The S&P 500 could soar as much as 25%, to 4,600, in 2021 as the outlook for equities clears after an extended period of elevated risks, JPMorgan said in a note Wednesday.
"We see the S&P 500 reaching 4,000 by early next year," strategists led by Dubravko Lakos-Bujas wrote. "Our base case S&P 500 price target for 2021 is 4,400 with a range of 4,200 to 4,600."
Dec, 31, 1999
"Today, on the last day of the outgoing century, I resign," Mr Yeltsin said.
For more than 20 years, Putin's Bulls Market still is on the run. Possible drop is 90% in case of trend breakdown.
* Sberbank of Russia (ordinary shares) trades below Weekly SMA(200) almost 1st time in past 5YRS.
* 95% of 10YR Trades Volume is near 110 or below.
* 99% of all-time Trades Volume is near 110 or below.
* Looking for further 35% decline.
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the...
United States Oil ( USO ) falls on spread of Wuhan virus, U.S. oil-stocks build.
Currently $10.50 per stock or $50/bbl seems like local support while bearish downtrend still is in action.
Looking forward for major bearish continuation, until nearest (Mar '20) Triple Witch.
Let's take a look on Aaple stocks 3D (3-days) chart.
Technically we've got in Q4 '18 the worst reversal scenario ever, - as the price turned from o/bought into o/sold area around $210 just in a single movement. Yes, that is still the Bubble above $120.
My focus is the price should be higher bearish neckline , for any further purchases.