It's only January and stocks already have topped many predictions for the whole year The S&P 500 topped 2,850 in early trading Wednesday, putting it ahead of at least seven full-year price targets from Wall Street strategists. The list of firms whose price targets were at least momentarily topped reads like an all-star lineup of prognosticators and includes Morgan Stanley, Goldman Sachs and Deutsche Bank. Jeff Cox | @JeffCoxCNBCcom Published 5 Mins Ago https://www.cnbc.com/2018/01/24/sto...ll-street-predictions-for-the-whole-year.html
The max down in this market environment probably about 7-10% then the fed would step in lower rates and eliminate any possible rate hikes moving forward.... And as soon as a 3% drop came cnbc would be running there breaking news up all night report because markets aren't allowed to drop...only rise!!!
Using history to predict the future as it seems that a strong January means a positive year moving forward...so it looks like once again guranteed gains unless this year it's just a head fake and the markets drop 17%%!!!!! Say it ain't so... The stock market is off to its best start in 31 years and that bodes well for the rest of 2018 When the S&P 500 returns at least 5 percent by Jan. 23, the index's median gain for the rest of the year has been 11.6 percent, Bespoke Investment Group says. The S&P and Dow both notched all-time highs Wednesday morning, before paring gains. "The history is pretty good for years where the first week starts off strong and the first month starts off strong," said Art Hogan, chief market strategist at B. Riley FBR. Thomas Franck | @tomwfranck Published 6 Mins Ago https://www.cnbc.com/2018/01/24/stock-market-off-to-best-start-in-31-years-bodes-well-for-2018.html
Yep blankfein was all about hilary, all of wallstreet wanted her, but now everyone loves trump because the stock market has added trillions and trillions and trillioms in value.... If the market had dropped 30-40% in the last year, which many thought it would after trump won, he would have probably been impeached by now!! Goldman CEO Blankfein has 'really liked' what Trump has done for the economy Though he supported Hillary Clinton, Goldman Sachs CEO Lloyd Blankfein says he has "really liked" what President Donald Trump has done with the economy. The remarks come with GDP growth posed to eclipse 3 percent for the third-consecutive quarter and as the stock market continues to roar to new records. Jeff Cox | @JeffCoxCNBCcom Published 3 Hours AgoUpdated 25 Mins Ago https://www.cnbc.com/2018/01/24/gol...o-global-growth-are-doing-very-very-well.html
Amazing how they keep talking down the dollar, especially the white house, isnt America all about the dollar and keeping it strong and powerful yet here they are bashing it day after day...very amusing...why everyone is ignoring this weak dollar is beyond me, this is going to cause great problems if the drop continues, can only be ignored for so long..... Caterpillar and four other Dow stocks that could win if the White House keeps talking down the dollar Caterpillar was the best performing Dow stock when the dollar declines 5 percent or more in a three-month period, according to Kensho. The other top performers in the Dow came from a diverse mix of sectors, while the best performing sector in that same period was materials, up 3.9 percent. The dollar broke lower Wednesday, cracking a key level and hitting a three-year low, after Treasury Secretary Steven Mnuchin said the weak dollar was good for trade. Patti Domm | @pattidomm Published 11 Mins Ago https://www.cnbc.com/2018/01/24/cat...w-stocks-that-should-win-if-dollar-falls.html