10/14/2014 – A mixed day with the Dow Jones down 5 points (+0.03%) and the Nasdaq up 13 points (+0.32%)
The stock market continues to perform as anticipated. If you would be interested in learning what’s coming up next (crash or bounce), please Click Here.
Over the last couple of days a few people had asked me about the oil market/prices and what is causing today’s massive decline. The US Economy or something else.
While I don’t trade or analyse oil, here are my 2 cents for what it’s worth.
Current slowdown in the global economy is definitely to blame. The US stock market is in the bubble territory, suggesting a massive global recession ahead. I think the oil market is starting to wake up to that.
Yet, I believe there is much more to the story. As you very well know the US Administration and their Saudi Friends are furious with Russia/Putin over Ukraine and Syria. Since economic sanctions did nothing but surge Putin’s approval rating in Russia, it is quite possible that a coordinated effort is in play to collapse/crash the oil prices. As lower oil prices would be the only thing that can have a severe negative impact on Russia and/or Putin.
Make no mistake, the US Administration is waging an all out cold war against Russia. One thing is certain, it will end very badly for all parties.
In terms of the stock market…… my mathematical and timing work clearly shows a severe bear market between 2014-2017. 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 2014-2017 will start (to the day) and its internal composition, please CLICK HERE
(***Please Note: 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. October 14th, 2014 InvestWithAlex.com
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Crashing Oil. War On Russia Or It’s The Economy Stupid Google