Contact Information

Park Avenue Numismatics
5084 Biscayne Blvd, Suite 105
Miami, FL 33137
 
Toll Free: 888-419-7136

Secure Private Ordering
We use the latest online security processing, so your order is safe & private. We DO NOT disclose any customer information to ANY third party company. Our customer privacy is our priority.

Over 30 Years Experience
Park Avenue has over 30 years experience buying and selling Rare Coin and Precious Metals. We have the knowledge and ability to provide our customers with the best products and services.

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What's Next for Stocks?

Tuesday, June 20, 2023

6.20.23 - What's Next for Stocks?

Gold last traded at $1,936 an ounce. Silver at $23.15 an ounce.

This Economic Indicator Has Flawlessly Predicted Directional Stock Movements for 70 Years. Here's What It Says Happens Next -The Motley Fool

If history rhymes, this indicator has a very clear message for where the Dow, S&P 500, and Nasdaq Composite are headed.

Wall Street can be a fickle thing when it's examined over short timelines. In 2021, the 30-component Dow Jones Industrial Average (^DJI -0.72%), broad-based S&P 500 (^GSPC -0.47%), and growth-stock-fueled Nasdaq Composite (^IXIC -0.16%) all surged to record-closing highs. This was followed up by the worst performance in 14 years for all three indexes in 2022.

Although a small number of megacap tech stocks have had a phenomenal start to 2023, many investors are still left to wonder when the 2022 bear market will be firmly put into the rear-view mirror and a period of uncertainty will come to a close. In other words, investors would love to know where stocks are headed next. 

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