s&p 500

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Several days ago I posted a chart showing the S&P 500 index now as compared to 1987 because, although there are major differences, this year’s price action reminded me of the movement which led to the monumental one day crash of over 20%. In 1987, the S&P 500 and DJIA ...

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Thumbnail image for The S&P 500: 2013 Versus 1987

The stock market rally has been unrelenting and it is rare to see it continue so long without a correction. The S&P 500 has been up six months in a row without a pullback of 5%. The market is up an impressive 18% year-to-date. In comparison, the average annual gain ...

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Thumbnail image for Tom Lee’s Long-Term Bullish Scenario for the Stock Market

Thomas Lee, JPMorgan’s chief equity strategist, laid out his firm’s bullish stock market forecast to CNBC’s Becky Quick and Joe Kernen last week. Earlier in January, Lee provided a more detailed scenario on Bloomberg TV (available below). Lee’s forecast has raised the ire of the popular blogger at Zero Hedge ...

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Thumbnail image for Doug Kass: Market Could Be Making High for the Year Currently

Doug Kass, of Seabreeze Partners, provided a sanguine view of the stock market’s prospects on CNBC’s Futures Now program this week. Based on his view that traders are ignoring “conspicuous headwinds,” Kass sees the possibility the market is making its high for the year. One of the most important negatives, ...

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Thumbnail image for Stanley Crouch Sees a Big Correction in Our Future

Stanley Crouch, Chief Investment Officer of Aegis Capital, has been bullish in the past, but he now sees stocks heading lower. Admitting the future is very hard to predict, Crouch said he now sees a “freckled swan” with patches of problems starting to appear. Eurozone concerns, the fiscal cliff, corporate ...

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Thumbnail image for Byron Wien Sees the S&P 500 at 1,500 Before Year-end 2012

“We’ll get there sometime before year end,” Byron Wien, vice chairman of Blackstone Advisory Partners, told CNBC’s Scott Wapner yesterday. “It will get to 1,500 before year-end no matter who wins,” he added. Wien’s roadmap for S&P 500 to 1,500 includes 1) improving economy, 2) housing market has bottomed, 3) ...

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Thumbnail image for Byron Wien: The S&P 500 Could Top 1400 By the End of the Year

Blackstone Advisory Partners Vice Chairman Byron Wien was on Bloomberg Surveillance with Tom Keene discussing the economy,  stock market, and gold. Wien said the ideas of Carmen Reinhart and Kenneth Rogoff are coming to pass in that we have a debt/GDP ratio of close to 100%; and probably worse if ...

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Thumbnail image for Doug Kass: Critical Juncture and Toxic Cocktail for the Stock Market

Yesterday on CNBC’s Halftime Report, Doug Kass laid out the reasoning behind his bearish outlook for stocks. His main concern is whether the economy and profits are headed lower. Kass also mentioned the waning influence of monetary policy; both in the U. S. and abroad, creating a negative feedback loop ...

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David Loeper, contributor to Forbes Magazine has written a compelling article highlighting the power of indexing; even compared to the “magic” of investing superstar Warren Buffett. In “Has Warren Buffett Lost His Magical Touch?,” Loeper examines the 3 year and 10 year performance of Buffett’s Bershire Hathaway versus the Vanguard ...

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The Bureau of Labor Statistics (BLS) reported a weaker than expected jobs report this morning. An excerpt from the report: Nonfarm payroll employment rose by 115,000 in April, and the unemployment rate was little changed at 8.1 percent, the U.S. Bureau of Labor Statistics reported today. Expectations were for an ...

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