10/23/2018 – A negative day with the Dow Jones down 126 points (-0.50%) and the Nasdaq down 31 points (-0.42%) 

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

This is getting downright ridiculous.

Obama Calls Trump “Tin-Pot Dictator”, Takes Credit For “Economic Miracles”

“That is not how America works. That is how some tin-pot dictatorship works,” Obama added, two years after he spied on the Trump campaign using a sham dossier paid for by Hillary Clinton.

Obama suggested in 2016 that Trump would require a “magic wand” to bring jobs back to America. “Well, how exactly are you going to do that? What exactly are you going to do? There’s no answer to it,” Obama said during a PBS town hall.

BuzzFeed reports that Obama “didn’t come to Nevada to make news,” because “He’s said to be afraid his presence would backfire, give Trump a foil, and energize the Republicans who Democrats hope will stay home in November.”

A truly intelligent person would drop this economic miracle faster than a hot potato. Here’s why…….

The Average Stock Is Overvalued Somewhere Between Tremendously And Enormously

My business is to constantly look for new stocks by running stock screens, endlessly reading (blogs, research, magazines, newspapers), looking at the holdings of respected investors, talking to a large network of investment professionals, attending conferences, scouring through ideas published on value investor networks, and finally, scouring a large (and growing) watch list of companies to buy at a significant margin of safety.

With all of that, my firm is having little success finding solid companies at attractive valuations.

Don’t just take my word for it. Take a look at several charts, below, that show the magnitude of the stock market’s overvaluation and, more importantly, put it into historical context.

Indeed.

Trump was absolutely correct in labeling Obama’s economy as a massive bubble during his Presidential campaign. Too bad he proceeded to “re-imagine” it with his tax cuts and MAGA nonsense. Something he will pay dearly for over the next few years. Then again, the can always blame the FED and/or democrats.

Like we have said before, it is not a question of if, but when. If you would like to find out exactly when the stock market will crater, in both price and time, please Click Here