Hey Bulls, Step Up Or Else

Daily Chart AMarch 27th

3/27/2015 – An up day with the Dow Jones up 32 points (+0.18%) and the Nasdaq up 28 points (+0.27%)

It appears everyone left for the Hamptons a day early this week. A lot of interesting stuff going into the weekend. Let’s take a look.

There has been a lot discussion lately about weather or not the stock market is overvalued. And while the bears claim that it is, as I do, the bull tend to pretend we are still in the early stages of a secular bull market. The analysis above and the charts associated with it are dead on. Again, today’s stock market is just as overvalued as it was at 2007 and 2000 tops. I have no doubt about that. Take a look and decide for yourself.

Well, that is not necessarily true. Consider the following. Just yesterday I have suggested that the Dow Theory might have confirmed trend reversal. You can see it here. Did The Dow Theory Just Confirm Trend Reversal?  Then, take a look at the chart below. I have argued over the last few months that the stock market has been in a distribution, getting ready to roll over, since June 17th, 2014. If you want a more detailed analysis, please Click Here.

NYSE Chart

Finally, as the article above suggests, stock market bulls need to step up their buying or the market might finally break down. There is only one problem with their proposition. I truly believe that being a bull today is equivalent to blowing your brains out. Considering today’s overvaluation levels, speculation, slowing earnings, strong dollar, massive divergence between economic data and the stock market, buying stocks today is as close to a financial suicide as anyone can get.

But don’t tell that to 99% of market participants out there. 

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. March 27th, 2015  InvestWithAlex.com

Did you enjoy this article? If so, please share our blog with your friends as we try to get traction. Gratitude!!!

Hey Bulls, Step Up Or Else Google