Rising of Lazarus

מעודכן
Read the bible verse here : John 11.1-45 about the resurrection of Lazarus.

The year 2020 36% plunge from the peak and the V-shape recovery which resembles the resurrection of Lazarus, a story that the mortal world finds it impossible to believe in.

Read what analysts and fund managers said here, here and here.

Don't ask me why they were wrong in their predictions as this is totally unprecedented and one global event that took everyone by surprise.

If 2019 bull run is any guide, then we can infer that perhaps 2020 remaining two quarters would be bullish as well.

Thus far, we are 48% up from the bottom in March and it looks like it is not resting on its laurels.

I am bullish on US indices for the following reasons :

1) Feds unlimited money printing
2) Upcoming Election
3) Wealthy Chinese in HK are likely to transfer their investment assets to US
4) Ultra Low interest rate encourage corporates to borrow funds cheaply
5) Reopening of states will drive pent up demand and consumers' spending

Let the bullish trend tell you what you should do. Correction is inevitable along the way, accumulate on dips.




הערה
He does not believe the current price of SPX500 along with other US indices can continue to go higher.

markets.businessinsider.com/news/stocks/jeff-gundlach-stock-market-will-likely-fall-from-lofty-perch-2020-6-1029296250
Chart PatternsTrend Analysis

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