1/28/2015 – A big down day with the Dow Jones down 195 points (-1.12%) and the Nasdaq down 43 points (-0.93%).
The stock market continues to behave as forecasted. If you would like to find out what happens next, please Click Here.
A number of very important things to consider today. First, a very important fundamental/technical look at today’s market. Forbes: Watch These Interesting Stock Market Patterns Forming Right Now I highly encourage you to study the article in great detail.
Second, today’s market action is incredibly important considering….
- The FED decision to not change course.
- Plunging yields.
- Market’s inability to rally despite Apple’s blow out quarter.
You can look at all of the above in a number of different ways. It can be debated that the FED decision not to alter their eventual interest rate hike plan bodes well for the overall US Economy. At the same time, neither the yields nor the stock market are buying that premise. If anything they are flashing a red warning light. And since there is are no fundamental reasons for this massively overpriced stock market to rally, as earnings are not very good and the US Economy is rolling over,……….I wonder what happens next.
This conclusion is further supported by my mathematical and timing work. It clearly shows a severe bear market between 2014/15-2017. In fact, when it starts it will very quickly retrace most of the gains accrued over the last few years. If you would be interested in learning when the bear market of 2014/15-2017 will start (to the day) and its internal composition, please CLICK HERE.
(***Please Note: A bear market might have started already, I am simply not disclosing this information. Due to my obligations to my Subscribers I am unable to provide you with more exact forecasts. In fact, I am being “Wishy Washy” at best with my FREE daily updates here. If you would be interested in exact forecasts, dates, times and precise daily coverage, please Click Here). Daily Stock Market Update. January 28th, 2015 InvestWithAlex.com
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The FED Decision, Apple, Yields & What The Market Is About To Do Google