Wall Street doesn't see much downside risk in stocks. Well, we might get a 2.5% intraday meltdown on the first trading day in 2016 but that's just how the game goes. Right?
The probability of investing in stocks in 2016 hoping for a 20%, 50% or 100% return in the next 2-12 years is close to zero. If you wanted to invest in stocks you should have done it when there was "free money" available. ZIRP.
I think the possibility of a correction down to 1,500 in the S&P in 2016 is high but a few technical levels need to break. The fact we haven't seen a new high in the S&P is a bearish signal. Lower highs, lower lows. The longer term lower low is the Black Monday low sub 1,830. If that goes, Game Over for a while.
The probability of investing in stocks in 2016 hoping for a 20%, 50% or 100% return in the next 2-12 years is close to zero. If you wanted to invest in stocks you should have done it when there was "free money" available. ZIRP.
I think the possibility of a correction down to 1,500 in the S&P in 2016 is high but a few technical levels need to break. The fact we haven't seen a new high in the S&P is a bearish signal. Lower highs, lower lows. The longer term lower low is the Black Monday low sub 1,830. If that goes, Game Over for a while.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.