Michael Kramer and the Clients of Mott Capital own AAPL and TSLA
Here is a summary of the 10 Monster Prediction for 2019 with the links below to read the full article. Enjoy.
10 Monster Stock Market Predictions for 2019
Prediction #10: The Fed Will Not Raise Rates In 2019 – With the economy flashing signs of a slowdown and the stock market on shaky ground the Fed holds off on raising rates in 2019.
Prediction #9 – Banks will be the worst performing sector of 2019– When I wrote this prediction in early December the banks were higher than they are on December 31. The XLF Financial ETF had fallen by as much as 14% since the beginning of December.
Prediction #8 – The U.S. 10 Year Treasury Yield Falls to 2.3% in 2019 – Rates have fallen to 2.7% on the 10-Year, and they may still have further to decline in 2019
Prediction #7 – The U.S. Dollar Will Weaken in 2019– With the Fed on hold and rates falling, it only makes sense that dollar weakens.
Prediction #6 – The Price of Oil Will Surge 50% On Weaker Dollar in 2019– Oil has been smashed in 2018, and a weaker dollar likely means that oil should rebound.
Prediction #5 – Tesla’s Stock Rises 50% to $500 in 2019 – This is something one can hope for, but the path will not be an easy one.
Prediction #4 – Amazon’s Stock Roars Back To Life In 2019 – Amazon has fallen hard as part of the broader market sell-off and a 25% rebound doesn’t seem crazy.
Prediction #3 – Apple is The Comeback Stock of 2019 and Rises 70% – It sounds crazy, but Apple’s stock peaked at around a price of $232. A 70% increase from its current price of about $158 on December 31 gets the stock to around $265. Yeah, that is how far the stock dropped in 2018.
Prediction #2 – U.S. and China Settle their Trade Dispute– This would be a very big positive for the stock market.
Prediction #1 – The S&P 500 Rises 20% to 3,000 in 2019 – Obviously we need many of the prior guesses to go right to get this one to happen. But hey, it is not crazy.
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