Trump and Coronavirus Pandemic Final US Catastrophe 2021
Politics / Coronavirus 2021 Jan 19, 2021 - 12:42 PM GMTBy: Nadeem_Walayat
The number of US daily covid deaths now exceeds 4000 as the US explodes into it's fourth higher covid peak prompting vaccine centres to now vaccinate anyone who walks through their doors given the slow roll out of the vaccines that currently numbers just 6.2 million doses administered against a target of about 30 million.
This video was an excerpt form the latest extensive analysis that concludes in a detailed trend forecast for US house prices.
US Housing Market Trend Forecast 2021, AI Stocks and Coronavirus Pandemic Finale Catastrophe
- UK Coronavirus Catastrophe at Start of 2021
- US Coronavirus Catastrophe at Start of 2021
- US House Prices Trend Forecast Review
- The Inflation Mega-trend QE4EVER
- US House Prices Trend Forecast 2021
- General Artificial Intelligence Was BORN in 2020!
- How AI will come to rule the world
- Intel Fights Back!
- AI Stocks at Start of 2021
The whole of which was first been made available to Patrons who support my work so immediate first access to ALL of my analysis and trend forecasts then do consider becoming a Patron by supporting my work for just $3 per month. https://www.patreon.com/Nadeem_Walayat.
Analysis Schedule :
My analysis schedule for the rest of January and into Mid February to include:
- UK house prices trend forecast
- Stock market trend forecast for 2021
- AI stocks buying levels update
- Bitcoin price trend forecast
- US Dollar and British Pound analysis
* UK Housing Market Trend Forecast 2021
Will the UK follow the US inflationary lead or has Brexit and Covid combined to press the pause button on the UK housing bull market for 2021?
* Stock Market Trend Forecast 2021
In respect of which how did my forecast at the start of the year for 2020 fair?
31st Dec 2019 - Stock Market Trend Forecast Outlook for 2020
Dow Stock Market 2020 Outlook Forecast Conclusion
Therefore my forecast conclusion is for the Dow to target a trend to between 30,750 and 31,000 by the end of 2020. For a likely gain of 8% to 9% for the year (on the last close of 28,642).
My series of 2020 stock market analysis will seek to map out multi-month detailed trend forecasts as was the case for 2019. With the first to be completed during January, going into which my expectations are for a correction early 2020. Which given my bullish outlook implies should prove to be a buying opportunity.
Here is how the Dow trended during 2020 and where it ended the year.
* AI Stocks Buying Levels for Q1 2021
If possible before the end of January 2021, if not early February.
* Bitcoin trend forecast 2021
Last two updates forecast conclusions -
17th Sept 2019 Bitcoin Price Analysis and Trend Forecast
Forecast Conclusion
Therefore my forecast conclusion is for the Bitcoin price to hold support at $9,400 in preparations for an assault on $12k, a break of which would target a break of $14k. However if support at $9.4k fails than Bitcoin could trade down as low as $6k BEFORE heading higher.
31st March 2020 - Coronavirus Parabolic Pandemic, Bitcoin Price Trend Forecast
Forecast Conclusion
My forecast conclusion is for the Bitcoin price to mark time by trading down to as low as $7,500 before basing for a run higher to resistance of $10,500 that 'should' break to propel the Bitcoin price towards the next resistance level of $12,000. Thus the bitcoin price could drift lower for the next couple of months or so before resuming a bullish trend as illustrated by this chart.
Your analyst wishing all my Patrons a happy and prosperous covid free 2021
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Nadeem Walayat
Copyright © 2005-2020 Marketoracle.co.uk (Market Oracle Ltd). All rights reserved.
Nadeem Walayat has over 30 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.
Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 1000 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk
Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.
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