Mar 1, 2016 09:07 PM
(This post was last modified: Mar 1, 2016 09:15 PM by thales.)
Stock market crash coming in 2016, no doubt. Here is some factual information to back up my claim.
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Unemployment up:In the week ending February 20, the advance figure for seasonally adjusted initial claims was 272,000, an increase of 10,000 from the previous week's unrevised level of 262,000. The 4-week moving average was 272,000, a decrease of 1,250 from the previous week's unrevised average of 273,250.
Source: http://www.dol.gov/opa/media/press/eta/eta20152015.pdf
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Oil production at a 43 year HIGH (Oil in general is bad):The U.S. pumped an average of 9.43 million barrels per day last year, according to new government figures. That's the highest level since 1972 and represents an impressive growth of 89% since 2008.
Source: http://money.cnn.com/2016/03/01/investin...ecord-opec
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Billionaires Dumping Stocks:For example, at the end of the second quarter of 2012, Berkshire Hathaway held 10.33 million shares of Johnson & Johnson.(1) At the end of the second quarter of 2014, it held only 327,100 shares.(2) Over a two-year period, Buffett’s holding company sold off 96.8% of its holdings in Johnson & Johnson.
Berkshire Hathaway also culled its holdings in Kraft Foods Group, Inc. (NASDAQ/KRFT). In the second quarter of 2012, Warren Buffett’s holding company held 58,826,390 shares; two years later, it held just 192,666 shares. That represents a 99.7% sell-off.
In position number seven, The Procter & Gamble Company (NYSE/PG) is still one of Warren Buffett’s top holdings. That said, Berkshire Hathaway currently owns 52,793,078 shares of Procter & Gamble, or two percent of the company. But four years ago, it held 59.6 million shares. In just four years, Warren Buffett has dumped 11.5% of his holdings in Procter & Gamble.
Source: http://www.profitconfidential.com/econom...ket-crash/
More predictions of well accredited people:
http://www.marketwatch.com/story/why-tom...=obnetwork
http://thesovereigninvestor.com/exclusiv...e-in-2016/
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China: The Chinese Bubble Has Begun to Pop. All time new lows.
Source: http://www.zerohedge.com/news/2016-02-28...month-lows
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Student Loans:The U.S. government backs nearly all student loans, so ratings agencies pin a high credit rating to these debts, even though a student may not have the ability to repay. Right now, the government is on the hook for over $1.2 trillion in outstanding student loans that need to be paid back.
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Patterns before last recession(s):
Retail Sales have dropped the most since before the last recession. The same is true with wholesale sales.
U.S. factory orders fell in December of 2015 by the most in a year, according to the Commerce Department.
Real U.S. GDP growth is slowing.
U.S. export growth has been weakening.
Corporate profits are declining.
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Stocks are OVERPRICED:
Chart (Click to View)
VIEW THIS CHART
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S&P 500 Breaking trendlines and LOW volume:
Chart (Click to View)
VIEW THIS CHART
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Dow Jones 10 year trendline broken:
Chart (Click to View)
VIEW THIS CHART
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Some ETF's to bet against the market and make money OFF the crash:
VXX: iPath S&P 500 VIX ST Futures ETN
VIXY: ProShares VIX Short-Term Futures
FAZ: Direxion Daily Financial Bear 3X ETF
DWTI: VelocityShares 3x Inverse Crude Oil ETN
SQQQ: ProShares UltraPro Short QQQ
UVXY: ProShares Ultra VIX Short-Term Futures
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Small disclaimer:
I am not responsible for losses or gains based on what you've read from this post. This is purely my opinion from my experience and research. I will not be held liable for any monetary issues you stumble upon. All information is property of the sources posted; if no source posted it can be found online. I do not identify or am a certified financial advisor or any sort of economist.
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Unemployment up:In the week ending February 20, the advance figure for seasonally adjusted initial claims was 272,000, an increase of 10,000 from the previous week's unrevised level of 262,000. The 4-week moving average was 272,000, a decrease of 1,250 from the previous week's unrevised average of 273,250.
Source: http://www.dol.gov/opa/media/press/eta/eta20152015.pdf
----------------------------------------------------------------------------------
Oil production at a 43 year HIGH (Oil in general is bad):The U.S. pumped an average of 9.43 million barrels per day last year, according to new government figures. That's the highest level since 1972 and represents an impressive growth of 89% since 2008.
Source: http://money.cnn.com/2016/03/01/investin...ecord-opec
----------------------------------------------------------------------------------
Billionaires Dumping Stocks:For example, at the end of the second quarter of 2012, Berkshire Hathaway held 10.33 million shares of Johnson & Johnson.(1) At the end of the second quarter of 2014, it held only 327,100 shares.(2) Over a two-year period, Buffett’s holding company sold off 96.8% of its holdings in Johnson & Johnson.
Berkshire Hathaway also culled its holdings in Kraft Foods Group, Inc. (NASDAQ/KRFT). In the second quarter of 2012, Warren Buffett’s holding company held 58,826,390 shares; two years later, it held just 192,666 shares. That represents a 99.7% sell-off.
In position number seven, The Procter & Gamble Company (NYSE/PG) is still one of Warren Buffett’s top holdings. That said, Berkshire Hathaway currently owns 52,793,078 shares of Procter & Gamble, or two percent of the company. But four years ago, it held 59.6 million shares. In just four years, Warren Buffett has dumped 11.5% of his holdings in Procter & Gamble.
Source: http://www.profitconfidential.com/econom...ket-crash/
More predictions of well accredited people:
http://www.marketwatch.com/story/why-tom...=obnetwork
http://thesovereigninvestor.com/exclusiv...e-in-2016/
----------------------------------------------------------------------------------
China: The Chinese Bubble Has Begun to Pop. All time new lows.
Source: http://www.zerohedge.com/news/2016-02-28...month-lows
----------------------------------------------------------------------------------
Student Loans:The U.S. government backs nearly all student loans, so ratings agencies pin a high credit rating to these debts, even though a student may not have the ability to repay. Right now, the government is on the hook for over $1.2 trillion in outstanding student loans that need to be paid back.
----------------------------------------------------------------------------------
Patterns before last recession(s):
Retail Sales have dropped the most since before the last recession. The same is true with wholesale sales.
U.S. factory orders fell in December of 2015 by the most in a year, according to the Commerce Department.
Real U.S. GDP growth is slowing.
U.S. export growth has been weakening.
Corporate profits are declining.
----------------------------------------------------------------------------------
Stocks are OVERPRICED:
Chart (Click to View)
VIEW THIS CHART
----------------------------------------------------------------------------------
S&P 500 Breaking trendlines and LOW volume:
Chart (Click to View)
VIEW THIS CHART
----------------------------------------------------------------------------------
Dow Jones 10 year trendline broken:
Chart (Click to View)
VIEW THIS CHART
----------------------------------------------------------------------------------
Some ETF's to bet against the market and make money OFF the crash:
VXX: iPath S&P 500 VIX ST Futures ETN
VIXY: ProShares VIX Short-Term Futures
FAZ: Direxion Daily Financial Bear 3X ETF
DWTI: VelocityShares 3x Inverse Crude Oil ETN
SQQQ: ProShares UltraPro Short QQQ
UVXY: ProShares Ultra VIX Short-Term Futures
----------------------------------------------------------------------------------
Small disclaimer:
I am not responsible for losses or gains based on what you've read from this post. This is purely my opinion from my experience and research. I will not be held liable for any monetary issues you stumble upon. All information is property of the sources posted; if no source posted it can be found online. I do not identify or am a certified financial advisor or any sort of economist.
