11/14/2014- Another mixed day with the Dow Jones down 17 points (-0.10%) and the Nasdaq up 8 points (+0.18%)
The stock market continues to perform just as anticipated. I have a number of incredibly important things for you to consider over the weekend.
#1: The market has done this just 4 times in the last 20 years
An incredibly important technical look at the market and definitely worth your time. In addition, consider the following. The rally from February 5th low to July 17th top (over 6 months) resulted in about a 1,800 point advance. The market advanced just as much since October 14th bottom. In just 20 trading days. Typically, such moves resolve in one of two ways. Either a long period of distribution/consolidation at the top or a fast retracement right back to the bottom. Beware.
#2: Marc ‘Dr. Doom’ Faber: I will soon be proven right
Despite his multi-decade long excellent track record, financial media talking heads are once again making fun of legendary investors Marc Faber. Just watch the video and take a look at the article comments. His fundamental view is spot on. Today’s markets are nothing more than a perpetual shell game instituted by the FED. Yet, the laws of physics dictate that the market will come crashing down…..sooner or later…….wiping out all Bullish gains within a short period of time. Point being, when Bulls and clueless financial commentators begin to make fun of Marc Faber, the market is likely to be approaching a significant turning point.
#3: Record stock rally to continue as funds chase performance
There are a million and one different reasons as to why this rally should continue. Indefinitely. Yet, it is important to be aware of one simple fact. When everyone agrees and when everyone is on one side of the trade, markets tend to shift gears and reverse course.
The points above are presented for your consideration in order to illustrate how incredibly bullish everyone is. The bears have been decimated, the bulls are in control and no one expects this market to go down. That is to say……BEWARE…..instead of counting on this never ending bull market, it might be an opportune time to lock in your gains (if any).
This conclusion is further supported by my mathematical and timing work. It 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. November 14th, 2014 InvestWithAlex.com
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