Milton Berg: The Stock Market Is In Trouble

When quiet legend of technical analysis Milton Berg first appeared on Forward Guidance in January 2023, he predicted a scorching stock bull market. Now that his call has aged very well, he returns to the program urging caution. Although his model portfolio is 100% long based on short-term indicators, he expects that any move higher will be temporary and that the bull market will end soon. Filmed on September 5, 2023.
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Timecodes:
(00:00) Introduction
(00:09) Reviewing Milton Berg's Successful Bullish Call in January 2023
(07:23) Market Outlook Now
(20:00) "This Market Is In A Lot Of Trouble
(22:16) Eight Reasons To Doubt That This Bull Market Will Continue
(28:05) Banking Index Often Bottoms Before General Stock Market Bull Move
(30:14) High Interest Rates Are A Deflationary Force
(36:26) Stock Market Not As Healthy As It Seems
(56:16) Market Cycle Dates
(01:05:54) Milton Berg No Longer Bullish On China
(01:08:17) Anticipating the End Of This Rally
(01:18:35) Bullish Call On Bank Index
(01:24:13) Stocks Will Likely Decline Below Low Of October 2022, Argues Berg
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Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.