SaxoTV

Berger: Why I am buying the S&P 500

625 views
January 04, 2016 berger, buying, equities, equity, idea, index, indices, long, market, markets, s&p500, saxo, saxo bank, saxo bank group, saxo bank saxo tv, saxo bank tradingfloor.com, saxo capital markets, saxo trading, saxo tv, saxo tv trading floor, saxo tv tradingfloor.com, saxobank, saxobank.com, saxotrader, saxotradergo, saxotv, serge berger, sp500, stocks, stop, target, trade, trade idea, trade view, trader, traders, traders tale, traders tale serge berger, trading, trading idea, trading risks, tradingfloor, tradingfloor saxo bank, tradingfloor saxo tv, tradingfloor.com, tradingfloor.com saxo tv, tradingfloorcom, view
The S&P 500 saw a weak end to 2015 because of tax loss selling and other factors which put the index under undue pressure, says Serge Berger. 

He believes the index could catch up some of the year-end losses at the start of the new year. He is looking to buy the index at 2040 with a stop loss at 2025 and his target for the trade is 2070.