Blog Archives

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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Have Bullish Sentiment Extremes Caught Up with Stocks?

Memo to equity bulls: 2014 is not 2013. And thus far, it’s been a bumpy road for stocks.

The  S&P 500 (NYSEARCA:SPY) broke below 1,800 for the first time this year. Have bullish sentiment extremes finally caught up with the stock market?

AUDIO: Listen to Ron DeLegge @ The Index Investing Show

Via our Technical Forecast issued on Jan.

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