The answer is a qualified ‘Yes’. The dominant trend of the Stock Markets (UK and US) is an Uptrend; this implies that, with the continuation of the trend, higher share prices are in store so why not go ahead and buy – provided you have done your research and identified which shares offer the best profit potential. But (there always is a ‘but’ when considering investing in shares) the degree of risk of a sizeable retracement is now much greater than it was a few weeks ago ( we calculate it is currently an 85% chance of a sizeable downturn) so it might be better to wait for a pull back before buying shares or equity based funds.
ShareHunter’s analysis of current Stock Market trends is always available to ShareHunter members as is the choice of medium to long term stock picks (for SIPPs and personal equity portfolios) and of short term share trades (‘hot stocks’) for CFD and Spread Betting.
Because of the potential for a reversal in share prices there has been no long term alerts for several weeks but the short term share trading has performed brilliantly over the last 3 months producing over 40% gain on the model CFD/Spread Bet Account and there are currently 26 open trades with the happy position of 15 of them being in profit if they were all stopped out tomorrow!
So, right time to buy shares? – Yes, provided a) that you select shares that offer the best potential for a fast move up the price scale and b) you trade for the short term and use a strict exit-stop program so that you are not left in the market if there is a general collapse of stock prices and c) you get ShareHunter to ‘hold your hand’ and guide you up the pathway to profits.
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