New Year is still months away but it isn’t at all early to predict how the stock market would develop in 2016. And if these predictions prove sound enough then you ought to either prevent yourself from the burden of losses or take advantage of the opportunity and grab some quick profits while the market moves. In this section we have 2 stock market predictions to pave your way ahead in the year 2016.
Energy Sector
Energy sector has been performing badly all 2015 and it was on September 18 that the sector recorded its worst day in nearly three weeks time. High volatility is what defines this sector. Many experts predict a rebound for oil industry but there are no evidences to support the comeback of the energy boom.
Facebook will delight
In 2016 it is predicted that Facebook will continue to strengthen its presence in the financial market. This is so because of strong results reported in the quarter July-September 2015. In mid-September Facebook was up more than 20% for the year. It is ahead of other companies in product innovation and its strong performance in social media. Its attractive growth profile and strong balance sheet has strengthened its base for its performance in the year 2016 as the revenues are forecasted to rise up to mid 30% range once again.
The year 2016 is predicted to be the year of crisis and crashes by many renowned financial experts. The benefit of one is based on the loss of the other. Only the calculated risk takers will be able to survive the crash and the reckless ones will be wiped away. Experts have witnessed crisis earlier in the year 2000 and 2008 as well and they have predicted the spark of crisis again. A simple piece of advice; Play Safe.