This article was contributed by James Davis with Future Money Trends.
Stock markets have been UNDERGOING MURDEROUS conditions. September has BEEN ROUGH, as we predicted with incredible precision in our alerts sent out in LATE AUGUST!
We literally wrote that September will be the worst for investors and that in the month of September, division, polarity, and hatred WILL EXPAND and will reach epic proportions, just like they are.
The BULLISH HYPE is over; we believe markets have largely ended their retail euphoria phase and that institutional buying is READY TO EXPLODE.
As for the amazing comparison between the Dow Jones Industrial Average in 2020 and 1930, we believe that the LINE IN THE SAND gets drawn here. We’re in a recovery – stocks will bottom soon and will be trading IN A RANGE for a while until the WATER CLEARS. This isn’t the Great Depression.
This is a PRETTY BIG correction, though:
- Half of the NASDAQ 100 has broken below its 50-DMA, so if you were waiting for a HEALTHY PULLBACK, you have it. I have spoken to many who are “waiting for March lows” before they pull the trigger, but my personal view is that we WILL NOT see those returning.
- We just issued a BRAND-NEW Tech Watch List, which you can DOWNLOAD HERE. In it, we feature a number of NASDAQ players, two of which are actually trading below their proposed limit orders!
As you can see, the last time the downtrend WAS THIS STRONG was on June 8th, when most of the market components peaked in price, many of which HAVE NOT returned to those price levels.
Many companies are growing sales and market penetration rapidly and are, therefore, priced OUT OF PROPORTION to normal standards, but they may stay like this for years (delivering good returns).
Have your own Watch Lists ready at all times to capitalize on double-digit DOWN MOVES!
The digital realm is making life so much MORE EFFECTIVE and cost-efficient.
New companies are springing up with capabilities that will blow your mind and our lives are going to be much more interesting, full of joys, and well-balanced in general, thanks to these innovations.
In healthcare, businesses are working on detecting faulty genes and fixing them by treating specific defects. Think about blind babies being able to see and cancer patients who are able to RID THEMSELVES of their disease once and for all.
In robotics, think about companions that help you with tasks, advance your business when you sleep and solve problems before you even RECOGNIZE THEM.
Take any profession on the planet and know that if it can be done CHEAPER, BETTER, or SAFER, a robot is coming to assist in that!
There are many implications for all human beings, due to these technological developments; we’ll keep covering these topics constantly, including the rapid progress of blockchain technology and Bitcoin’s ecosystem.
As you can see, there’s a CLEAR CORRELATION between the FED’s balance sheet flattening out in early June and the market’s peak on June 8th.
The FED has said its piece; from here on, earnings will dictate prices, not stimulus.
In SIX WEEKS, the world’s biggest powerhouse nation heads to the ballots – what a WHIRLWIND of TROUBLE is coming!