We are in the early stages of a long and major bear market that will inflict more pain and in many stocks it has been painful already. While we have never recommended shorting the stock market, we have advised people to “take money off the table” for several years. We have forecast a 30% to 40% market decline off the top with many rallies in between. The brokerage hucksters and banksters, due to the fact that they must keep the commission “meters running” cannot afford to allow periods of reasonable corrections and low volume. The old term was “healthy correction.” They cannot recommend waiting for better buying opportunities which causes many stocks being bought at the highly overvalued prices.  Few investors realize that in the life of any stock(s) there are sellers near the top when profits can be taken and the people who take the lion’s share of the profits are the brokers’ trading desks and foreign off-shore traders who have no tax implications and impediments. As is always the case, the average Canadian and American investor and many institutional investors gets the short end of the bargain. The trading desks and off-shore investors have the enormous advantage of selling without time constraints due to taxes or any tax implications. What many investors and people in the media do not understand is that today a very small percentage of the public is in the market trading or investing at this time. Many are tired of overvalued brokerage recommendations […]

    If our fundamental,technical and cyclical indications are correct and we hope that they are not,we are heading into very difficult times, a long bear market for the stockmarkets and the world economy. We expect a major bear market for many but not all stocks.                              Yes, for several years we have suggested that intermittent 20% plus market declines should have occurred to be followed by rallies back up. Those interim corrections could have prevented the stock market from carrying dangerousovervaluation and would have offered opportunities to invest when stocks areundervalued and literally “on sale.” Too many stocks have been purchased at very overpriced levels.    The cardinal sin of “paying up” was committed again. What? Note Tesla, Netflix, Amazon, Facebook ! Good companies but selling at too high prices. UNFAIR FOR MANY INVESTORS   Worse yet, numerous Canadian and American stocks are undervalued and represent exceptional value, yet they are overlooked by the major full service brokerage industry.   Why? Because the large U.S. brokerage firms focus on common stocks that offer adequate liquidity for trading to accommodate hedge funds and high frequency traders as well as stocks with whom they have corporate finance relationships.      For years they have overlooked companies that are exceptionally undervalued with consistent insider buying and ownership by their officers and directors. We find that the average person using all the investment information available in market newsletter services and on the […]