Stock Market Dow 30k before End of 2020?

By: Nadeem_Walayat

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).

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Nadeem Walayat

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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.

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

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