US Technology Stocks, Emerging Markets Stocks!

Dear Reader,


US stocks continue to go up. The large US technology companies Apple, Google, Microsoft, Amazon, Facebook drive the market higher. They are set to continue to go higher driven by smartphone demand and artificial intelligence.

The larger US technology sector is also doing well. Private companies are raising astounding amounts of money. The money for startups is abundant driven by the low interest rate environment and the party is set to continue, at least in the next two three years.

US WTI and Brent oil is stuck in a range, but the risks are to the downside. US fracking companies are liking the higher prices and the conventional oil drillers(OPEC primarily) are bleeding and losing market share. The swing producer is now the US shale industry. US WTI oil could fall below 40 USD in the next few months.

Russia's economy is slowly improving and being restructured. The regulators in China are trying to get the air(leverage) out of the securities markets and this is stifling the growth of Chinese stocks's prices. India stocks look good, since the economy is growing strong.

The US stock market could correct by 10% measured by the main indices, but I think US stocks will recover, barring any financial shock.



Disclaimer: The blogposts and comments on this blog and posts on social networks(Twitter, LinkedIn etc.) 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 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.)!


Kind regards,
Petar Posledovich