NEW YORK (Reuters) - U.S. stocks closed 2020 on a rise, and many people are betting the party will start after this crazy year that marked both the end of the longest bull market and the biggest-lived bear market ever.
The future seems good, there a Vacinne on the way but we still have Covid-19 cases on the rise and so no-one really knows what will happen in the market but we are here to tell you.
U.S. stock market's rally over the last two months may have taken even bulls by surprise. A late November poll found strategists expected the S&P 500 to end 2021 at nearlly 4k, which would be another annual rise after the index rose about 16% this year to 3,700.
Still some danger accrue while some stocks get too much high value per money making - for example Tesla that rose 700% and we ask where it will go next ? because this rate it have to bring earnings of more then 1.3 dollar but we don't think it will get to that point even close also we don't think the revenue will be close to 70B$ But the stock still went up. this is some times this can be a big mistake, and lets ask why it is 0 stock dividend, yes because the investors is not the issue and money generation is not sometimes the right thinking of the CEO.
A big change in oil market! never seen stocks like OXY, CVX, XOM, APA and more rating so cheap and we can see that this giants with Billions of money in oil will return, even if they return 80% it will be pure win not only with stock value but also with good dividend that you can live with.