Friday, June 14, 2013

Stock Markets US & Japan


S&P 500, US stock market, down for next few months


Everyone's been waiting for this train to slow down. It is now time for that to happen.  While I used to be in the camp calling for a crash to happen soon over the past year, I don't think it's likely. What I see as more likely is a drop to around the 1500 area and then we will continue higher, making new highs by 2014.

Nikkei225 -- Japanese Stock Market

This one specifically is the best investment in coming months when it comes to stock markets across the globe. I'm not exactly sure where it's going to bottom, could be 11,500, could be lower or higher than that. We don't really know. What I do know is I see some people claiming it's now in a bear market because of the big recent sell offs from the highs. Those people are dead wrong in my opinion.  While it should see weakness into around September-October.. this market should have a lot more room to go to the upside.


No comments:

Post a Comment