• 314 days Will The ECB Continue To Hike Rates?
  • 315 days Forbes: Aramco Remains Largest Company In The Middle East
  • 316 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 716 days Could Crypto Overtake Traditional Investment?
  • 721 days Americans Still Quitting Jobs At Record Pace
  • 723 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 726 days Is The Dollar Too Strong?
  • 726 days Big Tech Disappoints Investors on Earnings Calls
  • 727 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 729 days China Is Quietly Trying To Distance Itself From Russia
  • 729 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 733 days Crypto Investors Won Big In 2021
  • 733 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 734 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 736 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 737 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 740 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 741 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 741 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 743 days Are NFTs About To Take Over Gaming?
How Millennials Are Reshaping Real Estate

How Millennials Are Reshaping Real Estate

The real estate market is…

Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

Boris Chikvashvili

Boris Chikvashvili

Boris Chikvashvili was supposed to be a theoretical physicist (Russia+Jerusalem Hebrew University, MS Physics, with distinction, toyed with QUARKS). Somewhere on the road to PHD…

Contact Author

  1. Home
  2. Markets
  3. Other

(Mini) Crash May Have Started, Keep The Stops Above Today's High

Originally published December 8 with chart uodated December 12, 2014.

We have posted to our subscribers the exact day the markets will top, which was the day of Thanksgiving (±1) trading day.

That is exactly what we got in broader indices like NYA and IWM, while the deception of new highs by DOW/SPX/NASDAQ has "CONFUSED"/"PUT TO SLEEP" everybody into belief that this market will never go down again.

Well, we posted our last article at safehaven.com as well where we described the likely top in November. Now, all that is left is to place stop above the highs of yesterday and let it roll.

The top being in place is not guaranteed, but for those that shorted it around/above 1970, things look easier, as risk is minimal. We are not recommending shorting markets now, just protective stops to those who, are already short from higher levels.

Below please observe what our subscribers knew months ahead, that is the top is likely around Thanksgiving!!!

 

Back to homepage

Leave a comment

Leave a comment