For six years we had expected  the stock market to have suffered 20% corrections after large moves up and each time it would to be followed by returns to the upside- that would have been normal! Those corrections did not occur. The market continued  to move up despite serious overvaluations in many stocks. Those normal corrections  would have prevented the stock market from its current extremely high overall valuation. More importantly, harsh corrections such as 20%-25% price declines offer investors and institutions exceptional  buying opportunities to buy shares at lower prices while they are “on sale.” WERE YOU AWARE OF THIS? The S&P 500 is up approximately 3% in 2018. Fact: This year without  the price performances  in 2018 of  Microsoft, Amazon, Apple, Netflix, Facebook  and five others companies,  the Standard & Poor’s’  500 would not be up!  Business TV rarely mentions some of the unknown facts behind the market as it may interfere with advertising. They do a fine  job of informing viewers of the markets and business news but they should emphasize all the information. The stage is now set for another brutal bear market. We do not want it to occur and we are not short sellers; we are monitoring various indicators and they firmly suggest caution. Near zero interest rates and Quantitative Easing have been the enablers supporting the stock market.  When it ends it will be very unpleasant. All the excuses will be made by the brokerage industry- naturally blaming others. While we always are […]