Is a Stock Market Crash Coming? An As-of-Now Flawless Forecasting Tool Weighs In on Where Stocks May Be Headed Next.
Over extended periods, there's arguably no greater creator of wealth than Wall Street. Even with inevitable down years, the major stock indexes have delivered higher annualized total returns than bonds, commodities, and housing over the long run.
But when the examined timeframe is shortened to mere months or a couple of years, directional moves in the iconic Dow Jones Industrial Average (DJINDICES: ^DJI), benchmark S 500 (SNPINDEX: ^GSPC), and growth-driven Nasdaq Composite (NASDAQINDEX: ^IXIC), are impossible to predict with concrete accuracy.
However, this doesn't stop professional and everyday investors from attempting to gain an advantage by following forecasting tools that have historically strong correlations with the broader market.
Source Fool.com
