What are investors and traders in for this year?
The oil patch, Hillary Clinton, market volatility and direction, top stocks, and, of course, The Donald…
These were among the subjects pondered (and, at times, hotly debated) today in a panel discussion at the Investor’s Blueprint Live conference in Delray Beach, Florida.
Moderators John Hutchinson and David Durham peppered four panelists—trading and investing experts Michael Shulman, Jamie Dlugosch, Jim Woods and Jon Lewis—with questions throughout the 90-minute morning session.
While the experts approached the markets at quite different perspectives, they agreed on many points. But, to no surprise, they didn’t see eye-to-eye on everything.
Some key takeaways:
- The fear factor is on everyone’s minds and will should continue to weigh on markets for much of the year.
- The presidential election: Wall Street will cotton to Hillary Clinton if she wins. Donald Trump, not so much—though Dlugosch and Woods both contend that a Trump victory in November would actually boost the market. Bernie Sanders, not at all.
- Volatility has been high and will likely remain so at least until the identity of our next president becomes clear, presumably in November. But exogenous events, such as continued or new troubles in China or the oil patch, could still bring more unpleasant surprises.
- Investors and traders should keep their powder dry in order to pounce on screaming deals when they become available during market drops.
- Whether the market goes up, down or sideways, there’s always a strategy to make money off any particular trend. Find the strategy that best suits you, your money, and your investing or trading style.
- You can make money no matter where the markets go.
- Keep eye on daily volumes in the markets, especially if you’re of the technical persuasion. Look for higher volume on buying days, which hasn’t been the trend.
At the end of the session, the experts gave their predictions about where the S&P will stand by year’s end, and which stock will be the best performer of all.
Here’s the breakdown…
- Shulman: S&P will close the year “close to an all-time high” at 2,076. Best stock for 2016: Cheniere Energy (LNG).
- Lewis: S&P 2,000. Best stock: Tesla (TSLA).
Though prognostications varied, the diverse group of experts made it clear that, regardless of market shenanigans, 2016 holds great promise for investors and traders—if they know where to look, and follow strong strategies.
You can get access to the Investors’ Blueprint Live recordings for 60% off the price.
Spend less money today so you can make more money tomorrow… that’s smarter investing.
You’ll learn from top experts, including Michael Shulman, Jim Woods, Jamie Dlugosch, Jon Lewis and special Keynote Guest, Tom Essaye. Together, that’s over 100 years of real trading expertise to guide you.
Every workshop recording is a step-by-step training program which gives you an immediate headstart on using the strategies or tactics that fit your investing style.