Stock Market Update. March 27th, 2014. InvestWithAlex.com

The Dow Jones ended the day where it started with a loss of 5 points (-0.03%) while the Nasdaq declined 22.35 points (-0.54%).

The Dow Jones continues to perform as per our forecast, on it’s way to hitting our ultimate mathematical and timing target (forecast available in our subscriber section). The Nasdaq continues to underperform and diverge from the Dow. In fact, over the last five trading days the Nasdaq has lost 4.3% while the Dow declined a more manageable 1.2%. I continue to believe that the Nasdaq is oversold and due for a bounce. In fact, I believe that quarter end window dressing over the next two trading day in conjunction with an “oversold” bounce should propel all markets higher over over the next few trading days.

Please note, we have no intention of trading this “potential bounce”. Any such gains will be short lived and volatile. Our long term picture remains intact. The bear market of 2014-2017 is just around the corner. If you would like to learn when the bear market will start (to the day) and it’s internal composition, please Click Here.

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