The apparent onslaught of positive news for the stock market continues unabated. Open any financial publication today and you will get an impression that the stock market is not only hitting new all time highs on the daily basis, it will soon be approaching the Moon’s orbit.
Even President Trump jumped into the Twitter ring to remind the mindless peasants under his management that the sudden spike was entirely because of his efforts. After all, apparently we are in the best economy in the history of humanity and that it was him who jawboned Mr. Powell into supposed interest rate cuts. Again, interest rate cuts for the best economy humanity has ever seen 😀 .
The reality, as always, is a little bit different. You see, there was a fairly powerful TIME turning point arriving on June 3rd. You can read about it here. The market promptly turned around on a dime and staged a fairly powerful bounce.
I say a bounce because the S&P finds itself just a few points above its January of 2018 top. That’s 18 months ago if you can’t count without using your smartphone. The Dow is below the same top while the NYA (largest index by capitalization) is not even remotly close.
How would you spin that Mr.Trump?
The devil, as they say, is always in the details. So, if you would like to find out what the stock market will do next, based on our timing and mathematical work, please Click Here
This Week’s Journal consists of the following topics
- Dow’s Biggest June Gain In 80 Years
- BOOYAH!!!: The S&P Is Up 17% YTD
- Shame: Julian Assange Is Being Tortured….No One Cares
- Forget The Stock Market, The American Economy Is Being Gutted From The Inside
- Those Who Expect A Quick War With Iran Are In For A Shock
- Here’s What Happens If Trump’s Trade Deal Fails
- Trump Or Duterte: “Sons of Bitches, I Will Jail You For Trying To Impeach Me”
- Plus, Find Out What The Stock Market Will Do Next
Finally, you don’t have to guess what the stock market will do next under today’s extreme conditions. If you would like to find out exactly what the stock market will do next, in both price and time, based on our timing and mathematical work, please Click Here.
Please Note: Our latest call was a direct hit. While everyone was panicking our work projected an important bottom on December 27th (+/- 1 trading day) on the Dow at 21,725 (+/- 50 points). An actual bottom was put in place on December 26th at 21,713.