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June 2022 Forecast Review

In this article, we will be reviewing the calls we made in June. We kicked the month off with a forecast that was spot on which was Halliburton! On the second day of June, we put out a forecast that Halliburton’s share price might drop to $34. This happened exactly as we forecasted. 

On the 6th of June, we forecasted that Davita would rise to $120. This forecast missed. That same week, on the 8th of June, we forecasted that Walmart’s bulls will rally the share price to a new all-time high. Our analysts believe this forecast is still in progress. At the end of that week, on the 10th of April, we forecasted that mobile payment company, Block, will keep falling. This forecast was a hit!

On the 14th of June, we forecasted that NZDUSD will rise from 0.62493 to 0.64613. This was another accurate forecast! So was our forecast two days later on Solana bears staying dominant. On the 20th of June, we forecasted that Bitcoin will rise to $48,000 and Ethereum to $3500. This forecast missed its target.

On the 24th of June, we forecasted that Disney’s share price will fall below the lockdown low of $78.63. We believe this forecast is still in progress. Towards the end of the month, we forecasted that Oil, USDJPY, and e-commerce company Etsy, will fall. The bulls have been strong and those forecasts, as a result, have missed their targets.

Some of these ideas are in our clients’ portfolios. To understand if this one can work for you or for help to invest your own wealth, talk to our advisors at FM Capital Group. Would you like more information on how to get stocks in your portfolio? Schedule a meeting with us here

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