Friday, October 2, 2015

Markets. Change of Blog Strategy!

Dear Reader,

I am changing the strategy of by blog a bit. I am going to post once a month, but the post will be longer and will contain more information.

That said, I still believe major US indices will post 5-8% gains in 2015. That said it becomes obvious that buying the dip at these levels should prove handsomely profitable.

I believe Europe's major stock indices(FTSE, DAX, CAC, MIB) will post 5-8% gains in 2015. Here, again, buying the dip should prove profitable.

I believe the German 10 year bund yield will reach 1.00% in 2015. The 10 year US treasury yield should touch 2.7%. I believe the Federal reserve will raise the Federal Funds Rate by 0.25% in December 2015.

I believe the following tech stocks are undervalued: Microsoft, Google, Apple, Twitter, LinkedIn, FitBit, Gopro. I believe Facebook is fully valued.

I believe WTI oil will rise to 65 USD in 2015. So buying the global oil majors like Chevron, ConocoPhillips, Exxon Mobil, BP, Shell, Total should prove profitable at these levels.

I believe gold will fall to 800 USD in 2-3 years, so gold mining stocks are still overvalued.

Other industrial metals are close to a bottom.



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.)!