1/21/2016 – A positive day with the Dow Jones up 113 points (+0.72%) and the Nasdaq up 1 point (+0.01%)
I was incredibly excited when I first saw this article.
Finally, someone else who knows exactly where this “bear market” will end. Instead, the author deflated it with the following whimper…..
The selloff will end when investors feel prices have fallen by enough to account for whatever bad news might still be lurking, undiscovered. The problem is that nobody knows with precision how much asset prices need to correct. “Rarely do financial markets find the fair value that’s fundamentally justified, and stop,” says Jeffrey Rosenberg, a managing director at money manager BlackRock (BLK). “They overshoot. It’s really hard to say whether we’re at fair value, or we’ve overshot.”
And five times five is twenty five. But I would have to disagree with this earth-shattering revelation. It IS possible to predict and to know. That is exactly what my mathematical and timing work does.
For instance, in October and November of 2015 I told my subscribers that the Dow was looking for a lower low (below May of 2015). And that once that low is in and confirmed, we would know, with a high degree of certainty, exactly WHERE and WHEN the Dow will bottom. To the day and to the point.
And as buffoonish as it may sound, I stand by that statement. Not only do I stand by it, I am currently looking at the said calculation projecting the market into an exact bottom. One thing is clear. If it is correct, and I am confident that it is, crocodile tears will soon flood the neighborhood of where the wall meets the street. Click Here to learn more.
And those who proclaim the impossibility of the above should understand the following.
But it certainly casts a cloud over any bargain hunting. And note that these numbers only measure how far the market would have to fall to reach average levels. They do not reflect what would happen if the market did what it has done frequently in the past, and plunged back down to very cheap levels. Maybe that will never happen. Let’s hope. Because when you factor in those numbers, it’s a long way down.
Precisely. Despite the recent sell-off, today’s stock market is still incredibly overpriced. And I don’t care if your Charles Schwab financial adviser disagrees. Today’s stock market is the 4th most expensive in history. Right behind 1929, 2000 and 2007 tops. I have covered this fact on this blog extensively…..here is just a small sample Is Our Overvaluation Premise Wrong?
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.January 21st, 2016 InvestWithAlex.com
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Shocking: Here Is Exactly Where The Market Will Bottom Google