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Wall Street is Still Optimistic, Should You Be Too?

Never mind the S&P 500’s (^GSPC) mild nosedive. Wall Street’s analysts are still cheerleading stocks for 2014 as if nothing has changed. How bullish are they?

Among Wall Street’s analysts, 18 out of 21 predict a 3% or greater increase for the S&P 500 (NYSEARCA:SPY) in 2014.(see table below)

One of the most bullish 2014 forecasts is Abby Joseph Cohen of Goldman Sachs who,

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