Pay very special attention to this documentary if you are not a sophisticated investor. The reality is most financial advisors are NOT very educated about the financial markets themselves. I had a bad experience myself with a dumb financial advisor at a major Canadian bank.
The majority of financial advisors have no idea about market timing and they usually are just salespeople wanting to sell you financial products so they can collect either commissions or residual income as long as you keep your money in the investment vehicle they recommend.
As equities markets top out and start sloping downward, it is wise to get out of stocks now because in 18 months things are going to look very different.
This is just a quick blog post stating that the stock market has had a nice bounce up from the huge drop it took a few weeks back, but it will NOT last….read below.
As U.S stock markets reached new highs, the question is “How high can the S&P, Nasdaq and Dow Jones can go?
The answer is no one knows, but usually the data and charts don’t lie, and below is an article from “Acting Man” with some charts that says we may be near a top.
The greatest confluence of down-cycles since the 1930s is just ahead. The next great bubble will bursts in 2014. Harry outlines what will happen each quarter of 201
All you have to do is look at how the stock market has been on a tear since 2009. Is it going to end soon…maybe. The weekly charts are showing things are getting frothy and tired at these high levels.
Recently there have been many articles stating that there is now record number of money inflow into stock/equity mutual fund by retail investors. This is a sign that the market might be topping, when enough money goes into this market and drives up the stock market in the short-term , it is going to be the “blow off top”.
