A Recipe for a Huge Bull Market
There’s little chance of a crash right now.
The reason why is because the things that underpin the market are pointing higher.
Those things are future sales and earnings.
According to FactSet, earnings estimates hit their highest level of positive revisions in 16 years this quarter.
Broken down by sector, 10 of the 11 sectors recorded an increase in their earnings bottom-up estimates in January.
That means analysts covering nearly every sector of the market are saying that business conditions are incredibly strong right now for companies.
When you look at interest rates, they’re still low. When you consider how strong business conditions are, inflation is still tame. Globally, every major economy in the world is growing.
Business conditions worldwide haven’t been so good in decades.
Strong earnings, low interest rates, tame inflation and global growth is a recipe for a huge bull market.
Is This the Next Stock Market Crash?
This is what I believe is going to happen.
If you’re a regular reader of my articles, you know that I believe the Dow Jones Industrial Average is going to hit 50,000 and then go higher .
I’ve been saying this since early 2016.
Now, the stock market may go down some more. However, it’ll go back up, and then keep going up.
The bottom line, there is no stock market crash coming.
Yes, no question, seeing your stocks go down is painful.
However, this much I know from 25 years of investment experience: You’ll never make the big money, hundreds of percent in gains and even thousands of percent in gains, unless you press through times like this.
It’s Time to Buy
Now, if you’ve got money sitting in cash, and you want to avoid FOMO when the market keeps going up … you should go ahead and start buying.
These are the stocks I focus on because these stocks have the greatest growth potential. And I believe they will give you the biggest gains as this bull market for stocks continues.
Editor, Profits Unlimited
I’ve been investing for more than 25 years. I started my career on Wall Street in 1991 as an assistant portfolio manager at Bankers Trust. I quickly advanced to prominent positions at Deutsche Bank and ING, managing multimillion-dollar accounts. In 2006, the owners of a $6 billion firm named Kinetics Asset Management recruited me to manage their hedge fund.