Why Everyone Needs To Relax

2/13/2024 – A negative day with the Dow Jones down 524 points (-1.35%) and the Nasdaq down 287 points (-1.80%) 

Turn on most financial outlets today and you will see people in near panic mode. Is the bubble finally popping ???

First, let me give you an easy hint……..

Short-term, today’s sell-off doesn’t impact our overall forecast. If anything, it confirms it. Both the SPX/NDX left behind significant gap downs that the market will need to close.

Our Time/Price calculations suggest the market will reach these targets at the following juncture…….

Please Click Here To See the rest of the forecast……..

Amazon (AMZN) – Yet Another Beauty That Developed Perfectly

Yet another perfect hit…….If you would recall, we posted the following forecast on July 11th, 2023.

Analysis Update For Amazon (AMZN)
Date of Update: July 11th, 2023

Yet another direct hit from our prior analysis (see below).

At that time we stated “The other interpretation suggests the stock will bottom this December 29th (+/- 5 trading days) at $82 (+/- $2)”

The actual bottom arrived January 6th at $81.43. We’ll take it.

Going forward, we have a few adjustments to our prior upside projection. The price is rather clear. AMZN should top out at $174 (+/- $2). The associated TIME variable is a bit more tricky. We have a good TIME point of force arriving in September and then in January of 2024.

And while our September TIME turning point appears structurally better, it suggests AMZN is about to stage a substantial, although short lived, rally. While not impossible, we view this as unlikely at this time. We put the probability of this move developing at 20%.

Hence, we put the probability of AMZN reaching $174 by January of 2024 at 80%. Once this top arrives, AMZN should ………………………..

If you would like to find out what happens to Amazon (AMZN) next, please Click Here

Our Amazon (AMZN) Forecast From July 2023 Proves Dead On Accurate

YET ANOTHER DIRECT HIT.  

Analysis Update For Amazon (AMZN)
Date of Update: July 11th, 2023

Yet another direct hit from our prior analysis (see below).

At that time we stated “The other interpretation suggests the stock will bottom this December 29th (+/- 5 trading days) at $82 (+/- $2)”

The actual bottom arrived January 6th at $81.43. We’ll take it.

Going forward, we have a few adjustments to our prior upside projection. The price is rather clear. AMZN should top out at $174 (+/- $2). The associated TIME variable is a bit more tricky. We have a good TIME point of force arriving in September and then in January of 2024.

And while our September TIME turning point appears structurally better, it suggests AMZN is about to stage a substantial, although short lived, rally. While not impossible, we view this as unlikely at this time. We put the probability of this move developing at 20%.

Hence, we put the probability of AMZN reaching $174 by January of 2024 at 80%. Once this top arrives, AMZN should swiftly move to the downside.

Subsequently, we have a number of downside projections for AMZN, as low as ………If you would like to find out what happens next, please Click Here

Should You Start Buying Bonds – Hint, Not YET

1/29/2024 – Another positive day with the Dow Jones up 224 points (+0.59%) and the Nasdaq up 172 points (+1.12%) 

The stock market continues to perform as anticipated/projected.

Some investors believe this will be easy…..

Investors parked in cash should consider bonds before the Fed pivots, Nuveen says

    • Bonds have been rallying in anticipation of the Federal Reserve’s pivot to rate cuts this year, but today’s higher yields still leave room for buying opportunities, according to Nuveen’s chief investment officer.
    • “Many investors spooked by” the painful repricing of bonds over the past two years “sold their bond positions and piled their money into cash and cash equivalents,” Nuveen CIO Saira Malik, wrote in a Monday client note.
    • Assets in money-market funds have ballooned to about $5.96 trillion over roughly the past year, even with a $1.4 billion decrease seen in the past week, according to data from the Investment Company Institute.

Not so fat.

Our latest 10 Year Note analysis was just posted and you won’t believe what happens next. Let’s just say Bill Ackman might have covered his position too soon.

10- Year Treasury Index (TNX) – UPDATE
Date: January 9th, 2024

Our mathematical and timing work for TNX suggests the following:

      • TNX is moving towards its next half-cycle TOP which is expected to arrive in early XXXX.  We have multiple strong TIME clusters confirming this interest rate high by hitting around XXXX of 2024.
      • Our calculations suggest TNX will top out at XXXX (+/- 0.1%). They also suggest October of 2023 top was NOT the top.
      • Once the top is in TNX will fall into its next mid-cycle bottom scheduled to arrive around XXXX of 2025.
      • And while it is too early to calculate how low the 10-Year will go, a hit around XXXX is probable.

In summary, our price and time calculations suggest the top for TNX is not yet in. It is scheduled to arrive in XXXX of 2024 and top out at around XXXX. Then be cut in half by XXXX 2025. This is consistent with our overall stock market forecast.

IF YOU WOULD LIKE TO FIND OUT EXACT TIME AND PRICE PARAMETERS ABOVE -PLEASE CLICK HERE