By Graham Summers If you’ve been reading us for some time, you’ve probably wondered why the market keeps rallying no matter what. Time and again, stocks start to breakdown and then suddenly BOOM they erupt higher. CNBC and other financial media outlets then trot out various narratives to explain the action. “Stocks went up because the data was strong and …
One Man’s Opinion: The Market May See A 60 Percent Decline If It Unravels
In early part of October, on October 9 to be precise, the stock market made its low as predicted by Demark Analytics, just as it had done in 1929, said Thomas Demark of Demark Analytics. The market was expected to rally 12.6 percent, identical to the rally in 1929, he added. Asked if the markets were heading for a crash …