Home 2021 “This Bull market does not look overbought…”

“This Bull market does not look overbought…”

by Paul Ebeling

#Investors #BullMarket #earnings #rally


This Bull market does not look overbought in here” — Paul Ebeling

Analyst and investors see several parts of this market, including financials, leisure & hospitality stocks and energy with strong rally potential into Y 2021.

Investors looking for a continued rally are optimistic of a rebound in corporate earnings.

Earnings are going to be used as a confirmation of current pricing.

S&P 500 company earnings are forecast to increase about 23% in Y 2021 compared with Y 2020.

We expect last year’s laggards to join the rally in Y 2021 in a broader rally, with a strong showing by value stocks, shares of small caps and non-US listed stocks.

And growth companies with dominant and emerging business models that can continue to meet or exceed shareholder expectations will continue to participate.

Have a healthy Happy Holiday weekend, Keep the Faith!

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