Friends – Activity – cohensl84

Seth Golden posted an update 2 years ago

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]

Seth Golden posted an update 2 years ago

The “average” returns following all nine previous inversions (the far right-side bars on the chart) were surprisingly positive in both “year 1” and “year 2” (i.e., +6%…

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Seth Golden posted an update 2 years ago

Jeff deGraaf of RenMac LLC on ISM Prices Paid:

“It’s in the bottom 1/3 of all years going back 70 years. Historically, this has been EXTRAORDINARILY BULLISH ZONE for equities!”

Seth Golden posted an update 2 years ago

J.P. Morgan Special Report

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Seth Golden posted an update 2 years, 1 month ago

Wells Fargo Scott Wren

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Seth Golden posted an update 2 years, 1 month ago

“Looking at the last 21 bear cycles, 12 of them bottomed in a mid-term year, and six of those bottoms occurred between June and October: 1962, 1966, 1974, 1982, 1990, and 2002. We expect 2022 to be added to this list” ~Ari Wald of Oppenheimer

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Seth Golden posted an update 2 years, 1 month ago

S&P 500 performance Thanksgiving week, since 1987

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Seth Golden posted an update 2 years, 1 month ago

S&P 500 firm resistance at 40-week moving average. Despite markets backing up a bit last week, Net New Highs have outpaced. 5 of last 7 trading days, more stocks hitting…

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Seth Golden posted an update 2 years, 1 month ago

Cycle Composite 2022 Update:

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Seth Golden posted an update 2 years, 1 month ago

Wells Fargo’s Scott Wren

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Seth Golden posted an update 2 years, 1 month ago

Morgan Stanley Team:

🔹Earnings recession of -11% YoY EPS at $195/share

🔹1H 2023 “barely” recession of (0 to -.3 Q/Qsaar)
before rebounding.

🔹 $SPX downside…

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Seth Golden posted an update 2 years, 1 month ago

Morgan Stanley’s Mike Wilson

Seth Golden posted an update 2 years, 1 month ago

J.P. Morgan’s Marko Kolanovic:

Seth Golden posted an update 2 years, 1 month ago

Regardless of what the Fed is doing with the funds rate, real liquidity growth has been strongly correlated with stock market performance. Chart 1 highlights 14 previous…