December 27, 2014

forecast

I see this stock rally, at the very latest, lasting into mid-March of next year and I see the Dow hitting as high as 19,000. The key sign of the final peak would be a rebound in oil and a final “risk-on” rally in commodities, gold and stocks. If oil gets back into the $70s that would be the time to start selling stocks and all risk-on financial assets.
-Harry Dent

US elections historical trends:
1 year before - strongest
election year - neutral
1 year after - weakest