Dow Stock Market Dow Trend Forecast Current State
Stock-Markets / Stock Market 2021 Apr 22, 2021 - 12:15 PM GMTBy: Nadeem_Walayat
My trend forecast for 2021 as of the 8th of Feb analysis Dow Stock Market Trend Forecast 2021 is for a bull run to Dow 35k punctuated by a summer correction beginning early May as illustrated by the forecast graph for a gain of about 15% on the year.
The Dow currently stands at 33,503, a case of full steam ahead, literally climbing a wall of worry where a quick google on how this is being perceived by the blogosfear has the highly vocal doom merchants chasing their tails, tending to see every down day as a sign that the the TOP is IN! Which is why one should not pay attention to blogosfear!
(Charts courtesy of stockcharts.com)
So it's a case of full steam ahead into the window for a correction starting early May.
This article is an excerpt form recant extensive analysis : How to Invest in HIGH RISK Tech Stocks for 2021 and Beyond
Topics covered Include:
- Covid Current State
- How to Get FREE Access to My Patreon Content for the Next 5 Years!
- Dow Stock Market Dow Trend Forecast Current State
- Stocks Bear Market / Crash Indicator (CI18)
- AI Stocks Lead the Bull Charge
- King Zuckerberg Tech Companies to Set up their own Governments!
- Best AI ETF ?
- INVESTING IN HIGH RISK TECH STOCKS
- THE ONLY WAY TO GET THE BIG PAY OFFs
- High Risk Tech Stocks Short List
- TESLA DISCOUNTING THE FUTURE
- 4 More High Risk Tech Stocks
- Who Wants to live Forever?
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.
How to Get FREE Access to My Patreon Content for the Next 5 Years!
The crypto mania is continuing to offer a short window of opportunity for likely only a few more months as Bitcoin continues to trade well above $50,000 which means virtually anyone with a decent GPU in their desktop PC can make easy money crypto mining in the background, and here's how my desktop PC is actually earning a net $6.50 per day crypto mining in the background, which within 3 weeks earned $136 net of UK electricity costs that resolves to $200 per month, more than enough to cover 5 years of Patreon fees at $3 per month ($180)!
Check out my video if you want FREE money, and yes my eyes rolled when I wrote that, sounds too good to be true. Though I do cover the risks in the video such as that the Bitcoin price WILL CRASH, and mining profits are GPU dependant. Nevertheless crypto mining in the background with Nicehash is generating $6.5 profit per day for me, so do look into crypto mining with your desktop PC whilst it lasts (referral link).
Video Contents:
00:20 Mining with NiceHash Intro
01:20 Limit GPU System Power Draw
02:58 3 Weeks Mining Earnings
03:38 Calculating Profitability
07:24 GPU settings for Mining in the background
08:46 Which GPU's are profitable
10:03 How long to crypto mine for
11:04 What to do with your bitcoin earnings
12.30 Spend Your Bitcoin when Price is High
13.30 Bitcoin Price Could CRASH
14:45 Mine whilst profitable to do so
16:33 What to do if Bitcoin Crashes
The bottom line is that the current free easy money crypto mining environment is time limited, how long will it persist for? Whilst I will do an analysis on the future prospects for the Bitcoin price in forthcoming piece. However, I don't see this crypto mania party extending much beyond 3 more months, especially as a major change is coming to Ethereum called EIP 1559 which will effectively halve the reward for miners. Note mining with NiceHash is actually done in Ethereum but the payout is in Bitcoin, more reason not to waste this time limited opportunity.
My analysis schedule includes:
- More High Risk Tech Stocks
- Google - A Lesson of How to Invest
- Bitcoin Price Trend Forecast
- UK House Prices Trend Analysis
- How to Get Rich
- US Dollar and British Pound analysis
So again for immediate access to all my work do consider becoming a Patron by supporting my work for just $3 per month. https://www.patreon.com/Nadeem_Walayat.
And ensure you are subscribed to my ALWAYS FREE newsletter for my next in-depth analysis.
Nadeem Walayat
Copyright © 2005-2021 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.
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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