Gunn used a form of technical analysis referred to as the Elliott Wave Principle to reach this conclusion. Therefore, the reality of a failed banking system is hitting the stock market since it is only the financial companies that have fueled the rally. I could go into why and how managers siphon off all the profits off and thus it is futile to try to find great companies. This is a strong indicator that the upcoming crash could be far more devastating than the previous two.
The speculative boom of the 1920’s was one of the factors that contributed towards the great depression. THE SOLAR ECLIPSE AND LUNAR ECLIPSE COME IN PAIRS.SOMETIMES THEY THE BEST CRASH COMBINATION IS WHEN THE LUNAR ECLIPSE IS LAST. Also, one of the major new streams of oil flooding the market comes from the American shale oil revolution. Some countries put a temporary halt to their stock market trading because of this global financial crisis. The point is to long at the market bottom when it starts to exudes heavy buying and to short at the market top when profit taking or heavy short selling manifest itself. Between 1920 – 1930 and 1990 – 2000 there have been huge amount of stock splits that impacted the price-earnings ratio positively.
A select group of journalists from The Wall Street Journal decide which companies are part of the most influential index in the world market. But the bottom fell out of the market on Tuesday, October 29. A record 16 million shares were exchanged for smaller and smaller values as the day progressed.
Such a bond yield curve indicates excessive optimism in the capital market as the 20yr bond hit an all time low price (relative to recent years). Similarly, the housing market in previously red-hot areas is starting to fizzle, led by a rapid escalation in listings in the higher end of the market.
You can protect yourself by unloading your non mining stock dollar-based investments” and moving your money into physical gold and silver. The 1920s saw the stock market prices soar in blooming health with the industrial and technological growth of the decade. Take a look at the below chart showing current stock levels and changes in forward Earnings Per Share (EPS). Another point is that compared to other periods of stock market volatility the fall in the markets has not looked huge. At some point the gravity” from reality will engulf the stock market and pull” it quickly back to earth. Kris is never one to pull punches when discussing market developments and economic events that can affect your wealth. This could happen in the coming weeks as Greece faces a severe shortage of euros.