Hello traders everywhere! Adam Hewison here, President of INO.com and co-creator of MarketClub, with your market Outlook for 2014.
Well, here it is 2014, and I would like to wish all of our members, friends and traders around the world a very happy and prosperous new year.
Let's start with the indices which had a spectacular year in 2013, in fact, it was their best year since the mid-90s. Are we likely to see those same returns in 2014? I seriously doubt the indices are going to see double digit growth like they experienced last year. What I do expect to see are much more volatile markets as the Fed begins to extricate itself from its grand experiment. It certainly is not clear to anyone that we are going to get out of this "grand experiment" without any pain. You look at a stock like Netflix (NASDAQ:NFLX), which was certainly the star performer last year managing a gain of 296% for the year, can that continue?
According to a recent poll our blog at least a 50% of the voters expected the trend to continue in 2013. I'm not so convinced, but I would like to see what the Trade Triangles say and go with that strategy in 2014. Continue reading "It's 2014, Now What?"
