• 288 days Will The ECB Continue To Hike Rates?
  • 288 days Forbes: Aramco Remains Largest Company In The Middle East
  • 290 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 690 days Could Crypto Overtake Traditional Investment?
  • 694 days Americans Still Quitting Jobs At Record Pace
  • 696 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 699 days Is The Dollar Too Strong?
  • 700 days Big Tech Disappoints Investors on Earnings Calls
  • 701 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 702 days China Is Quietly Trying To Distance Itself From Russia
  • 703 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 706 days Crypto Investors Won Big In 2021
  • 707 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 708 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 710 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 710 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 713 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 714 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 714 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 716 days Are NFTs About To Take Over Gaming?
Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

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…

  1. Home
  2. Markets
  3. Other

The 'Tide' has Turned... NEGATIVE for STOCKS!!!

Currently, a 'sharp fall' is now anticipated within the equity markets! This decline will be accompanied with 'new volatility'. There is a great deal of 'uncertainty 'within the U.S. markets. Currently, we are viewing a 'textbook' 'head and shoulders pattern' in the SPX and is going to be a big inflection point we look back on months from now.

There are less and less stocks that are participating in the recent move upwards which suggest a technical breakdown is likely to happen.

S&P500 Daily Chart

The 'cycles' of the SPX have recently confirmed that we have now witnessed the 'highs'. The 'top' is currently in place and I expect that the 'negative trend' will continue to persist.

See my live analysis charts and forecast click here

The 'smart money' has been exiting the equity markets during the last few weeks with strong waves of selling volume taking place on a consistent basis.

Yesterday morning, Monday, May 16th, 2016, I alerted my subscribers to two new positions to enter into so as to take advantage of during this next significant market move and change in volatility.

Consequently, consumers have already started to slow down in their spending. They will change their past behavior, and, as a result, will begin to save (whatever funds that they may still have) as stocks start to fall in value along with the average investors retirement accounts. The present day spending behavior will come to a grinding halt in due time!

Before "The Great Credit Crisis of 2007-2008", the 'smart money' exited the equity markets in November of 2006. And it appears that the NDX-100 and the Russel 2000 are leading the 'charge' downward once again for the pending market correction.

We are, once again, repeating this same technical pattern, now!

S&P500 Bullish Percent Index Monthly Chart


Concluding Thoughts:

In short, the first chart I showed in this article paints a very clear picture of where stock prices are headed - Lower.

Large cap stocks over the past year have been making lower lows and lower highs. The most novice of traders knows what that means... It means, we are in a down trend.

There are many ways to take advantage of what is about to unfold next, but how you play it really depends on how much money you have to play with and the level of risk tolerance you have.

 


I share a few ways I am taking advantage of this with followers of my newsletter at: www.TheGoldAndOilGuy.com

 

Back to homepage

Leave a comment

Leave a comment