Surge 25% or Fall 25%?
Harry Dent | July 03, 2019 | I sent a market update to Boom & Bust subscribers in our 5 Day Forecast last Monday. I explained that stocks saw their biggest correction since late 2011, which makes that a 4th wave correction leading into a 5th wave final blow-off rally… what I have been calling the Dark Window scenario. My target is around 10,000 on the leading index, the Nasdaq, and around 33,000 on the Dow. It's likely we saw the first wave up into early May with two more strong surges ahead. We have just made new highs on the Dow and S&P 500, with the Nasdaq coming close to a new high. Is this a breakout in the next wave up? I think it's likely… But there is a pattern that still warrants near-term caution... READ MORE » A DENT RESEARCH EXCLUSIVE OFFER: 40% Off Tickets to the 2019 Irrational Economic Summit! [Less Than 401 Available] 
For a short time, Dent Research readers can claim an early bird ticket available to the 2019 Irrational Economic Summit at National Harbor in Washington DC! Join Harry, David Stockman, Dr. Lacy Hunt, China expert, Gordon Chang, and more at our most important event of the year! But hurry! Tickets for this event are selling out fast. Click to claim your discounted seat today. | Trending Stories... The recent Democratic presidential primary debates were a lot of fun… said no one. As the process unfolds, I vote that Andrew Yang gets the first question at every debate, since he was given all of three minutes out of 120 on Thursday night. And Marianne Williamson gets to interject anytime she wants, because she's... Markets popped higher this morning after a weekend of good news: The Donald and Xi Jinping have agreed to a temporary truce in the U.S.-China trade war. The Donald has eased trade restrictions on Huawei. And The Donald made nice with North Korea. On Friday, I explained that markets were at that critical point where... I'm coming to you today from Myrtle Beach, where my entire family gets together for their annual reunion. It doesn't matter where I am though, I watch the stock markets like a hawk. And right now, the markets are in a crucial place… We're back to testing the highs and things can go either way... The Democratic debates are underway, so if you're a masochist with no hobbies, you now have something to watch at night. This isn't a knock on a particular political party. Watching the Democrats today is just as unenlightening and boring as watching the Republican debates in 2016. Moderators ask candidates questions and they fail to... We live in a world where we wake up to news (and a shocking image) of a drowned father and daughter on the banks of the Rio Grande and threats from North Koreans about not letting the U.S. "bring them to their knees." Tensions between the U.S. and Iran are rising all the while politicians... |
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