S&P 500 above 1400 in February 2013

Hello FPO readers,

FPO has been analyzing whether or not the S&P 500 will be above 1400 this upcoming February.  At this point, Financial Place Online has determined that it is best to keep with a long position in the S&P 500.  Despite some slowdown in big players like Apple, market sentiment appears to be high; at least higher than usual.  In addition, the anticipated settlement in the political front and the policy ease will keep the S&P 500 at above 1400 levels. The fools club stocks (worth looking up) and NASDAQ  are also expected to gain and perform well this upcoming year based on the 100 year old data and history.  A favorite resource for gaining a “chartist’s” perspective on this is http://www.forecast-chart.com/index-sp-500.html.  Keep in mind that chartology should not be the sole determinant of one’s investing theory.  It is recommended to apply it as a weighted factor along with many others, including at the time risk tolerance, and the volatility index.

 

About Steve @ FPO
Hello FPO readers, I have been writing on financial topics for about 12 years now, but I have only recently reignited the fire of publishing online. I have to say, its good to be back. I am an electrical engineer by trade who enjoys all topics engineering and financial. I started Financial Place Online (FPO) to create a value added financial news and education website that would provide a refreshing daily financial read. Financial Place Online websites are built around the principles of consumer empowerment, leveling the playing field, zero spam tolerance, and none of those annoying sidebar or banner ads. For us, it's all about enjoying a good read.

One Response to S&P 500 above 1400 in February 2013

  1. Pingback: February 2013 S&P 500 Forecast Results « Financial Place Online

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