When the NEW YEAR changed the TREND!

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I could keep going, but it’s New Year’s Day🍾

Ya’ll remember high in 2022? Often trend changes/exacerbates first 2 weeks of January.

Finom Group will issue its First 2022 State of the Market on Monday January 2, 2023. Happy New Year to everyone!

Below is a roundup of 16 of these 2023 forecasts for the S&P 500, including highlights from the strategists’ commentary. The targets range from 3,675 to 4,500. The S&P closed on Friday at 4,071, which implies returns between -9.7% and +10.5%.

Barclays: 3,675, $210 EPS (as of Nov. 21, 2022) “We acknowledge some upside risks to our scenario ana…[Read more]