Buying the Current Dip in Equities?

Dear Reader,

I revise my forecast on Fed policy. I forecast a hike in December 2015.
I still forecast US major stock indices to post 5-8% gains in 2015.
I expect EU major stock indices(DAX, CAC, FTSE) to post 5-8% in 2015.

That said, buying the current dip should prove handsomely profitable.

I expect 10 year US treasury yield to touch 2.70% in 2015. I expect 10 year German bunds yield to touch 1.0% in 2015.

I expect oil WTI to recover to 65 USD in 2015. Gold to fall to 800 USD in 2, 3 years.

Twitter, LinkedIn are undervalued. Facebook, Apple are fully valued. Microsoft is undervalued on Windows 10.


Disclaimer: This article and posts on social networks(Twitter, LinkedIn etc.) are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions  expressed in the blogpost and posts on social networks(Twitter, LinkedIn etc.) are the author's and they in no way express the opinion or official position of Bulgarian National Bank!



Conflicts of interest: I may possess some of the securities,currencies or their derivatives mentioned in the blogpost and posts on social networks(Twitter, LinkedIn etc.)!

Buying the Current Western Major Stock Markets Dip and FED Hike Next Week?

Dear Reader,

I still expect major US stock indices(DJIA, S&P 500 and Nasdaq) to post 5-8% gains in 2015. Basically, buying the current dip should prove handsomely profitable.

I still expect the Federal Reserve to hike the Federal Funds Rate by 0.25% next week AND in December 2015. I forecast the US 10 year treasury yield will reach 2.7% in 2015.

I forecast the major European stock markets to post mild 5-8% gains in 2015, so buying the dip here will again be profitable. 10 year German government bonds yield should touch 1.00% in 2015. I forecast the major eurozone 'periphery' government bonds (Italy, Spain, Portugal, Ireland, Greece) to sell off in the year's end. Spanish and Italian 10 year government bonds yield should reach 3.00% in 2015.

I forecast oil WTI to recover to 65 USD in 2015. Gold will fall to 800 in 2-3 years.



Disclaimer: This article and posts on social networks(Twitter, LinkedIn etc.) are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions  expressed in the blogpost and posts on social networks(Twitter, LinkedIn etc.) are the author's and they in no way express the opinion or official position of Bulgarian National Bank!



Conflicts of interest: I may possess some of the securities,currencies or their derivatives mentioned in the blogpost and posts on social networks(Twitter, LinkedIn etc.)!

Predictions Results and More Forecasts!

Dear Reader,

I still believe that US major stock indices will finish the year 2015 up 5-8%. So buying the current dip should prove (quite) profitable.

Accuracy of Predictions: As evidenced by previous posts, I predicted that US tech stocks will correct 30%. This came true for stocks listed in the last 3-4 years, while old tech majors like Google, Microsoft, Amazon, Apple corrected circa 20% along with Facebook. I predicted also that there will not be a crash. I update my prediction that most of the tech stocks will recover their losses.

European stock indices, though, will not fully recover  their highs. I expect DAX, CAC, FTSE to post circa 5% gains in 2015.

I forecast the Federal Reserve will raise rates in September and December or twice this year. I forecast the German 10 year bund yield will touch 1.00% in 2015 and US 10 year treasury yield will reach 2.7% in 2015.

EUR/USD should fall to 0.90, while USD/JPY should touch 110.

I believe oil WTI will recover to 60 USD in 2015, so global oil majors look like a good investment.

Gold should fall to 800 USD in 2-3 years.


Disclaimer: This article and posts on social networks(Twitter, LinkedIn etc.) are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions  expressed in the blogpost and posts on social networks(Twitter, LinkedIn etc.) are the author's and they in no way express the opinion or official position of Bulgarian National Bank!



Conflicts of interest: I may possess some of the securities,currencies or their derivatives mentioned in the blogpost and posts on social networks(Twitter, LinkedIn etc.)!