1/16/2019 – A positive day with the Dow Jones up 141 points (+0.59%) and the Nasdaq up 10 points (+0.15%)
As we have been saying, the stock market remains at an incredibly important juncture. Things are about to accelerate in an unexpected way. If you would like to find out what happens next, based on our timing and mathematical work, in both price and time, please Click Here.
Bullish sentiment is back with the vengeance. This is just a small sample of what MarketWatch looks like today. Most other financial portals we follow look very similar….
- Head of world’s largest asset manager says stock market has hit a bottom — but this would make it surge
- These beaten-down stocks are expected to roar back in 2019
- If Wall Street busts higher again, this stock sector is a no-brainer
- Why retirees shouldn’t fear a bear market
Oh, My……
Traditional sentiment indicators tend to support this notion as most find themselves at their pre sell-off levels.
Yet, nothing has changed. If anything, the fundamental backdrop continues to deteriorate. The debt is still surging, earning estimates are collapsing, the yield curve is still inverted, the stock market is still incredibly overpriced, trade war is still boiling over, Trump is still acting crazy, etc……
Yet, no one is pausing to consider the other alternative. What if the late 2018 sell-off was just a warning shot of what is to come?
Well, was it???
Luckily, you don’t have to guess. If you would like to find out what the stock market will do next, in both price and time, based on our mathematical and timing 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.