Tuesday, January 02, 2007
2007 Preview - Part I
Looking into 2007, the market went nuts last year. Big company growth is predicted to slow and companies have an influx of cash right now. Look for a frenzy of mergers and acquisitions to continue throughout this year. M&A will slow down in the 1st quarter but pick back up through the 2nd and 3rd quarters.
Rough numbers, DJIA +16%, S&P +12% and Nasdaq +8%
My retirement, that I control, +25% I had a good year. My goal is to double the 3-market average each year. Later I will give a rundown of what I bought/sold throughout last year and how I did. No short sells, no margin trading.
As for this year....
My preditions are for growth stocks to tumble. Some housing stocks will rebound, most likely building materials, not home builders. Communications will flourish as will lower growth, more stable revenue generators.
More later including my '07 picks.
Rough numbers, DJIA +16%, S&P +12% and Nasdaq +8%
My retirement, that I control, +25% I had a good year. My goal is to double the 3-market average each year. Later I will give a rundown of what I bought/sold throughout last year and how I did. No short sells, no margin trading.
As for this year....
My preditions are for growth stocks to tumble. Some housing stocks will rebound, most likely building materials, not home builders. Communications will flourish as will lower growth, more stable revenue generators.
More later including my '07 picks.
