Buy stocks; buy, buy, and buy a little more—this is exactly what the stock market, currently controlled by a bear in sheep’s clothing, would like you to do. Signs of a stock market reversal are clear and should be taken seriously by my readers. The S&P 500 is swimming in shark infested waters with no land in sight. The stock market is closing its eyes to the fact that an increasing number of U.S. companies in the S&P 500 are becoming victims of the global economic slowdown . FedEx Corporation (NYSE/FDX), Intel Corporation (NASDAQ/INTC), International Business Machines Corporation (NYSE/IBM), and Norfolk Southern Corporation (NYSE/NSC) are just some of the companies that have already warned about their corporate earnings growth slowing, largely because of the global economic slowdown. All investors should face the truth: the only reason the key stocks indices have gone up is money printing. The value of money goes down, and the prices of equities go up. However, as the global economic slowdown deepens, companies start making less money and their stock prices fall—even if more money is printed. The warning signs about the reversal in the stock market’s direction are coming in at a fast rate. Dow theory is suggesting a reversal, corporate insiders are selling stock at a high rate, stock advisors are very bullish, corporate earnings are declining, and companies are warning about the economic slowdown affecting business—all in all, leading ingredients of a decline in the stock market. In a recent development, Caterpillar Inc. (NYSE/CAT), the world’s biggest construction and mining equipment manufacturer, issued a warning about its corporate earnings outlook. The company believes that the global economic slowdown will continue through 2015—and its corporate earnings will be between $12.00 and $18.00 a share in 2015, compared to a previously forecast $15.00 and $20.00 a share. (Source : Market Watch , September 26, 2012.) Similarly, The Proctor & Gamble Company (NYSE/PG), a classic blue chip stock, has cut its corporate earnings outlook for the third time in the last 12 months. The company is the largest producer of household goods in the world. Proctor & Gamble’s core corporate earnings are estimated to be $0.91 to $0.97 a share now, compared to $1.03, and the company’s sales are also on track to decline between four to six percent in this quarter. At the same time, companies like The Dow Chemical Company (NYSE/DOW), a manufacturer and supplier of chemicals worldwide, is trying to keep its forecasted corporate earnings on track, but it too has warned about the global economic slowdown affecting its operations. The company is cutting debt, costs, and capital spending. NIKE, Inc. (NYSE/NKE), the athletic shoe and apparel manufacturer, is ... Read More