skip to Main Content

Broader market forecast update for the week of 10/06/2014 – 10/10/2014

Our research shows continued strength into the first part of this coming week. Strong follow through starting early Monday will be important after this past Friday’s move off just above the 200 day moving average for the broader markets. We’re expecting continued high volatility through the month of October. We’ll be buyers of any weakness at or below the 200 day moving average. Last week we positioned ourselves in a variety of ETF’s and stocks and we expect to have many more this coming week. As stated in almost all or previous broader market forecasts once we’re through the month of October we’re expecting a strong rally into the end of the year.

We’re currently compiling a list of January effect stocks for late November through the first part of February. We believe this will be one of the best January seasonal effects ever due to the mid to late year weakness in the small caps and low price stocks within the Russell 2000. This group has suffered significantly due in part to investors seeking instead stocks that offer a dividend yield. Next week we’ll post our results from last years January effect. If you haven’t already make sure you sign up for our newsletters and get your 1 month free.

Have a great week.

Back To Top