How can the stocks bull market continue when we have morons and mad scientists in charge who's incompetence has sent the death tolls sky rocketing to well beyond anything anyone could have imagined a month ago when the US had less than 300 deaths?

The answer is ............. it can't. So the stock markets should be heading lower rather than higher over the coming weeks..

DJIA Stock Market Trend Analysis

This analysis will continue in my next article that I aim to complete in my next analysis to resolve in a detailed stock market trend forecast as well as updating AI stocks buying levels for Q2.

However, my preliminary analysis suggests to expect the Dow to target a downtrend to around 20,000 by Mid May.

The whole of this analysis was first made available to Patrons who support my work: Is the Stock Market Correct to Ignore The Great Coronavirus Economic Depression?

Rabbits in the Headlights
Paving the Way for War with China
The Coronavirus Greatest Economic Depression in History?
Crude Oil Prices Go NEGATIVE!
UK Coronavirus Catastrophe Current State
US Coronavirus Catastrophe Current State
Stock Market Implications and Forecast

So for immediate first access to ALL of my analysis and trend forecasts then do consider becoming a Patron by supporting my work for just $3 per month. https://www.patreon.com/Nadeem_Walayat.

Including access to my latest stock market analysis -

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Your analyst waiting for the day when AI's publically advise governments on how to respond to crisis.

Nadeem Walayat

http://www.marketoracle.co.uk

Nadeem Walayat has over 30 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.

Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 1000 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

Nadeem Walayat Archive

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