1/8/2019 – Another positive day with the Dow Jones up 256 points (+1.09%) and the Nasdaq up 73 points (+1.08%)
Having fun yet? 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 investors, the same bullish investors who were gripped by panic just two short weeks ago, continue to maintain that today’s market represents THE “Buying Opportunity Of A Lifetime”.
Why bulls say the stock market could echo its 2016 rebound
Bears, however, contend that the backdrop is significantly different this time around. For the bulls, there are compelling parallels between the current dynamic and that late 2015-early 2016 backdrop.
“If you think what was plaguing the market at that time, you had a strong dollar that was choking off not only U.S. earnings but also the global economy. Oil was plunging…You had a Fed that was ending quantitative easing and they were projected to do four rate hikes in 2016. and then lastly you had very weak Chinese economic data,” said Jeffrey Schulze, investment strategist at ClearBridge Investments, which manages $148 billion.
Bears have an entirely different point of view. As we have outlined on this site on numerous occasions bearish investors believe we are in a giant Ponzi Finance bubble and that a re-test of 2009 lows is just around the corner.
Who is right?
No one. According to our mathematical and timing work both bulls and bears will be greatly disappointed over the next few years. Extremely frustrated – YES, right – absolutely NOT.
Luckily, you don’t have to climb walls or pull your hair out over the next few years. 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.