Blog Archives

Wall Street’s Perennial Optimists Strike Again

It’s been said the only bubbles that Wall Street sees are the bubbles in its champagne glasses.

It appears those words are true because year-end targets for the S&P 500 (SNP:^GSPC) by Wall Street’s finest – are shall we dare say – quite bubbly:

  • Bank of America 2,200
  • Goldman Sachs 2,100
  • Morgan Stanley 2,275
  • JPMorgan 2,250
  • Stifel 2,350
  • Canaccord 2,340
  • RBC 2,325
  • Birinyi 2,300
  • UBS 2,225

The chart below shows how the S&P 500 (NYSEARCA:VOO) actually trades near 1,920 –

Read more ›

Tags: , , , , , , , , ,

Euro Bears Get Whipsawed

Selling pressure in the euro has been relentless over the past year and the currency has fallen just over 19% in value. Without surprise, pessimism toward the euro has been building.

Look at these recent mainstream headlines:

Delight or Dread as Euro Falls – New York Times (Mar.

Read more ›

Tags: , , , , , , , , , ,

Have Energy Stocks Finally Bottomed?

Energy stocks slid 8.7% last year and was the only S&P 500 (NYSEARCA:VOO) industry sector to lose value in 2014.

Have energy stocks (NYSEARCA:XLE) really bottomed?

FactSet reports:

“Despite declining oil prices over the past few months, industry analysts are most optimistic regarding the Energy sector in 2015,

Read more ›

Tags: , , , , , , , , , , ,

What Stock Market Sectors are Gaining the Most from Low Rates?

We can officially count 2014 as another bad year for Wall Street’s investment strategists.

Not only were they dead wrong about their prediction that interest rates would rise. They were also wrong about bond prices crashing. And 2014 isn’t yet over, yet with moxie and bravado, Wall Street is already predicting higher interest rates for 2015.

Read more ›

Tags: , , , , , , , , , , , ,

Wall Street’s Rogue Way for Measuring Performance Apes the 16th Century Medical Field

When measuring the investment performance of a portfolio, the biggest mistakes people make are 1) not tracking performance at all, or 2) comparing a portfolio’s performance to flawed yardsticks. The first point should be self-explanatory, so let’s focus on the second point.

If a certain portfolio holds an asset mix of 25% U.S.

Read more ›

Tags: , , , , , , , , ,

One FREE Month of ETF Premium

Click the report icon to sign up and receive one FREE month of ETF Premium Membership.


Show Buttons
Hide Buttons

Get One FREE Month of ETF Premium

Simply provide your email address and we'll give you One FREE Month of ETF Premium!