Despite everyone predicting some epic crash in 2020 just because of short-term US-Iran noise, the reality is, while nothing is for certain in the markets, an early Q1 2020 short was as close to inevitable as the word inevitable can define. In reality, there will be continuous solid gains over the broad markets and many markets around the world (especially China) in 2020, and likely through a good portion of 2021. As I have said in many of my ideas already, once we move through 2021 investors should begin to be very weary.
I am extremely bullish again on major US tech, especially: Facebook, Google and Amazon. Apple's run will also continue steadily in 2020 although not at the voraciousness as in 2019.
In my opinion Facebook will be the 'hated' dark-horse in 2020 with a reasonable potential to hit 275 this year, with some possibility of even hitting $300.
TP by end of 2020: $275-300.
- zSplit