Stock market very close to a major correction

[Top Oil Trader + 469]

Just looked at the charts for a while did some studies on it, would say a plunge in imminent. A certain study I see on the chart, which only happens rarely, is a clear sign that in the coming weeks, we should see the beginning of a major plunge down in the stock market, give or take a couple of fake moves up. That plunge could start anywhere in the August / September 2018 time frame.

Fundamentally that would happen if we see the PEs or forecasts starting to decrease, for some large companies.

 

[Jo Mack + 43]

Doom and gloom!!! Go watch more CNBC and keep us posted on the upcoming crash.  Like Paul Krugman, a leading economist that liberals pray to, "if Trump is elected, the country will be in a recession in 3 months or so"  personally, my 401 is doing great, my pay increased quite nicely and I'll make every effort I can to buy American.  For my industry, the stripping away of Obama's killing regulations has blown the top off my company - thank you very much!  I'll take that all with a hope the Republicans get a super majority on the House and Senate!