11/21/2018 – A mixed day with the Dow Jones down 1 points (-0.00%) and the Nasdaq up 63 points (+0.92%)
As we have been saying for some time, the stock market finds itself at an incredibly important juncture. Things are about to move. 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
I am truly amazed.
The market has a tiny draw drown, not even below February lows, and the bulls are already crying wolf. Calling for the FED to end their interest hiking campaign and demanding more stimulus. We can only imagine that drug addicts behave in exactly the same fashion right before they fall victim to a cardiac arrest.
That is on top of suggesting that a major bottom must be very near. You know, that buying opportunity of a lifetime. For instance, Will this ‘buy, cry, die’ chart pattern signal a stock-market bottom?
The true scope of the problem, unfortunately, is much scarier. We highly encourage you to read the following article in full…..
Stock Markets Remains Extremely Overvalued – Hussman
This is clearly not a favorable outlook for passive investors. While investors have embraced passive strategies as a result of strong backward-looking returns, this popularity represents little but performance-chasing at the most extreme valuations in history. At the recent market peak on September 20, we estimate that the prospective 12-year total return from a conventional passive asset mix invested 60% in the S&P 500, 30% in Treasury bonds, and 10% in Treasury bills reached a low of just 0.48%. There is only one instance in history when these estimates were lower, which was in the 3 weeks immediately surrounding the 1929 market peak. Given that most pension funds assume future returns in the range of 7% annually, it implies that the coming years are likely to include a rather widespread pension crisis.
In other words, instead of trying to figure out where they can load up on this “Buying The Dip Opportunity Of A Lifetime”, Investors Might Want To Start Wondering Why The Hell They Are Fully Invested In The Biggest Bubble Of All Time
Not ready for that yet, well, you might want to read this…..
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
