I Predicted The S&P 500 Would Break Above 4500 By July 15, So What's?Next?

Jul. 16, 2023 10:36 PM ET AAPL, AMD, AMZN

The article “I Predicted The S&P 500 Would Break Above 4500 By July 15, So What’s Next?” by Michael Brush discusses the recent performance of the stock market and what he expects to happen next. Brush begins by noting that he predicted that the S&P 500 would break above 4500 by July 15, and that this prediction came to fruition. He then goes on to discuss a number of factors that could drive the market higher in the coming months.

One of the main factors that Brush points to is earnings growth. He expects earnings growth to remain strong in the second half of the year, which should support the stock market. Brush also notes that valuations are still relatively attractive, which could also provide support for the market.

However, Brush also cautions that there are some risks to the market. He notes that the Federal Reserve is expected to raise interest rates several times this year, which could put a damper on economic growth and lead to lower stock prices. He also notes that the ongoing war in Ukraine and the threat of a recession in China could create further uncertainty in the markets and lead to a sell-off.

Overall, Brush is optimistic about the stock market in the coming months. However, he also cautions that there are some risks that investors should be aware of.

Here are some additional thoughts on the article:

• Brush’s arguments are well-reasoned and he provides a number of factors to support his thesis that the market is likely to continue to rise in the coming months.
• However, it is important to note that no one can predict the future and the market could also experience a correction.
• Investors should always do their own research and make their own investment decisions.

What’s Next for the Market?

It is difficult to say for sure what will happen to the market in the coming months. However, based on the factors that Brush discusses, it is likely that the market will continue to rise in the short term. However, there are some risks that could lead to a sell-off, such as rising interest rates or a recession. Investors should be aware of these risks and should make their own investment decisions based on their individual circumstances.

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