The unanimous opinion is that the stock market will rise another 10%-15% in 2015. Even with the DJIA down more than 300 points on Monday, January 5, analysts in the media said things like: “I don’t see anything that could derail this bull market.” Another one said: “I see no signs of excessive euphoria.” These are comments you usually hear near market tops.
Economists are looking for a strong economy in 2015. Apparently they think the major parts of the world, China, Japan, Europe and Russia can go into recession and the U.S. will be immune. Bring out the
October is a famous for market crashes. Will this October see another CRASH?
When you look at sectors, such as energy, retail, small cap stocks, the crash is already on the way.
While all the pundits talk about earnings, and an allegedly great economy, they don’t look at what really matters: a sudden, sharp deterioration of the global economies. The numbers we look at suggest that in September, the major economies in Europe and Asia started falling off of the cliff.
The bulls say the market weakness is a buying opportunity. As usual, we have a different view based on advanced technical analysis, which Wall Street doesn’t believe in.
Contrary to what many novices believe, it is not possible to successfully and precisely predict the date of a market top in advance. Trying to do that is merely an educated guess. However, using advanced technical analysis, we have a very good chance to identify a top when it occurs, often within a day or two.
“Timing is Everything”
How much would it be worth to YOU to have the guidance of a highly respected analyst who has predicted every important market decline over the past 35 years?
How much would it be worth to have the analysis of someone who predicted the 20 year bear market in gold in 1981, after having been bullish from 1977 to 1980? It happened! The next gold bull markets started exactly 20 years later and his clients were on board.
To buy stocks right now is to bet on the willingness of the major central banks (that is, Europe, the Federal Reserve, Japan, and China) to create as much money as possible to prevent a stock market and economic disaster.
Prudent analysts say the ratio of a country’s debt to its GDP is already too high for many countries. Our view is that no one knows what is too high.