Goldman Sachs abandons its bearish near-term view on stocks, says the bottom is in By Barbara Kollmeyer Published: Apr 13, 2020 10:20 am ET https://www.marketwatch.com/story/g...ew-on-stocks-says-the-bottom-is-in-2020-04-13 Wall Street analyst who called the 2018 rout says ‘don’t fight the Fed’ and ‘buy the dips’ is back on in this coronavirus-stricken stock market By Mark DeCambre Published: Apr 13, 2020 2:09 pm ET https://www.marketwatch.com/story/w...-coronavirus-stricken-stock-market-2020-04-13 Wall Street's top stock market experts strike bullish tone Emily McCormick Yahoo FinanceApril 13, 2020, 4:10 pm https://www.yahoo.com/amphtml/money...et-experts-strike-bullish-tone-201040965.html JPMorgan analyst Marko Kolanovic went a step further, predicting the S&P 500 would reach a new all-time high earlier next year given the recent boost from policymakers.
Absolutely hate it ... Can only mean one thing - they are propping stocks up to dump at better prices.
Absolutely. Watch the media. They will all start saying the same thing in sync. Goldman et. al. are telling the fake news media (read: all infotainers) to say the bottom is priced in. They are obviously going to be dumping stocks and they need to do some window cleaning before a few multi-millionaire clients put their heads on pikes. Anyone remember the housing crisis? Goldman lying to everyone to dump a pile of hot dogshit on the market? It's happening again. Even more deep red pill conspiracy: the fed will probably corroborate their story with another pump. Reel the suckers in and cash out. @dozu888 hasn't yet realized his pro boys are playing him for a fool.
Well, I think him and I are looking a bit further out - two or three years plus. I think he has a very important message to "traders" - don't miss the forest for the trees. Very few can outperform buy and hold long term(especially after costs). Now if you are trading for income, that's a different story - knock yourself out!
simply read all news with eyes and mind closed. But read your charts with very big eyes and clear mind.
You realize S2007 has posted this stuff after the bottom of every big drop since 2008, right? He continually mocks such headlines and calls for "much lower lows" until a new ATH is reached. I'm not saying he's wrong this time...yet, but he's one heck of a reliable contrary indicator if you're bullish.