Posts Tagged ‘Correction’

Downtrend – February 9, 2018

We have been in a continuous uptrend since March 1, 2016 (with the exception of a few days in June 2016). This is unprecedented and speaks volumes about this bull market and how strong it has been over the last two years.

We did, however, get a shift in direction yesterday as the market went into a downtrend.

Downtrend – January 30, 2014

After an extraordinary long uptrend, lasting 105 days, we entered a new downtrend yesterday. The Fed tapered its bond buying with another $10bn to $65bn. The market has been very strong for several months and the correction we have experienced over the last few days has been expected. The S&P 500 has corrected only 4%, but it has closed below its 50DMA over its last four sessions. It has closed below this average three more times during the past 12 months, and gone above it fairly quickly again afterwards. But that does not mean that it will happen again. There have been more days of heavy selling now than during those earlier cited instances.

Newsletter #9 – Market in Correction

Keep on reading to learn more about all these exciting stuff:

  • Back into a correction after economic activity indicates that stimuli has not created lasting improvements
  • The market just got a confirmed Hindenburg Omen, which significantly increases the likelihood of a stock market crash
  • Housing market is really starts to impresses on the downside – again
  • Nothing new with the US economy, it is still extremely weak; moving towards a broken back
  • Bonds at record low yields, is it time to exit?
  • As always some people view the stock market as extremely cheap, so should you maybe put your money there?
  • USD is headed for a great run relative to most other currencies
  • Gold looks like it could break to the downside, but still not confirmed
  • Pretty close to 1929
  • Talking about 1929 that was the start of long period if deflation, what is the current status on inflation vs. deflation?
  • Hey, by the way, did I mention that the US will go bankrupt?
  • China is heading towards trouble as well
  • And finally, as always: These are my current main thoughts on our outlook

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