The Trend is Up…For Now

Jordan Kimmel |

As we come to year end, it is time to look ahead to 2015. In 2014, in the US, we had yet another terrific year for the market indexes, another year with near 0% interest rates, further economic expansion, a revival in manufacturing, and more new jobs. We also had a free fall in commodities, riots in the streets, an Ebola scare, and worldwide recession scares to deal with. Yet the trend is still up, just like it has been since March, 2009. The party is on, the music is actually getting louder- get ready-it almost feels like we are almost ready to go over the Wall of Worry!



As Investview’s Chief Investment Officer, it is time to try on set price targets for 2015. I remind everyone, pay more attention to the market and your portfolio than any forecasts. When I looked at the long term charts of the S&P 500 and Dow Jones 30, it was a little scary. For the last few years, I have been consistently bullish. The low interest rates, the absolute disbelief in the bull market by retail investors, and the fact that there were slews of Magnet® Stocks that looked great, it has been the right move the buy on each pullback. And yes, the trend is still up….but…realize Bull Markets eventually run their course.

I expect to see another six months of stronger than expected gains to start the year. However, long term charts are indeed scary right now. When will the 10% correction finally come? When will the next true bear market come? My guess is we see Dow 20,000 and NASDAQ 5000 in 2015- that is not far from these levels! We’ll see- for now enjoy the best time of the year- and at least keep our eyes on the exit doors.

Happy and Healthy Holidays & Profitable 2015!

By Jordan Kimmel, Chief Investment Officer at Investview, Inc. (INVU)

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

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