What are peoples’ outlook for the stock market for the first half of this year?
（What do people think the stock market is going to do for the next few months? Does anyone think that the stock market is a little bit overvalued right now? Does anyone think that the stock market could come down a few percent or so, in the next few months? Or do people think that it will continue to grow like it did in 2006?）
Answer ：
I think the market is undervalued!
2006 and the start of 2007 stock values lagged behind Earnings growth. P/Es continue to contract. this will soon end as we enter the final stage of the great babyboom BOOM!
By July I expect the DOW to be over 13,000, NASDAQ over 2600 and S&P500 1550.
I do not expect this BULL run to end until 2010!
Posted: July 26th, 2010 under US Stock Market.
Tags: the stock market