Today’s drop of almost 2% in the stock markets is not a crash, nor are we about to experience one. But those who follow my writings and lectures know that I’ve been predicting a very volatile and weak bear market through 2019 followed by a much weaker market into a recession and crash in 2020-21. Often when a market is overbought and about to turn it makes a new high, as the powers that be push against the stream. We will see this market turn back up again soon, and it will continue to go sideways as it has for the past 18 months. Except for the recent push into a new high in the NASDAQ the last real high in the bull market happened on January 31st 2018 on the Lunar Eclipse at 11 degrees Leo. It has traded in a range sideways since then. And with the financial events happening in Europe, China, the US trade, and many other issues we are not in a bull market. I have advised my clients and friends to use extreme caution when trading and to take some off the table and secure their stability. Jupiter is retrograde, and that is a very bearish aspect about 80% of the time. Uranus is about to have hard aspects to the NYSE chart, which will increase volatility and continue to send the markets south. And as we approach the Saturn – Pluto conjunct in January 2020, the continued political infighting, and the election next November the only question is: what can you do to protect your financial security and figure out ways to make money at the same time. I’ll be doing a lecture soon to address those questions. The GDP and the unemployment numbers are simply not indicative of the under belly of our economy. And it will become obvious in the coming months. Mitch.
I don’t have stocks or bonds, but I follow you with your, to me, great wisdom of the stars. I have been following you since 2012 when I discovered your site.
Thank you Constance. I’m glad you enjoy my work. How very nice to hear.
Mitch