Wednesday, December 23, 2015

Recent Stock Market Actions 12/23/15

December 23, 2015

     The market will continue higher in the short term, with most indexes reaching new highs within a few weeks. This rally will be short lived however but should be used to prepare ourselves for a dramatic return back to the lows we saw in October, 2015. If you are long, use this upcoming rally to liquidate your short term holdings. Once the markets reach the October 2015 lows, you will be able to re-purchase your securities at substantial discounts vs. current prices. This whipsaw movement will shake the confidence of many investors, but after this downward slide the market will embark on a longer term move to new highs.

Let me know your thoughts.
Thanks for reading,
Ivan Kollar