Analysts seem to be questioning the market's ability to continue to set new highs

Jay Soloff

Analysts seem to be questioning the market's ability to continue to set new highs. After all, US equities have been in a bull market basically since 2009. The S&P 500 is already up over 28% for the year - over 35% if you take the last 52-week period. As equity valuations climb into what appears to be overbought territory, a variety of analysts have been making noise about a looming selloff in stocks. Nevertheless, investors don't appear to be worried. The VIX is trading at just over 12, and not far off of its 52-week lows, suggesting the overall investor fear level is at a minimum. I see only two realistic scenarios which could derail the rally over the next couple months - Fed tapering and political deadlock over the budget. In either case, I don't see anything happening in the near future.

Jay Soloff

I'm an investments analyst for a US-based independent investment research firm. My focus is on economics, options, and all types of stocks, but especially tech, Internet, and renewable energy companies. I have experience as a options market...


No areas of expertise

equities us bull market


Please sign in to comment on this wire.
Medium 0 5fq3tiu9tgwnb 3vb7ktteu6kzfrwl3vfahytedn7orinz9sddxdfhmzyv7xhnh9k290mf1c4cmt

Hock Meng Tay

Agree. US stock markets are now in multi-year highs. 10-year Treasury yields are hovering close to 3.0 percent. 30-year mortgage rates are expected to head higher. The US housing market could also be heading to a slowdown. 2014 could be another slow year according to the IMF, World Bank. Agree with you analysis.

Join the conversation