This fucking guy I used to like... Now he's just a big pain in the ass. Why is he the " top" strategist? Damn it. Wall Street’s top strategist warns stocks have climbed into the ‘death zone’ where ‘they shouldn’t go and cannot live very long’ Investors have their heads in the clouds—or buried in the sand—and are running out of time to salvage their returns before risking a "catastrophic" end, a Morgan Stanley strategist has warned. Mike Wilson's grim prediction comes as the S&P 500 continues to rally, up 16% from its October lows and 6% since the start of this year. Morgan Stanley's chief investment officer, voted the No. 1 stock strategist in an October survey by Institutional Investor, drew on a comparison from Jon Krakauer's 'Into Thin Air', which details the tragic true story of three separate expeditions attempting to climb Mount Everest when the peak claimed its worst single-season death toll on record. Wilson argued the benchmark equity index finds itself in the financial equivalent of the "death zone", a term mountaineers use to refer to altitudes where oxygen is no longer sufficient to sustain human life for an extended period of time. “Either by choice or out of necessity, investors have followed stock prices to dizzying heights once again as liquidity (bottled oxygen) allows them to climb into a region where they know they shouldn't go and cannot live very long," Wilson wrote, according to Market Watch. "They climb in pursuit of the ultimate topping out of greed, assuming they will be able to ascend without catastrophic consequences. But the oxygen eventually runs out and those who ignore the risks get hurt." By Wilson's estimate, the S&P 500's price-to-earnings ratio already increased to 18 by the end of last year from just 15 in October. He believes the index has now climbed to heights where the air is at its thinnest since the bull market began in 2009, with its P/E ratio currently sitting at 18.6.
235,622 Viewers!!!! This is getting crazy! Up/Down and all around.. there is a new gummy by the way: they have managed to put mushroom's trippy qualities into a good-tasting gummy/ Next week I try..... You know what time it is.... THIS IS RADIO SAVANT-!
It's all an apples to apples comparison yoy and qoq. You can use gaap, you can use non-gaap. 90% of the time the analysts use the latter. Any dead cat bounce and they'll make money. But you'll have to be quick when you take it, because it will disappear just as fast as it appeared, unless HD pulls a WMT (you're welcome btw), which I don't think it will in the near future. A dcb? Maybe. A sustained run above $310? Ahhhh... doubtful at the moment. $234 on the close. If I had to chose between buying calls on this vs. HD.... I think I'd use TSCO. But its day will come too. They're all overpriced.
Stoney!!!! I thought I'd point this one out too lol. 3 trading days and 150 points later. Another perfect top call. It was 4157 and it hasn't looked back But it did pause at 4085. Go figure. Watch and learn Stoney... watch and learn. 3 trading days later.... Cooo-cooo-keeee-choo.
You never know I might be working at Alaric soon.... Good Morning Everyone--- --BioCryst upgraded to Buy from Hold at Needham 07:17 BCRX Needham upgraded BioCryst… --H&E Equipment reports Q4 EPS $1.41, consensus $1.00 » 07:10 HEES --Home Depot price target lowered to $320 from $335 at Credit Suisse 07:04 HD
Terran Orbital awarded $2.4B contract to build 300 satellites for Rivada Space 06:39 LLAP WOWSA-!!!!!! Why couldn't this be Sir Richard!!! Terran Orbital Corporation (LLAP) NYSE - NYSE Delayed Price. 1.7100-0.0900(-5.00%) At close: 04:00PM EST 3.1400+1.43(+83.63%)<----- OMG Pre-Market:07:54AM EST
More Space News-> Sidus Space enters agreement with SpaceX to launch on Transporter missions Van- Copart price target raised to $82 from $75 at Guggenheim 07:55 CPRT