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Stock Market Dow 30k before End of 2020?

Stock-Markets / Stock Markets 2020 Jul 13, 2020 - 01:08 PM GMT

By: Nadeem_Walayat

Stock-Markets

Looking at the way the Dow has behaved to date in the wake of the the Great Corona Crash of 2020.


Then it is increasingly looking possible that my original stock market forecast for 2020 made at the end of last year could yet materialise to a significant degree i.e. with the Dow setting a new all time high by trading to above 30,000 before the end of this year, most of it driven by waves of government epic money printing stimulus. With the general indices driven higher courtesy of the tech sector that we all should be heavily exposed to.

Dec 31, 2019 at 12:24pm
Stock Market Trend Forecast Outlook for 2020

Dow Stock Market 2020 Outlook Forecast Conclusion

Therefore my forecast conclusion is for the Dow to target a trend to between 30,750 and 31,000 by the end of 2020. For a likely gain of 8% to 9% for the year (on the last close of 28,462).

This article is an excerpt from most recent in-depth analysis How to Get Rich Investing in Stocks by Riding the Electron Wave most of which has been exclusively made available to Patrons who support my work.

So for immediate first access to ALL of my analysis and trend forecasts then do consider becoming a Patron by supporting my work for just $3 per month. https://www.patreon.com/Nadeem_Walayat.

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Your analyst.

Nadeem Walayat

http://www.marketoracle.co.uk

Copyright © 2005-2020 Marketoracle.co.uk (Market Oracle Ltd). All rights reserved.

Nadeem Walayat has over 30 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.

Housing Markets Forecast 2014-2018The Stocks Stealth Bull Market 2013 and Beyond EbookThe Stocks Stealth Bull Market Update 2011 EbookThe Interest Rate Mega-Trend EbookThe Inflation Mega-trend Ebook

Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 1000 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

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