StrathCapital

S&P500 To New Highs

Long
SPCFD:SPX   S&P 500 Index
We had another good week and the S&P500 is now 10,7% up YTD. Regarding the week ahead, it does not have a bad outlook.
- In the worst scenario it will be a period of consolidation

- Trade talks between US & China and Brexit remain a concern for traders
- Both have deadlines in March and outcomes are expected to be positive which will boost the equity markets

- 3 main variables to bear in mind:
- Trade talks between US and China are expected to keep progressing
- Brexit will be extended to reach a better negotiation and the markets are getting used to it
- US Government Shutdown is forecasted to disappear soon

Unless something bad occurs to these variables market should keep the bullish trend .

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