Market On Close - Monday 22 January

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Now What?

by Alex King

Now we start to find out whether we are indeed in Late Cycle Capitalism, have put in double-tops on the all-time-highs in the US equity indices, and are going to head slowly towards the Dumpster - or whether we’re early in a new bull cycle and getting ready to hit new highs continuously for a while. I would be surprised if the answer comes easily. I would be unsurprised if there is some push-pull for awhile to first suck in some of the Mt. Zeus-sized pile of money sat on the sidelines, then take some of it off of people by scaring them back out of the market again, before then another move up.

For paying Inner Circle members we now run through our usual charts covering the main US equity indices, associated leveraged ETFs, plus the SOXL TECL and FNGU ETFs as always. Yet to join up as a paying member here at Inner Circle? You can do so right from the links below.

Note - to open full-page versions of these charts, just click on the chart headings, which are hyperlinks.