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The Chartman

Will Market Rout Create Buying Opportunities?

By The ChartmanFOXBusiness

1. Dow 15,000?

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Boy, Friday sure didn’t do us any favors, and it now appears the rout it on. Of course, “routs” often turn on a dime and become “buying opportunities.” This time, maybe not so much, so I’ll go out on a limb and forecast Dow 15,000 before we see any significant bounce.

2. Alphabet (GOOG)


Is it time to start looking at the go-go stocks of 2015? We’re getting close, but not yet. Alphabet (NASDAQ:GOOG), for example, still needs to drop a bit more.

3. Utilities


Need a place to hide? Take a look at utility stocks.

Back next week to look for brighter skies.

What do you think?

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