Profile image
By silveristhenew (Reporter)
Contributor profile | More stories
Story Views

Last Hour:
Last 24 Hours:

2017: Euphoria…Then Panic

Wednesday, February 15, 2017 15:15
% of readers think this story is Fact. Add your two cents. / FS Staff / 02/14/2017

The stock market should see positive gains this year followed by a possible crash in the second half, technical market analyst Clif Droke says in his latest interview with FS Insider.

“In the seventh year of most decades, we tend to see surprising strengths in equities, particularly in the period from March through July – that’s when the upside potential is best for stocks,” Droke said.

However, he warns, what goes up must come down, and Droke expects a decline around October following a midsummer peak. In some Year 7 models, declining strength can sometimes result in a crash as well. He expects the market to “stick to the script” in 2017.

Droke said the following in a recent note:

Crashes, mini-crashes, and panics are quite common in the seventh year (e.g. September 1987, October 1997, February/August 2007). It will do us well to keep this in remembrance as we enter what promises to be a year filled with tremendous opportunity for making money in the stock market – in both directions.


The post 2017: Euphoria…Then Panic appeared first on Silver For The People.


We encourage you to Share our Reports, Analyses, Breaking News and Videos. Simply Click your Favorite Social Media Button and Share.

Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories



Top Global


Top Alternative




Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.