US Major Indices Resiliency 1st Quarter 2018

With US equities corresponding major indices reflecting continued overall strength entering 2018 with record highs can only get better ahead; of course not without a few blips of corrections along the way. The DOW's record at 24,922.68 would well be on its way breaching 25000, while the SP500 ever closer to reaching the 3000 mark would not be discounted. As the NASDAQ already surpassed the 7000 mark; it would be quite difficult to go against what we already know as a 'reinforced trend'

Nay-Sayers have been quiet lately seeing where prices are at. But some analyst still refuses to acknowledge while calling for a corrective move up until today. True enough there will always be some sort of corrective price declines, but rather incremental double digits sum total may well be spread over a three month period.

We do not expect any real and dangerous rapid declines similar to what BITCOIN have experienced 'Post CME Bitcoin futures launch'; just a matter of price move comparison. That is a totally different story as the bigger CME group have joined forces to tame the bull ran of bitcoin which we would discuss in a separate market insight. 

This market insight has everything to do with how the USD would perform on the 1st quarter 2018. As the surrounding factors for the USD's limited price recovery would probably jump start towards the 2nd quarter mid-April of 2018. With that said, a wider price range for Tech stocks among others are among that we have our eyes on, although financials would have a better potential to continue into the 1st earnings season reports.