My prediction for next week:
First, the tax incentives for selling that exist today will be gone. Second, many Wall St. people who are on vacation today will be back at work. Third, Financial media narrative seems to be pumping the idea that 2021 will be fantastic for stocks (and I've learned never to fight the narrative even if I disagree). Fourth, dollar still trending down which makes US stocks cheaper for foreign investors. Finally, this past quarter I predict will be fantastic, revenue wise. I also wouldn't be surprised if there was a minor increase in price right before market close.
First, the tax incentives for selling that exist today will be gone. Second, many Wall St. people who are on vacation today will be back at work. Third, Financial media narrative seems to be pumping the idea that 2021 will be fantastic for stocks (and I've learned never to fight the narrative even if I disagree). Fourth, dollar still trending down which makes US stocks cheaper for foreign investors. Finally, this past quarter I predict will be fantastic, revenue wise. I also wouldn't be surprised if there was a minor increase in price right before market close.