Tuesday, July 28, 2009

2010 Stock Market Predictions

I have been known to make predictions, and although I dislike leading people in an y direction, I am doing this for fun only. Please do not follow me, rather make your own personal choice while investing in the stock market. If you search my past predictions, you would see I predicted back in March, when everyone was panicking that the Dow would be at 9000 sometime in July. I also predicted the bottom of the market the day that it hit the bottom in the low 6000's Most of my predictions are just gut instincts, and really probably should not be used as an investing guideline, however Here I go with just a few more.

2010 Stock Market Predictions. (Prices predicted at the start of 2010)

Dow - 10650
We have just over 5 months before the beginning of 2010. The recession will likely be announced over sometime before the end of this year, and we may see the unemployment rate begin to ease. Stocks are still undervalued compared to their future profit potential. I think as long as there are no major snags along the way, 10,650 is a pretty good spot for the Dow to be trading at. That's almost a 20% gain from today's prices.

Google (Goog) - $550
I still love Google. The internet continues to grow, and the mobile internet continues to explode. Google has it's hands surrounding both. Internet ad revenue should continue to grow at a huge rate, and Googles new Wave could bring in a ton of users worldwide. Google should slightly out perform the market over the next 5 months leading to 2010.

Bank of America (BAC) - $23
Bank of America, although they have their share of issues, is a very strong company that should easily have explosive profit growth once the recession is over and things pick back up. The acquisition of Merrill will certainly help them in this once things settle. The housing market is clearly thawing out, and the bank will be the ones to benefit from this. A 80% gain in the next 5 months may seem extraordinary, but if you look at how far this stock has fallen it really isn't.

CD Interest Rates

If you are like me, you may have some cash you have that you like to keep free. I usually do this with no-penalty Certificates of Deposits. Having said this, the rates have been under 2% as of late. I think that starting in 2010, rates should begin increasing. By the end of 2010 a 4-5% CD will likely become available. To start 2010, I am guessing maybe 2.5-3% CD's will be available.

Like I said, take these predictions with a grain of salt. Follow your own stock market lead, not mine.

17 comments:

Nanu said...

HEY
THATS TERRIFFIC PREDICTION I WAITED FOR THE DOW IN THE FIRST WEEK OF 2010
GREAT WORK
WILL FOLLOW U
WHATS UP FOR THE REST OF THE YEAR

kathryn said...

I am really enjoying reading your well written articles. It looks like you spend a lot of effort and time on your blog. I have bookmarked it and I am looking forward to reading new articles. Keep up the good work!


investment

Nifty direct said...

I really love and appreciate your blog.I got some good and effective strategies from this blog. you have explained and written in very good manner.I think you should share your blog on femous websites and you have good knowledge to write a nice blog
Thanks for creating the nice blog
intraday

Easy Stock Basics said...

very nice.. thankyou.
Stock Market Basics

richad said...

A stocks market is a public market (a loose network of economic transactions, not a physical facility or discrete entity) for the trading of company stocks (share) and derivatives at an agreed price; these are securities listed on a stock market as well as those only traded privately.

sandra said...
This comment has been removed by the author.
xavier said...

The prediction of google for me was the most clear and reliable because all of us know the power this company has, so I think one prediction is missing here because buy viagra is a perfect method people have found to satisfy their needs, I think this is one of the most important.

Nirman broking said...

Thanks so much for this! I haven't been this moved by a blog for a long time! You’ve got it, whatever that means in blogging. Anyway, You are definitely someone that has something to say that people need to hear. Keep up the good work. Keep on inspiring the people!
regards:
Stock Market

ShareTipsInfo said...

Nice blog would like to add that NSE and BSE are one of the most superior stock exchanges of India. If you wish to earn good money from the share market then you need to understand the functionality of the stock market properly.

Indian stock market offers lot of earning opportunities still many less traders earn from it. Now the question is who earns from the share trading? To be honest only those who rely on stock research as no one can earn big by speculating in the market.

Regards
SHARETIPSINFO TEAM

andria said...

Individual companies can think of a number of issues when developing their own work-life policy frameworks. These may include general purpose and mission of the company, the type of employees you want to attract, and existing regulations. Some companies may look ahead to proposals to amend the legislation or introduce new policies, and can improve flexibility in its policies to anticipate these changes. More generous policies may be more costly to administer, but may result in greater productivity and satisfaction, and therefore can pay for themselves.
Http://www.wisegeek.com/what-is-a-work-life-policy.htm Share on Twitter
The URL has been shared http://www.wisegeek.com/what-is-a-work-life-policy.htm 4 times.View these Tweets.


eco friendly

brijesh said...

Nice post thanks for this.I always search such type of topics.Thanks for sharing this information.

lijia said...

Just want to say your article is as amazing. The clearness in your post is simply cool.
-------------
stocks and etfs

Keynote Capitals Ltd. said...

I am delighted that I came upon this blog, I could India share Market not discover any information on this topic prior to visiting your post. Thanks God I came across on this blog and found the relevant information.

porta said...

hello

i have never thinking about al these kind of stuff but i really appriciate to all the reader of this blog because they all have great mind to think about this major topic in financial field thanks to share thier expirances with us.





Depository trust & clearing corporation

stock tips said...

Nice piece of work, the article is arrange in very good manner, I loved the way it is written. It stands apart from the crowd owing to the matchless taste Keep it up.
Stock Tips

Aarav Sharma said...

I should be able to understand the concept outlined by this new game onward and I think we can see enough space around us. I am sure this is something we can do about it too.
Discount stock broker

aditi said...

Very impressive post. Got useful updates here. I am share market investor and always rely on best stock tips while trading. Till now my this strategy is helping me to earn good profit.I always satisfy my investment goals by doing so.

Post a Comment