Friday, June 20, 2014
Wednesday, June 18, 2014
Monday, June 16, 2014
Sunday, June 15, 2014
Saturday, June 14, 2014
$SPY Prediction for 6/16/14
Bearish!!!!!! But who really knows or can make a prediction? I am thinking that we may be topping. We have the IRAQ situation and our loss of overseas prestige, I expect forward returns on the S&P 500 over the next five years to be in the 1% - 4% range, well below historical averages, the S&P 500 appears to be moderately overvalued, I believe a 20% correction is going to happen soon, and I believe that over the next 5 years there will a slow grind downward or be range bound. And let's not forget that the last 1.5 year bull market was powered on extremely low volume.
No one can predict the future!!!
No one can predict the future!!!
Friday, June 6, 2014
Tuesday, June 3, 2014
Monday, June 2, 2014
Sunday, June 1, 2014
I still feel we are in some sort of topping pattern
Reached new highs this week. Because of the low volume -- I still feel we are in some sort of topping pattern. I have a bearish outlook for next week!!!!
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