What to expect on stock exchanges in autumn 2021

At the moment, there is a rather ambiguous situation in the stock, financial and commodity markets.

Some experts advise investing in petroleum products, others talk about a new crisis that will lead to a fall in energy prices.

Opinions are quite contradictory and it is quite difficult for investors focused on long-term transactions to make their choice.

Therefore, at the moment it is best to switch to short-term speculation, but if such trading is not for you, we will try to understand the current situation.

 

RECOMMENDED BROKER
the best choice at the moment

Gold - first of all, the financial crisis again stimulates an increase in prices for exchange-traded gold, and buying gold bullion is not so profitable now, since its price is currently higher than the market price:

Therefore, long-term purchase transactions in the trading platform will be more preferable. The price per ounce is expected to once again reach its all-time high of $2,000. That is, the growth potential will be more than 15%.

Oil and gas – despite optimistic forecasts, in my opinion, the price of Brent oil is unlikely to rise above $80 per barrel in the near future. Especially if you remember that this price was only before the start of the wave of pandemics.

A more likely scenario is that, against the backdrop of the 4th wave of the pandemic, there will be a decline in production again, and with a new crisis, the demand for energy will decrease:

That is, you need to place pending sell orders below $70 per barrel and wait for a breakout of this level.

With the price of gas, the forecast is even more pessimistic; the price of natural gas is now at its peak and one can only predict that it will fall soon.

Cryptocurrency market – as for cryptocurrencies, you should not expect intensive growth in the next couple of months.

Bitcoin and altcoins have already exhausted their potential, and with a high probability the price of Bitcoin may again drop to the $30,000 mark and only after that a trend reversal will occur.

The stock market - the situation here is quite ambiguous; we can say that most securities are prone to price declines.

But there are also those from which growth can traditionally be expected after the introduction of quarantine restrictions; these are securities of companies that provide access to goods and services via the Internet.

Companies mining non-ferrous metals and those in the medical sector also have good prospects.

But despite this, it is advisable not to make large bets on the stock market until the spring of 2022, until the situation finally stabilizes.

 

 

 

Joomla templates by a4joomla