{"id":611577,"date":"2018-01-02T21:38:09","date_gmt":"2018-01-02T21:38:09","guid":{"rendered":"http:\/\/juniorminingnews.com\/?p=611577"},"modified":"2018-01-02T21:38:09","modified_gmt":"2018-01-02T21:38:09","slug":"five-major-predictions-for-2018-2","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=611577","title":{"rendered":"Five Major Predictions for 2018"},"content":{"rendered":"
<\/a><\/div>\n

By Alan Knuckman<\/a><\/span> <\/p>\n

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This post Five Major Predictions for 2018 appeared first on Daily Reckoning.<\/p>\n

Happy New Year!<\/p>\n

It’s time to welcome in a brand new trading season. As a 25-year trading floor veteran I know what that means\u2026<\/p>\n

Everyone, and I mean EVERYONE always wants to know what I’m hearing on the floor. People want to know the must-have stocks for 2018\u2026and the must-follow sectors.<\/p>\n

So I’ll cut to the chase and spill the beans right here. Consider this your 2018 \u201cinsiders\u201d trade briefing\u2026<\/p>\n

If we haven’t met before, allow me to introduce myself.<\/p>\n

My name is Alan Knuckman. Like I said, I’ve spent the last 25 years on the trading floor. Starting in 1991, I worked my way up the ranks from being a runner, phone clerk and broker\u2026<\/p>\n

All the way up to becoming a professional trader and a member of the Chicago Board of Trade.<\/p>\n

Today, some folks at home might even recognize me from one of my appearances on Bloomberg, CNBC, CNN or Fox News.<\/p>\n

But more importantly, 2017 was a fantastic year for traders. For instance, one of the premium research services I publish, The 42 Day Retirement Plan, went an astounding 11 for 11 on closed trades in 2017.<\/p>\n

Those are serious results, if I do say so myself. And you know what’s really crazy? I think 2018 could be even hotter\u2026<\/p>\n

So let me to share a few of my 2018 predictions with you today. Let’s get to it\u2026<\/p>\n

2018 Prediction #1 \u2014 The Dow Will Reach 30,000<\/p>\n

That’s right, I expect the second longest bull market in history to continue into this new year. I know you’re constantly hearing talk of a bubble, but I think much of that fear is mislaid.<\/p>\n

The Dow Jones Industrial Index is now within 21% of the 30,000 milestone which is very achievable after returning 25% in 2017.<\/p>\n

With earnings season on the horizon, it won’t be long before the Dow trades through that level. In fact, the last two earnings seasons have produced historically high numbers and I expect the figures announced this month to be even higher due to the projections that include the new tax law.<\/p>\n

So don’t take yourself out of the game now, this bull market has still got legs.<\/p>\n

Because the Dow is a price weighted index, look for high priced (but low valued) stocks to get us to that $30,000 mark. One that I have my eye on right now is Goldman Sachs (GS).<\/p>\n

Remember, any bearish market predictions have been squashed since 2009. And here in 2018 there’s no reason to \u201cgo out on a limb\u201d and call a top. The trend is moving higher\u2026keep on profiting while it does!<\/p>\n

2018 Prediction #2 \u2014 Mergers and Acquisitions (M&A) Will Heat Up<\/p>\n

In December alone\u2026<\/p>\n

Disney acquired major assets from 21st Century Fox<\/p>\n

Campbell Soup bought snack-maker Snyder’s-Lance Inc.<\/p>\n

Boeing announced they’re in talks to acquire Brazilian rival Embraer<\/p>\n

And Penn National Gaming bought Pinnacle Entertainment<\/p>\n

Along with many other major deals.<\/p>\n

This is an extremely healthy sign for the market. It tells us that companies do not believe there \u2026read more<\/a> <\/p>\n

Source:: Daily Reckoning feed<\/a><\/p>\n

The post Five Major Predictions for 2018<\/a><\/a> appeared first on Junior Mining Analyst<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

By Alan Knuckman This post Five Major Predictions for 2018 appeared first on Daily Reckoning. Happy New Year! It’s time to welcome in a brand new trading season. As a 25-year trading floor veteran I know what that means\u2026 Everyone, and I mean EVERYONE always wants to know what I’m hearing on the floor. People […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[4],"tags":[],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/611577"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=611577"}],"version-history":[{"count":0,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/611577\/revisions"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=611577"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=611577"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=611577"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}