Bullish Start To The Week?

Stock markets are likely to start the four day week bullish

All Eyes on Wall Street:

All eyes on Wall Street are poised and ready for more stock market bullishness, after a positive week for equity markets and a long weekend.  Last week’s market gains were largely driven by Janet Yellen’s Fed-UP energy, and the bulls definitely appear ready to charge moving forward.  And, investors have nearly erased all of January’s declines for the stock market, specifically in the S&P 500 (SPY).  Additionally, investors will have the Empire State Index report released at 8:30 AM EST and a Homebuilders Index report at 10:00 AM EST to add to any sentiment the day takes on.

Hindsight is a Beach and We’re Playing on It:

Our last prediction was wrong, and hopefully today we are right.  And on Friday (we were prediction free), the S&P 500 (SPY) rose .48%, the Dow Jones Industrial Average (DIA) rose .79%, and the NASDAQ 100 (QQQ) rose .08%.  I do not care where stock markets go, just as long as we are right!!

Your Stock Market Predictions for February 17th, 2014:

I predict an up day for stock markets, as the bulls appear to be in complete control.  Go bullish!

Exchange Traded Fun:

Long 1X S&P 500 ETF: SPY

Long 2X S&P 500 ETF: SSO

Long 3X S&P 500 ETF: UPRO

Long 1X Dow Jones Industrial Average ETF: DIA

Long 2X Dow Jones Industrial Average ETF: DDM

Long 3X Dow Jones Industrial Average ETF: UDOW

Long 1X NASDAQ 100 ETF: QQQ

Long 2X NASDAQ 100 ETF: QLD

Long 3X NASDAQ 100 ETF: TQQQ

The Long and Short of It:

I predict a long day today, the bulls are in charge.

This stock market forecast is for educational and informational purposes only.  It is not intended to be investment advice nor an investment recommendation.  Past performance is no guarantee of or indication of future performance and your performance may vary widely from any that may be indicated in this column. There is risk of loss in all investing and trading activities and you should consult your financial adviser before making any investment decisions.

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