take place. 

LAST WEEKS MARKET SUMMARY: Still Valid 

This is where the picture gets a little bit fuzzy.  According to my mathematical work there is no doubt that we are at the inflection point with two possible outcomes.

  1. September 2013 top was indeed the top and the bear market down leg will resume shortly.
  2. The final top (a little bit higher or lower than September 2013 top) will be set in March of 2014. Thereafter the market will roll over and begin its bear phase.

As I have mentioned many times before, my mathematical work is clearly showing that the bull is ending and the 2-3 year Bear market is just beginning.  I would call the exact date, but there is just too much interference right now.  Unless a severe down leg starts over the next 2 weeks, we will have to wait until March of 2014 for the Bear to start. Until that happens a lot of ups and downs without so much as going anywhere.  The rest of my analysis remains the same.

Over the next few weeks we will find out if the if the bear market has already started or will start in March of 2014. Should the market break below 14,600 over the next two weeks, the probability is high that we have already started the bear market leg into the final 2016 bottom.  The market is certainly going back into the 14,800 as it left a huge gap there, but a firm break below 14,600 will give us a confirmation that the bear is back.

At the same time we cannot yet ignore the technical picture with the market being near an all time high. As such, I continue to advise you to maintain a LONG/HOLD position while waiting for the confirmation that the bear market has indeed started.  

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

Stock Market Update, October 25th, 2013

daily chart Oct 25, 2013

Summary: Continue to maintain a LONG/HOLD position

In the last couple of updates I have mentioned that the market will bounce to the 15,300-15,500 on the DOW in order to close all the gaps and to satisfy all of my requirements. Well, we are here, what’s next?

This is where the picture gets a little bit fuzzy.  According to my mathematical work there is no doubt that we are at the inflection point with two possible outcomes.

  1. September 2013 top was indeed the top and the bear market down leg will resume shortly.
  2. The final top (a little bit higher or lower than September 2013 top) will be set in March of 2014. Thereafter the market will roll over and begin its bear phase.

As I have mentioned many times before, my mathematical work is clearly showing that the bull is ending and the 2-3 year Bear market is just beginning.  I would call the exact date, but there is just too much interference right now.  Unless a severe down leg starts over the next 2 weeks, we will have to wait until March of 2014 for the Bear to start. Until that happens a lot of ups and downs without so much as going anywhere.  The rest of my analysis remains the same.

Over the next few weeks we will find out if the if the bear market has already started or will start in March of 2014. Should the market break below 14,600 over the next two weeks, the probability is high that we have already started the bear market leg into the final 2016 bottom.  The market is certainly going back into the 14,800 as it left a huge gap there, but a firm break below 14,600 will give us a confirmation that the bear is back.

At the same time we cannot yet ignore the technical picture with the market being near an all time high. As such, I continue to advise you to maintain a LONG/HOLD position while waiting for the confirmation that the bear market has indeed started.  

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

Stock Market Update, October 18th, 2013

daily chart Oct 18, 2013

Summary: Continue to maintain a LONG/HOLD position

In my last weekly update I suggested that traders should set themselves up for a rally that was surely to come due to the US Government resolution. We did get that rally over the last couple of days and the DOW now sits close to the previously suggested range of 15,300-15,500.

Most importantly, we are approaching the moment of truth.

Ladies and gentleman, this is the moment we have all been waiting for. Over the next few weeks we will find out if the bear market has already started or will start in March of 2014. Should the market break below 14,600 over the next two weeks, the probability is high that we have already started the bear market leg into the final 2016 bottom.  The market is certainly going back into the 14,800 as it left a huge gap there, but a firm break below 14,600 will give us a confirmation that the bear is back.

What’s more, my timing work is giving me further confirmations that September 2013 was indeed the top. I will discuss these points over the next few weeks, but there are clear mathematical points of force that lead me to believe that a higher top on the DOW over the next couple of months is highly improbable.

At the same time we cannot yet ignore the technical picture. As such, I continue to advise you to maintain LONG/HOLD position while waiting for a confirmation that the bear market has indeed started.  

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