Disclaimer:

Disclaimer: The blog posts and comments on this blog and posts on social networks are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is". The blog is stocks analysis and valuation, Bitcoin, Cryptocurrencies, Artificial Intelligence, AI, deep-learning focused. Independent, unbiased AI insights. Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blog posts on this blog and posts on social networks. Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blog post and posts on social networks! The blog is property of Wolfteam Ltd. www.wolfteamedge.com Respectfully yours, Petar Posledovich

Tuesday, February 2, 2016

Bear Market in Stocks in 2016!


Dear Reader,

Global stocks went down since the beginning of 2016.

I forecast that US stocks will go into a bear market in 2016 as measured by a larger than 20% fall from the peak in the main indices DJIA, S&P500 and Nasdaq Composite. Then, there will be a buying opportunity especially in technology value stocks like Microsoft, Intel, Qualcomm and value banking stocks like Citigroup, Bank of America, JPMorgan, Goldman Sachs and Morgan Stanley.

EUR/USD to reach parity(1.00) in 2016. USD/YEN to fall to 110 despite the Federal Reserve tightening mode.

Oil to bottom out at 30 USD and reach 60 USD by the end of 2016. Gold to fall below 900 USD in 2016.

I expect the Federal Reserve to hike the Federal Funds Rate at least 3 times in 2016. I expect the 10 year US treasury yield to reach 2.70% in 2016. I forecast the yield on the German 10 year bund to reach 1.00% in 2016.

The European Central Bank will again disappoint investors in its march meeting by only lowering the deposit facility rate to -0.40.


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.)!

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