Michael's Stock Market Forecast: You Get it First
Late last week, we told you that Money Map Press Chief Investment Strategist Keith Fitz-Gerald is predicting an 18,000 Dow by the middle of next year.
From the 15,888 the blue-chip index was trading at late yesterday, that target would represent a gain of 13.3% – a nice return given what stocks have already given us since the March 2009 market bottom. Add in some dividends and an 18,000 Dow will make for a very nice year.
And our tech-sector guru – Michael Robinson – is even more bullish.
On Monday – in one of the coast-to-coast discussions that Michael and I have each night – the Radical Technology Profits editor told me that he’s expecting the Standard & Poor’s 500 Index to advance 15% from current levels. The S&P – the broad index watched by the pros – is currently at 1,790, and Michael says it could trade as high as 2,060 to 2,100 sometime in the New Year.
And Michael made a strong case…