11 Successful Trades in the Month of December – See How We Did It
January 1st, 2021
We also witnessed the fastest bear market in history, with the S&P 500 plunging 35% between Feb. 19 and March 23. Thankfully, it happened to be the shortest bear market in history as well. Stocks surged higher and surpassed their previous records by mid-August.
Goldman Sachs, for instance, is forecasting the S&P 500, could rise nearly 15% by year end to hit 4,300. Others put the target closer to 3,900, which would be an advance of around 4% after 2020’s impressive run-up.
Where stocks will go from here is anyone’s guess. However, it is very likely we will continue to see elevated volatility levels in the months ahead.
And that means that, like 2020, 2021 will be a great year to be an options seller!