Today I will take a look at some longer term scenarios I have been sharing on this blog. It’s good to take a new look at the bigger picture at least once a year. Back in 2013 I started drawing parallels between the current decade and the roaring 1920s. While that looked farfetched back then,… Continue reading The case for a 2019 stock market peak
Tag: Dow 32000
Updated long term scenarios and charts.
Time constraints have kept me from blogging frequently in recent months. Today I will do some catching up by reviewing the long term scenarios and indications we have been covering. Long term readers will remember my Dow 32000 series, which I started sharing in 2013: The case for Dow 32000. Many people declared me crazy,… Continue reading Updated long term scenarios and charts.
Dow 32000 revisited
In August 2013 I posted an article with long term price projections for the Dow Industrials based on a remarkable price symmetry since the 1932 depression lows: The case for Dow 32000 The article called for a major peak near 32000 or 19410 by late 2016 or early 2017. So here we are in late… Continue reading Dow 32000 revisited
What happened with Dow 32000?
Today we revisit the Dow 32000 scenario that I have updated from time to time since the summer of 2013. The Dow has not kept up with the 1920s in recent months, but the Fed has also not started raising rates yet. What will happen when they do? More on that below, first we take… Continue reading What happened with Dow 32000?
Breakout imminent
Stocks weakened last week, but the Nasdaq remains in the rising wedge pattern that started last year. It is still not clear which way the eventual breakout move will go. Here is the current Nasdaq chart (click image to enlarge it): Thursday’s drop threatened a breakout to the downside, but Friday’s recovery shows the Nasdaq… Continue reading Breakout imminent
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