Dow ????? S $ P ????

Discussion in 'Trading' started by S2007S, Dec 4, 2014.

  1. S2007S

    S2007S

    TOM LEE IS BACK!!!!!! HAHAHAHAHAHAHA

    best days may be ahead, didn't this guy say buy stocks when the dow was above 18,000, nearly 2000 dow points lower and he says best days may be ahead, this guy is a joke....I can't wait to see what he says when the dow is down 20%, 25%, 30% 40%

    Tom Lee: Stocks best days may be ahead
    Fred Imbert | @foimbert
    15 Mins Ago







    Investors who are shifting their positions to hedge against volatility may be missing the year's five best days for stocks, strategist Tom Lee said Tuesday.

    "Now that we're down 12 percent, the market's oversold, and we've only had one day where the market was up 2.5 percent or more; half of the best five days are that, so I think we have the potential for some really big moves into year-end," Fundstrat's co-founder and head of research said in a CNBC "Squawk on the Street" interview.

    "If you look at the last 10 years, if you missed the best five days, you had negative years seven out of the last 10 years, even though the market was up eight out of the last 10," Lee said.

    Lee made his remarks as U.S. equities rallied Tuesday morning, with the three major indexes rising more than 1 percent.

    He also said that the current U.S. bull market would continue on the heels of strong housing data, but there's one element that could turn him bearish.

    "If emerging markets weakness spreads into credit tightness [and] creates a U.S. recession, then I think we're in a bear market," he said.

    Emerging markets have been hit hard by the recent round of volatility, with Brazil's Bovespa index falling more than 3 percent in the last month, while Chinese equities lost its 2015 gains.

    Shanghai Composite index year-to-date chart[​IMG]

    Fred Imbert
     
    #41     Sep 8, 2015
  2. S2007S

    S2007S

    tom lee on cnbc yet again....every week this guy is on talking how he thinks the bottom is in, just 2-3 months ago he was screaming to buy stocks at historical highs...
    Tom Lee: Here's why the bottom in stocks may be in
    Matthew J. Belvedere | @Matt_Belvedere
    7 Hours Ago


    Movements in small-cap stocks near the end of last month seemed to signal the stock market may have bottomed, longtime bull Thomas Lee said Monday, as investors braced for continued volatility surrounding the Federal Reserve's decision on interest rates later this week.

    "Some things that you look for to say a bottom's in are usually small caps outperforming. They almost always turn up one day to two weeks before the actual bottom's in," he told CNBC's "Squawk Box" in an interview. "Small caps bottomed versus the S&P on the 24th of August."

    Ed Keon, managing director at Prudential's Quantitative Management Associates, told CNBC in a separate appearance that stocks are still in a bull market but fairly valued at these levels. "I think that the pace is going to be significantly slower over the next couple of years than the last several years."

    Read MoreDavid Tepper: Good time to take money off the table

    As for rates, among Wall Street economists, it appears too close to call on whether central bank policymakers will hike for the first time in nine years after their two-day meeting Thursday.

    "I would be surprised if we had a hike this week," Lee said. "Investors between now and year-end want visibility. If the Fed does sort of put things on hold, I think they'd prefer to hear the Fed say, 'We won't really have the door open until next year.'"

    Keon said he thinks the Fed could appease everyone with a rate rise and assurances of no more this year. "So you would satisfy the people that want to see some kind of an increase, but at the same time give some certainty about the future course of rates."

    Recent concerns about China's economy have been seen as a complicating factor, and government data released Monday showed growth in the country's fixed asset investment and industrial production missed expectations in August.

    As a result, Chinese stocks closed sharply lower, with the Shanghai composite off nearly 2.7 percent Monday, even as Beijing issued new guidance on state-owned enterprise reforms, including the introduction of "mixed ownership" of state firms.

    With China and the Fed as wildcards, Wall Street is looking for another winning week, despite running a loss for the month.

    "In the last month, I think a lot of people who were bullish and buy the dips have now gone into this indecision camp," Lee said.

    Keon said he's not one of them, but he's holding more cash than normal. "If you do get a reaction to the Fed or what's happening in China ... I'd like to have some dry powder to put to work as we did the day the Dow opened down 1,000 [points]."

    The day Keon was referring to was Monday, Aug. 24, when the Dow Jones industrial average clawed back some of those earlier losses to close down 588 points or nearly 3.6 percent. He said he did some buying that morning.

    Read MoreAckman: I'm more bullish on stocks than Tepper

    Meanwhile, the Dow is coming off a weekly gain of 2 percent, its best week since March 20. The S&P 500 index was also up 2 percent last week, its best for such a time period since July 17.

    Historically, September has typically been a weak month for stocks, and both the Dow and S&P were in the red for the year—off more than 8 percent and 5 percent, respectively—as of midday Monday.

    "You've seen turbulence at times when the Fed does make its first rate move," Lee said. "But if this is like the 1950s in a low-inflation and low-growth environment it would be seen as a reflation signal and back then it was actually a bullish outcome for stocks."

    "There are bullish things developing though," such as signs of stabilization for the dollar and oil prices, he argued.

    "Sentiment, which hasn't really mattered in the last month, is so bad that, I think, we're better-positioned for good news than bad," said Lee, who launched his own boutique equity research firm, Fundstrat Global Advisors, last year after leaving JPMorgan as chief equity strategist.
     
    #42     Sep 14, 2015
  3. These clowns use every cliche in the book...They are almost always "all in", but magically when the market "dips" they are "putting money to work", "tactically adding to quality names"...never are they "lightening up" at the highs...
     
    #43     Sep 14, 2015
  4. S2007S

    S2007S

    And another "STRATEGIST" is calling for an "UBER-BULL" for end of 2015, ahhhh hahaha....he is looking for a 14.6% JUMP from the 1920 LEVEL.....let me say that again, a 14.6% JUMP from these levels.......

    He is calling for 2200 on the s$p by the end of this year

    HAHAHAHAHAHAHAHA HAHAHAHAHAH

    This is a joke right, is today April 1st?



    Citi strategist sees uber-bull move for end of 2015

    Matthew J. Belvedere | @Matt_Belvedere
    47 Mins Ago


    With stocks lower on the year, the market on Thursday entered the final three months of 2015 with the prospect of a complete turnaround that could extend the bull market into a seventh year, Citi strategist Tobias Levkovich told CNBC.

    "We're talking about kind of double-digit returns — mid teens to high teens [percent] — type of returns," Citi's chief U.S. equity strategist said on "Squawk Box."

    At the end of 2015, Levkovich expects 2,200 on the S&P 500, which would represent a 14.6 percent rise from the 1,920 level, where the index closed Wednesday. A gain of that magnitude would completely flip the script on 2015, and return 6.9 percent.

    Read MoreIt feels like someone screamed 'fire': Tom Lee

    But the Dow Jones industrial average, the S&P, and the Nasdaq composite were in correction territory ahead of Thursday's start of the fourth quarter and after logging their worst three month stretch in four years.

    "I try not to let my emotions get in my the way," Levkovich said, pointing to the August devaluation in the Chinese currency as the start of the late summer swoon, which bottomed out with a market plunge on Aug. 25.

    But tracking emotions with Citi's Panic/Euphoria model, he said, "We've been five weeks in panic," which serves as a contrarian indicator. "That actually yields a 96 percent probability the markets are up a year from now."

    The fourth quarter has traditionally been positive for the market, despite a historically scary October. But there's hope, because in recent years, the major stock measures have rallied in four of the past five Octobers.

    But not everyone is as bullish as Levkovich.

    David Bianco, chief U.S. equity strategist at Deutsche Bank, told CNBC on Thursday: "We have a few concerns for October and early November."

    "Earnings season is going to be very sobering," he said. "Once again this is going to get marked down as a profit recession."

    Bianco, who correctly predicted a tough summer, said: "There will be some scares in October, but I'm expecting happy holidays at the end of the year and into early next year."

    He builds his case on expectations for pockets of standout earnings in "health care, parts of technology, and part of consumer" companies. "I think it's technology, health care, and big banks that lead the rally."

    Bianco said he's worried about the debt ceiling fight in Washington. But he believes it will get resolved, adding "fuel to the rally."

    Steven Rees, global head of equity strategy at JPMorgan Private Bank, said on "Squawk Box" that investor sentiment is very negative. "There's a lot to be worried about, whether it's China, whether it's health care, whether it's Japan."

    However, he sees earnings coming in better than the really low expectations, which could help support the market next year.

    "A lot of the big negatives that hurt the market this year, whether it was the energy drag, whether it was the strong dollar, become a lot less negative in the next year," Rees said.

    On Wednesday, economist David Blitzer, chairman of the S&P Dow Jones index committee, told CNBC he was a "little worried" about stocks. He also said he thought it was unlikely that stocks could mount a significant year-end rally.

    Read MoreWhy stocks won't recover for positive 2015: Blitzer

    Billionaire Carl Icahn really sounded the alarm on stocks this week with the release of a self-produced video called "Danger Ahead."

    The activist investor expressed concerns about stocks, saying the market could go down "a lot more" as investors come to grips with bubbles exacerbated by the Federal Reserve's near-zero percent interest rate policy.

    One of the biggest questions marks for stocks is when the Fed might increase interest rates. Last week, Fed Chair Janet Yellen reiterated the hope for a move this year, after central bankers decided not to hike rates at their September meeting.

    "The Fed kind of messed up that call," Levkovich said. "The market was certainly poised for rising rates [last month]. I don't understand how the market monitoring group at the Fed just didn't see that. It was too plain and obvious."

    The Fed meets again this month and then in December, which is seen as the more likely of the two gatherings for a move.

    The government's September employment report, due out Friday morning, will be watched closely by investors for clues on what the Fed might do. Strong data could bolster the case for a hike.

    But Levkovich warned not to look at any one report as the trigger. "I don't think there's a single magic bullet there that's going to say ... we've turned the corner."
     
    #44     Oct 1, 2015
  5. S2007S

    S2007S

    OHHHHH and what do you know, guess who came back to play, tom LEEEEEEEEEEEEEEE
    and this time he's just as bullish as he was the last 492 times he came onto cnbc!!!

    He sees 2325 on the s$p by year end HAHAHAHAHAHAH
    HAHAHAHAHA

    2325

    HAHAHAHA

    What is going to get us there????




    They gave him his own screen shot on the front page of cnbc like they usually do...


    Lets see what he has to say this time.....


    • TOP NEWS & ANALYSIS
      It feels like someone screamed 'fire': Tom Lee

      [​IMG]
      Strategist Tom Lee says that despite negative sentiment, stocks may be heading higher. • 5 stocks to watch in the 4th quarter


      The third quarter has come to a close, and the scoreboard for the year isn't pretty. The S&P 500, Dow and Nasdaq composite index have dropped roughly 7 percent, and many former market leaders including health care and large-cap tech have seemingly fallen off a cliff. But one top strategist says that because expectations are so low going into the home stretch, there may be nowhere to go but up.

      "It feels like someone called fire in a crowded theater," Fundstrat Global Advisors co-founder Tom Lee wrote in a research note this week. "We find clients more scared than any time since 2009."

      On CNBC's "Fast Money" on Wednesday, Lee laid out 3 key reasons why dismal sentiment may actually be an indicator that stocks could be headed higher.

      First, Lee addressed the Street's "grim expectations" for third quarter earnings. "A lot of times how markets react to earnings has to do with expectations," Lee said, adding that this time around, "people are expecting a horror show."

      According to Lee, future earnings could actually get a boost from a U.S. dollar that's taken a pause from its rapid ascension. "The dollar isn't as strong as it was earlier this year, so it's going to start to become a tailwind," he said.

      Lee was less bullish on China, conceding that there is still a large amount of uncertainty surrounding the world's second largest economy. But according to Lee, weakness in China does not necessarily translate to weakness in stocks on the home front.

      "In 1989, Japan was a bigger share of global GDP than China is today," he said, "and the downturn in Japan did not spill over into the U.S."

      Finally, Lee said the out-performance of the S&P 500 versus the rest of the world, coupled with a seasonally strong period for stocks, could help the index reach his target level of 2,325 by the end of the year.

      "Whenever you have a down Q3, Q4 is up 90 percent of the time," he said. "If there is a global downturn, people are going to migrate to the quality market. Since 2009, that's been the S&P. So I think the S&P is actually going to be a recipient of capital."
     
    #45     Oct 1, 2015
  6. S2007S

    S2007S

    #46     Apr 22, 2016
  7. You angered the bull Gods by mocking the uber-bull Tom Lee.

    (btw, wasn't it Joey Batts (the giant) who worked as a bull cheerleader for one firm, then switched firms and made the bear argument all the time...)
     
    #47     Apr 22, 2016
  8. S2007S

    S2007S

    #48     May 31, 2016
  9. Nine_Ender

    Nine_Ender

    Last year, when the SPX was 1882, you forecast a further 40-50% drop would occur imminently. SPX is now 2096. That's a MASSIVE miss.
     
    #49     May 31, 2016
  10. And you were bullish on AAPL at $120...It hit $92...That's a MASSIVE miss.

    btw, PriceChange's advice is still valid...It would end your sad obsession with S2007S.
     
    #50     May 31, 2016