Weekly Stock Market Update & Forecast: September 14th, 2024
A positive week with the Dow Jones up 1,048 points (+2.59%) and the Nasdaq up 993 points (+5.94%)
The market reversed its losses from last week. In that sense we are exactly where we were two weeks ago in regards to our overall analytical framework. Again, the market continues to behave exactly as anticipated.
We continue to maintain that today’s setup is rather simple and straightforward. If you would like to find out exactly what the stock market will do next, in both price and time, please Click Here.
Or, you can always follow the following advice.
Oh, boy, where do we start…….This is so jammed packed with one line zingers that I don’t recall seeing anything like that for a while. Here are just a few…..
- This rally minted millionaires left and right.
- People are rejoicing and buying the dip.
- I am worried about the collapse, but long the stock market.
- “They” were smashing the buy button.
- Brah, stocks go up 77% of the time.
- You don’t have to be a math genius to know stocks mostly go up.
- There would be no stock market if stocks went down.
- Have faith in your positions.
- Stewardship of capital, believe in the FED Put.
- So rewarding for investors.
- Investors are all in on TECH stocks.
- People are scrambling to buy MSFT, NVDA, AAPL on days like today (down days).
Brah??? I am simply amazed anyone can squeeze so much bullishness in a 5 minutes segment.
I just have a simple question. Where were these people at 2022 October bottom. Also, I would tread carefully when a “crazy eyed” lady tells you to load up on tech stocks. I would imagine Warren Buffett’s current selling carries more weight.
Anyway, once again, if you would like to find out when the stock market will TOP, in both price and time, please Click Here. What happens thereafter will send these people where they belong, straight to a nut house.