Despite December doldrums, many Wall Street analysts are bullish for 2019

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Despite the market turmoil in December, many of Wall Street's top analysts remain bullish for 2019. A CNBC survey found that the average strategist sees the S&P 500 ending next year above 3,000.

Source: News Formal (newsformal.com)

 

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Trump controls part of this so we just wait...

Stock Market Crash As A Political Weapon: With “Trump’s Economy” taking off like wildfire, and tax cuts and regulation cuts pouring jet fuel on it, and 2020 fast approaching, Democrats needed a plan. FAST. Enter the Fed to engineer a “Bear Market”: 😝 😆

😂😂😂

Not sure they are as bullish as they were for 2018 last Christmas.

The three sectors cited, Consumer Discretionary, Tech and Energy, are the ones most annihilated in the 4th qtr of 2018. What were their largest positions on Oct 1, 2018? You guessed it. Their predictions are a layup.

Well the good thing is we can only ho down 25% 4 times before we hit zero.

Good. We need someone to take the other side of the trade.

I sneaked this out from the Nostamarketus codex...

It’s going to the a tough year!

I guess they can't get more bearish. Well I suppose they could if the China trade talks bog down and we get 25% tariffs on their stuff.

Pump and dump, pump and dump...Hey, nice work, your resident, always wrong cokehead Kudlow has managed a negative 12% return this year...

Hahaha!

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