{"id":4294,"date":"2011-06-08T15:13:17","date_gmt":"2011-06-08T21:13:17","guid":{"rendered":"http:\/\/www.jasonapollovoss.local\/?p=4294"},"modified":"2018-09-21T02:06:09","modified_gmt":"2018-09-21T06:06:09","slug":"intuitive-assessment-of-investment-climate-update","status":"publish","type":"post","link":"https:\/\/jasonapollovoss.com\/web\/2011\/06\/08\/intuitive-assessment-of-investment-climate-update\/","title":{"rendered":"Intuitive Assessment of Investment Climate update"},"content":{"rendered":"<p><span style=\"font-size: 16px;\">On 17 May, 2011 I wrote a piece entitled, &#8220;Intuitive Assessment of Investment Climate&#8221; where I used the intuition skills I teach in my book &#8220;<a href=\"https:\/\/jasonapollovoss.com\/webbook\" target=\"_blank\" rel=\"noopener\">The Intuitive Investor: A Radical Guide for Manifesting Wealth<\/a>&#8221; to make a prediction as to the direction of the financial markets, specifically the Dow Jones Industrial Averages.<\/span><\/p>\n<p><span style=\"font-size: 16px;\">Then I said:<\/span><\/p>\n<p><span style=\"font-size: 16px;\">&#8220;[I]f I had to place a probability on a 500+ point decline it would be around 30%.\u00a0 If I had to place a probability on a 300+ point decline it would be 45-50%.\u00a0 Declines of less than 300+ points are a 10-15% probability.\u00a0 Gains of greater than 5% feel unlikely to me at this moment.&#8221;<\/span><\/p>\n<p><span style=\"font-size: 16px;\">So how have I done using the technique?<\/span><\/p>\n<p><span style=\"font-size: 16px;\">17 May, 2011 saw the DJIA open at 12,541.18, as of the close of 8 June, 2011, the DJIA stands at 12,048.94, a decline of 492.25 points, or down 3.9%.<\/span><\/p>\n<p><span style=\"font-size: 16px;\">More importantly, where do we stand going forward?\u00a0 I still feel as if there is some residual queasiness left in the financial markets.\u00a0 I would characterize it at about 10% of what it had been back on May 17, 2011.\u00a0 However, I directed my intuition to the collective consciousness of the U.S. financial markets, not to the economy, and to Jane and Joe Blow.<\/span><\/p>\n<p><span style=\"font-size: 16px;\">Turning my attention there I find that the U.S. consumer is hunkering down and entering bunker mode.\u00a0 There is a soldier&#8217;s battle mentality, not an attitude of panic, just nervousness.\u00a0 This combination of factors leads me to conclude that we are in the midst of directionless financial markets.\u00a0 That is, we are in the midst of turbulence.\u00a0 News with catalyze the markets.\u00a0 Positive news will result in uplift.\u00a0 Negative news will result in downdraft.<\/span><\/p>\n<p><span style=\"font-size: 16px;\">Right now there feels a strong bias toward negative reaction, so we may see even bigger sell offs\/buying opportunities.<\/span><\/p>\n<p><span style=\"font-size: 16px;\">I will continue to monitor this situation and update as appropriate.<\/span><\/p>\n<p><span style=\"font-size: 16px;\">Jason<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On 17 May, 2011 I wrote a piece entitled, &#8220;Intuitive Assessment of Investment Climate&#8221; where I used the intuition skills I teach in my book &#8220;The Intuitive Investor: A Radical Guide for Manifesting Wealth&#8221; to make a prediction as to the direction of the financial markets, specifically the Dow Jones Industrial Averages. Then I said: [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[3,16],"tags":[],"class_list":["post-4294","post","type-post","status-publish","format-standard","hentry","category-the-blog","category-intuitive-assessments"],"_links":{"self":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts\/4294","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/comments?post=4294"}],"version-history":[{"count":0,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts\/4294\/revisions"}],"wp:attachment":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/media?parent=4294"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/categories?post=4294"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/tags?post=4294"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}