best stock market forecasters
"best stock market forecasters "
what the best stock market forecasters are saying what about the market? What this all about..... See below.
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Sentiment Trader is hounding the best stock market forecasters around town for answers on what is happening to the market so we can help our AWESOME ==> our VIP MEMBERS here <== right now it seems the Bull Trots Steadily On
After another week of gains, investors aren’t getting out of this market soon. Just ahead, a record for consecutive days without a 5% selloff.
After another week of strong gains for stocks, the fear of missing out could drive this bull market even higher. We will find out soon enough I guess.
the Dow Jones Industrial Average climbed 368.58 points, or 1.6%, to 22,773.67, its fourth consecutive week of gains. The Nasdaq Co mposite gained 1.5% to 6590.18, a record high, while the Standard & Poor’s 500 index rose 1.2% to 2549.33.
And what well-earned gains they were. Early last week, the Institute for Supply Management’s manufacturing index hit 60.8, its highest level since 2004. That was followed by better-than-expected jobless claims and durable goods orders on Thursday. Even Friday’s weaker-than-expected payrolls report could be explained away due to the hurricanes that hammered the country during September. Looking ahead to next week, September’s consumer-price-index data could provide more evidence of a not-too-hot, not-too-cold economy.
Have a look at the market, we had our first red day in weeks. But the markets are skyrocketing!! It seems santa is come to fill the sacks early for investors. This is quite interesting.
Our Members here => VIP members here think the market has gone bananas! Some of our newer members think the market cannot go higher this year. But in all our experience we need to tell you the market can remain irrational, much longer than traders can remain SOLVENT in terms of money.
Generally, fundamentals look good, but things are skyrocketing, so We expect the expansion to continue at a much slow rate.
Speaking of slow: The S&P 500 has now gone 332 days without a 5% drop, second only to the 333-day rally that began on Nov. 23, 1994.
Our top analysts here at SENTIMENT TRADER reminds us that bull markets generally see a “blowoff” move from at least one market sector before all is said and done. He points to 2007 and the rally in oil stocks—the energy sector gained 32% that year as the market was topping—and I’d add the tech sector’s 78% rise in 1999.
We are thinking that no matter what, its pretty obvious to us that, the bull market probably isn’t done yet, we think bigger dips or a larger sell off could happen. They call this THE MOST UNLOVED bull market in history” Gretz say. But it will be loved or well liked long before it’s over!!!
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