Sam Stovall of S&P500 raised the index 12-month target to 2,200

Discussion in 'Wall St. News' started by HeSaidSheSaid, Oct 6, 2014.

  1. All clear for now but watch out in 2 years: Dalio
    Matthew J. Belvedere | @Matt_Belvedere
    Wednesday, 1 Oct 2014 | 11:04 AM ET
    "Ray Dalio, head of the world's biggest hedge fund, told CNBC's "Squawk Box" on Wednesday, "I see no real reason for a problem in the United States now other than too tight ... monetary policy." He doesn't see that happening. But the Bridgewater Associates founder expressed concern about the next downturn 18 months to two years from now."
    http://www.cnbc.com/id/102049699#.


    Fundamentals Support Raise in S&P 500 12-Month Target
    Sam Stovall , Managing Director, US Equity Strategy , S&P Capital IQ

    "S&P Capital IQ’s Investment Policy Committee raised its 12-month target for the S&P 500 to 2200 from 2100, representing a 10% price increase for the U.S. equity benchmark during the coming year, based on the Sept. 3 close. The allocation was unchanged at 65% global equities and 35% fixed income. According to S&P Capital IQ consensus estimates, operating EPS are projected to rise 11.8% from Q3 2014 to Q3 2015. In addition, the year-over-year increase in headline CPI is expected to remain close to the current 2.0% level. Even with the possibility of P/E contraction to below 17X as this bull market ages, we believe underlying fundamentals support this projected price appreciation for the U.S equity market in the coming year".
     
  2. Sure SPY could easily trend to $220 this year[2014,] about the same as Sam said[S&P 500];
    [abc ]AIG, BAC, C sector could easly downtrend 30% +/this year 2014, also . especially since those 3 [AIG sector]have spent so much time below 200 day moving average, 2014 . Not a prediction, simply probabilities. Thanks
     
  3. wisdom of a turtle! :)

    What are Dennis Turtles doing today?


    Managing Money
    Jim DiMaria - JPD
    Bill Eckhardt - Eckhardt Trading
    Jerry Parker - Chesapeake Capital
    Brian Proctor - EMC
    Paul Rabar - Rabar Market Research
    Russell Sands - Raintree Futures
    Howard Seidler - Saxon
    Tom Shanks - Hawksbill Capital


    Not Managing/Unsure
    Anthony Bruck
    Mike Carr
    Michael Cavallo
    Sam DeNardo
    Jeff Gordon
    Erle Keefer
    Jim Kenney
    Philip Lui
    Jim Melnick
    Mike O'Brien
    Stig Ostgaard
    Rudolph Papirnik
    Jiri Svoboda
    Curtis Faith

    Deceased
    Liz Cheval - EMC
    Mike Shannon
    Craig Soderquist
     
  4. Aug 2011 market correction, small cap index dropped 30% from 860 down to 600. "This was due to fears of contagion of the European sovereign debt crisis to Spain and Italy, as well as concerns over France's current AAA rating,[1] concerns over the slow economic growth of the United States and its credit rating being downgraded.

    Standard & Poor's downgraded America's credit rating from AAA to AA+ on 6 August 2011 for the first time.

    [​IMG]


    [​IMG]
     
  5. Alibaba's growth history:

    • 2007 revenue: US$19 million, 56% increase from 2006, profit increased by 67%, 27M users
    • 2008, revenue = US$360M, profit = $144M
    •2009 Q4 2009 Q4 total revenue: $160M, up 39%
    • 2010 Alibaba generated US$845 million revenue last year, a 43 percent increase from 2009, $220M profit; 1m users
    • 2011 ($271.48 million) in 2011, up 16.6 percent over the previous year
    • 2012: income was doubled from $203M to $704M
    • Oct 2013: Revenue = $1.7B (rev growth 70% (from $703M to $1.7B)
    • Apr 2014: revenue = $3B, profit = $1.3B
    Vs. Amazon revenue Q1 2014: $19.34 billion.
     
  6. in the last 5 years, odds is on the bull side for Nov-Dec timeframe:
    2009.png
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  7. S2007S

    S2007S

    Should close out the year around 17750-18000....but since its election year maybe close out the year at 19000....
     
    #10     Oct 30, 2014