Equity markets are falling as predicted - when do we start buying aggressively? World equity markets have dramatically changed their tone over recent weeks,...

Nicholas Forsyth

Market Matters

Equity markets are falling as predicted - when do we start buying aggressively? World equity markets have dramatically changed their tone over recent weeks, now we are falling on good news as opposed to rallying on bad news. Last night, the Dow fell another 140 points on both Ukraine and interest rate concerns. Better than expected US Economic data last night again fueled worries around the inevitable interest rate rises, this coincides with my macro outlook that we are in Phase 4 of the Market Cycle shown in chart 1. If this correction unfolds in line with history, the Dow has another 10% to fall over the next ~10 weeks, on top of the recent 4% correction. I have been stating this for many weeks in the weekend Hickman Report: Good traders, and investors, usually make 95% of their profits in 2-3 weeks of the year - this time is approaching. (VIEW LINK)


Nicholas Forsyth
Nicholas Forsyth
Director
Market Matters

Market Matters is an online investment and share trading advisory service designed for those that want to take their wealth further. We specialise in advice for active share market investors, including those new to the markets or those with a Self...

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