Morgan Stanley's Mike Wilson sees the S&P 500 going as low as 3,000 next year.
My top 10 things to watch Monday, Dec. 19, 2022 1. U.S. stock futures point to a modestly higher open after Wall Street declined for a second straight week — the first time that's happened since September. The hawkish tone from the Fed was to blame. 2. Morgan Stanley's Mike Wilson sees the S & P 500 going as low as 3,000 next year. That would be 22% below Friday's close. 3.
We're adding to our Amazon position Monday. 8. Oil back up to $75 per barrel. Time to buy our oil stocks back. On Friday, we added shares of Halliburton and see others as good buys, too. Piper has an odd number cut on Exxon , not a Club stock, even though very positive. 9. Jefferies upgrades Moderna to a buy from hold. Analysts there also increase their price target to $275 per share from $170; cites optionality of vaccines. 10.
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