For Wednesday, Nov 09, the market forecast is for growth

We recommend any leveraged ETF that grows with the US market.

Here are some options:

2x Leveraged ETFs

NASDAQ 100

Russell 2000

S&P 500

QLD

UWM

SSO

3x Leveraged ETFs

NASDAQ 100

Russell 2000

S&P 500

TQQQ

URTY

UPRO

Technical Comment:

The S&P 500 rose again on Tuesday, gaining 1.2% on light volume.  Volume was a little higher than Monday but still much below the 30-day moving average.  To trigger the stop-loss algorithm in our automated forecast the S&P 500 would have to drop about 3.1% (39 points) on Wednesday.

Subjective Comment:

The light volume Tuesday marks three consecutive trading days of volume much below the 30-day moving average.  This seems interesting but not relevant to the overall market trends which continue to be dominated by downward pressure from the Eurozone debt crisis and upward pressure from the rapidly expanding US money supply.  The situation for US markets remains unchanged.  The US economy and markets are beginning another bubble-boom fueled by the rapidly expanding US money supply.  If current trends continue, the downward pressure from the Eurozone will be overwhelmed by the growth in Dollars.  Near term there remains the possibility of volatility, but the longer term will see US markets and price inflation grow significantly.

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