April 2013 Springtime Stock Market Crash is Coming
As we turn the calendar and head into April 2013 full steam ahead with some nice year-to-date gains for the fourth consecutive year, the problem is that the past three Aprils have all marked the starting point of corrections.
There are 10 indicators that in each of the last three years preceded the downturns — they were signals and indicators predicting that a downturn was coming.
Half of these 10 indicators are signaling something you ought to watch out for now, whereas all ten were flashing warnings in the prior three April’s.
Among the red flags are falling consumer confidence, volatility is sitting at multi-year lows and earnings estimates for the 3rd and 4th quarters are still way too high and will be coming down — it’s hard for stocks to go up when estimates are coming down.
And while the previous three April’s have marked the start of something gloomy, predictions are for a 2013 stock market decline in the neighborhood of 5% to 10% — but don’t get too greedy, waiting for a bigger and sharper stock market correction.
Tags: April 2010, April 2011, April 2012, April 2013, April 2013 Stock Market Crash, April Stock Market Crashes, Consumer Confidence, Earnings Estimates, Springtime Stock Market Crash, Stock Market Correction, Stock Market Decline, Volatility