The S&P 500 recently closed over 3,000. And many people are wondering if this is the top of the stock market? At least one firm believes stocks are headed higher—much higher.
Podcast—What's Happening Now: Is This The Top of the Stock Market? (3:40)
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Is This The Top of the Stock Market?
As most of you know, we are not in the prediction business. Most who are have limited success. But, it rarely stops anyone from trying.
The stock market will either go up or down from here. The only way we will know who guessed correctly is to wait and see. We rarely believe any of them to be reliable indicators of future performance.
We are certainly hopeful the S&P 500 passes the 3,250 mark. But, if it doesn’t, we won’t be surprised.
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Neal Watson is a Certified Financial Planner™ Professional and a Financial Advisor with Fleming Watson Financial Advisors He typically works with people who are planning for retirement. Fleming Watson is a Registered Investment Advisory firm located in Marietta Ohio. Our firm primarily serves Marietta, Parkersburg, Williamstown, St. Marys, Belpre, Vienna and the surrounding communities in Washington and Noble Counties in Ohio and Wood and Pleasants county in West Virginia.