Monetary Matters with Jack Farley Milton Berg: “Overwhelming” Evidence of Bullish Action In Stock Market
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May 14, 2025 Milton Berg, a pioneer in technical market analysis, discusses his bullish outlook for the stock market, emphasizing that early April marked a significant turning point. He analyzes rare market signals, including the TRIN indicator, and historical patterns that suggest a strong potential for a bull market. Despite current bearish sentiments, he points to positive trends and patterns in major indices like the NASDAQ and S&P 500. Berg also critiques the value of gold, advocating for a focus on stocks instead, while exploring international markets and their implications.
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Market Had Prolonged Bear Phase
- The US stock market had a flat or negative performance over the past four years, indicating a major bear market for some indices.
- A good bull market historically follows a significant bear market, suggesting potential for upside now.
April 9th Marked Bullish Turning Point
- On April 9th, the market showed extreme bullish technical signals including a 90 to 1 upside volume ratio.
- Similar historic occurrences always marked major market bottoms and prelude significant bull markets.
Rare Signal Predicts Bull Market
- A rare market signal with 18 historical precedents shows that such days lead to bull markets with minimum 17% gains within 12 months.
- This strengthens confidence in the April 9 signal as a sign of sustained market upside.