8/20/2015 – A big down day with the Dow Jones down 358 points (-2.06%) and the Nasdaq down 141 points (-2.82%).
The Dow is down 550 points off of its Tuesday’s top. And after scanning though most of the financial media outlets, I was hard pressed to find a single bullish article. That is unusual. So, is it possible the market is oversold and is about to stage a big bounce? Or, are we breaking down and this sell-off is about to accelerate. Click Here to find out.
I couldn’t agree more with Mr. El-Erian. Watch the video below, it is definitely worth a few minutes of your time. Here are some of my notes.
- Emerging markets tend to get the ball rolling. That has certainly been the case here.
- Markets might overshoot to the downside.
- Emerging markets are now oversold.
- Lot’s of opportunities are coming your way.
- The FED screwed. – I agree.
- As soon as investors realize the FED is not in control, markets will tank. – I have held this same few for quite a while now.
This conclusion is further supported by my mathematical and timing work. It clearly shows a severe bear market between 2015-2017. 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 2015-2017 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. August 19th, 2015 InvestWithAlex.com
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