Interestingly, at the backdrop of all negative global economic prognosis, most US market indexes have arrived at or near historical heights at the market close on Friday (Chart A). There is an important observation for the market trend next week. There can be two scenarios; the US market may break above historical height or drop … Continue reading Decisive Market Future Next Week
If you are investing through mutual funds following my recommendations, all your funds should now be positive by now. Because all US markets have all broken through their resistance a few days ago. They are now posed for the bullish run next week unless Trump makes another shocking tweet within these few days. US markets … Continue reading Your Investment Should be in Positive Territory by Now
US market has just posted the best weeks for the month since March 2016 particularly true for S&P 500 index. It has crashed those who have left market earlier but rewarded those who bet from bottom fishing. However, no one can be certain whether this surge set up a bull trapped or real bull run … Continue reading Snares of Market Predictions
Prices of gold have been the most mysterious among all kind of investment vehicle. Former Federal Reserve Chairman Ben Bernanke, holding economic degrees from both Harvest College and Massachusetts Institute of Technology famously told Congress that, “nobody really understands gold prices, and I don’t pretend to really understand them either.” Nonetheless, there are a lot … Continue reading Should We Buy Gold Related Funds Now?
Andrew Sheets, chief cross-asset strategist at Morgan Stanley, recently said that the recent correction was just an "appetizer, not the main course." Chris Watling, chief executive of financial advisory firm Longview Economics, also said that market models show a "third wave" of the market correction is coming. This comment was released at the time when … Continue reading 5 Reasons to Believe Recent Sell Off a Temporary Event