The video in this report is only accessible to members
The video in this report is only accessible to members

Last week equity markets were down again, which makes seven straight weeks for the S&P 500, its longest since 3/01, and eight consecutive weeks for the DJIA, its longest streak since 5/1923 — yeah, that is right 1923.  Wow! 

The video in this report is only accessible to members

It is not surprising that some are calling for some type of a rally while one notable market timer is looking for an imminent “shocking” move to the upside.  Indeed, the decline from the highs has been large and has generated many readings of pessimism and negativity that would suggest that the selling has gotten overdone.  So, I guess it is time to get our bull horns back on, back up the truck, and start buying aggressively?  Based on my work, the answer is NOT EVEN CLOSE.  Sorry, I wish I had evidence to support a more favorable outlook right now, but it just is not flashing yet.  The good news is I am anticipating there will be a great opportunity for investors to take advantage of a lot of high-quality stocks that is still in front of us. 

Why do I have confidence that THE bottom is not imminent?

First, the Fed remains on a hawkish path.  Yes, I know I have mentioned this many times before, but I strongly advise to keep this in ...

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