When it comes to informing you of potential market moves, WPTV couldn’t think of anyone better qualified than myself.
I’ve made a career out of successfully maneuvering unpredictable market conditions. This week, I joined WPTV to cover the first trading quarter of 2021, how things are shaping up and how some of the investment opportunities I’m predicting will present themselves in the upcoming quarter.
I think the promise of another stimulus is one of the major factors running the stock market right now — Wall Street loves the equity it brings, it’s driving stocks higher, bonds are breaking down and 85% of earnings have been better than expected.
However, I’ve discovered that market internals — the factors that help determine when the market is going to turn — are extremely overextended right now. Momentum levels are at an 11-year high and earnings calculations are at historic highs.
The bottom line is that there are a lot of factors pointing toward the stock market soon entering the danger zone…
Do you know what this could mean for your future investments?