Yep its Disgusting but Big Names will Surge Again in 2020

2020년 1월 2일

Hypothesis: low interest rates; stable-ish economic data; accommodating Fed; Trump hyping Phase 2/3/4 trade deal and more QE will lead big tech names surging again in 2020 and part of 2021. With the trade 'war' at-least [now] neutralized, this will help keep these big names more stable than what we saw in 2019 and lead the broader market higher.

FNGU includes: Amazon, Google, Tesla, Netflix, Apple, Baba, Nvidea, Facebook, Bidu and Twitter. Not in this fund, but semis (i.e. AMD) and Microsoft will have a good year once again.

From the above list, as painful as it is, I am bullish on all these names (fundamentally and technically via charts), except for Google and Twitter where I am neutral to slightly bullish. I expect Amazon, Facebook and Apple to surge 20-30%, with 30-40% gains on the top Chinese players like Baba and Bidu.

The dark-horse this year will be Facebook where I could see it perhaps gaining 30 or 40% in 2020. Amazon will also have a very good year.

If you haven't realized it by now, we are certainly in a big bubble, especially in technology (again, like in 2000) AND it will continue into 2020; if Trump wins again which is likely, it will continue into 2021 before coming to an end BIG time somewhere in, near or at 2022 (Elliot Wave theory).

- zSplit

2020년 1월 3일

노트

01/03/2020 Pullback: Due to Middle East Tensions
- This is a healthy pullback and nothing more than a reason for oil to go up (which I predicted in mid 2019). Oil will go to 66+ and then 76+. Energy will be a top sector this year along big tech.
- No recession in 2020 despite people hyping it (and I'm not a perma-bull).
- This equity dip will be bought.
- Big names in this etf are still holding very well.