Indices Long Term Current and Past Portfolios
Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice or recommendation. Furthermore, the opinions expressed may change without notice.
SPX is very likely going to punch through Neck Bank this coming week. A daily close above 1895 would signal a swift move to 1925 initially and 1960 probably by mid May.
In the last two months, large caps have been substantially out performing small caps. If out performance by large caps continues, chances are good that we would see large cap indices (i.e. DJI, SPX and NDX) peak into a bubble sometime in late June or early July. Bursting that bubble would cause a significant correction (15% to 30%) in all indices by Sep / Oct 2014.
In the last two months, large caps have been substantially out performing small caps. If out performance by large caps continues, chances are good that we would see large cap indices (i.e. DJI, SPX and NDX) peak into a bubble sometime in late June or early July. Bursting that bubble would cause a significant correction (15% to 30%) in all indices by Sep / Oct 2014.
Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice or recommendation. Furthermore, the opinions expressed may change without notice.
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