The Week Ahead in the Stock Market
Where to Now and How to Succeed?
The Facts at the Present Time"Success is simple. Do what's right, the right way, at the right time."
Last week, despite a win on Friday, saw the blue-chip barometer snap its four-week winning streak, while the S&P 500 Index (SPX) and Nasdaq Composite (COMP) logged their first weekly deficits since late January.
The current boom cycle has been going on for 8 years. And in that time, the S&P has gained more than 255% from its low on March 6th, 2009 to its close on Feb 28th, 2017.
Looking at the fundamental and technical information that is available, it becomes clear that the economy, in tandem with the stock market, is preparing for a new run up to higher highs. Seeing as the GDP is sitting at 1.9%, with inflation just creeping above the 2.0% mark; and interest rates maintaining historic lows; a stronger uptrend, which should result in new all-time highs, looks very promising.
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