Sunday, 12 April 2020

Stock market rally to continue...YES!

US stock market is showing relative  better performance compared to other world stock market..

Reasons are many......

Stock market predicts six months ahead.....

US is taking fighting Covid-19 very seriously....

New York has shown real leadership in its fight to deal and contain infection.

Covid-19 is tapering worldwide.....

Most countries are ready to open their economies as early as Monday the 13th April, 2020

US getting green light to open up from May 1st, 2020

Sweden never closed anything except common sense approach of avoiding crowd of more than 50 and monitoring and containment of Senior citizens, Schools & Factories were open...they have lowest number of infection and death in the world.

From doom and gloom to hope stage have taken over worldwide......

Most countries will amend how they operate their daily business.....

OPEC plus has a deal of 15 million barrel cut in production....it took 3 days but it is all done and agreed upon.....

Cannot hope for better turn of event for coming week......

Market should rally 1000+++ points on Monday.....

All the bears will jump in and claim they had the right call......

Serious inflow of funds in equities......

Exposure should be in maximum......

Oil stocks / ETF / 3X bull should outperform.....reason....oil is @ low of the year / decade / 20 years based on Friday's close......

All in all ...happy day's are here!

Good luck with your own thesis and comfort level.

BLOG does NOT give buy or sell.

Saleem

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