NASDAQ/RUT up 10+% in 6 months, One stock to come soon.
NASDAQ and RUT broke to new high today, it is very likely that SP500 and DJIA will follow. Once that is confirmed, I believe NASDAQ/RUT has at least 10% on the upside in the next couple months.
People are simply realizing that 0.5% in money market is not worth it, and whoever bought T-bonds in the pervious two months are losing money. Big drop in bond prices will supply money for the rally, this is actually one of the safest time to buy stocks. However, selective buying is the key because any pull back can generate big loss if wrong stocks are bought/hold.
My large holdings are ALVR, EONC, AIRN and DUSA. It is very hard to find deeply under valued stocks now, but one is coming on the way, waiting for the last technical parameter for confirmation, probably tomorrow night. This one has potential of going up 50-100% in the next 12 months. My two year performance is up 150%, no margin, no options, just long/short US common stocks. |
