The S&P 500 will climb to 1,900, according to Birinyi.
Contrary to market lore.
Today, we saw the 19th straight positive Tuesday.
1,700 first. 1,900 after this year.
The worry over defensive stock leadership.
Over the next 12 months.
[credit provider=”Bloomberg Television” url=”http://www.bloomberg.com/video/86217274/”] Dec. 31 (Bloomberg) — The Standard & Poor’s 500 Index will probably surpass its record high in 2013 as bears capitulate and the lure of a four-year bull market pulls “everyone in the pool,” according to Laszlo Birinyi.Expansion in U.S. housing, recovering markets in Europe where […]
[credit provider=”Bloomberg Television” url=”http://www.bloomberg.com/video/86217274/”] Sept. 7 (Bloomberg) — The $1.9 trillion restored to U.S. equity prices in 2012 has pushed the Standard & Poor’s 500 Index within 10 per cent of a record, more than 7 percentage points closer than any country among the world’s biggest stock markets.The benchmark gauge […]
Bond king Bill Gross irked the stock market bulls yesterday when he decided that it was uneconomical for stocks to appreciate at a greater pace than GDP.
[credit provider=”is0b3lpalm3rs0n via Flickr” url=”http://www.flickr.com/photos/[email protected]
/2968292405/”] There will be some weird stuff going on in the S&P 500 index for the next few days.Birinyi Associates pointed us to an announcement from Standard & Poor’s published yesterday about changes to the index. Because Google is acquiring Motorola Mobility Holdings, a new company—Alexion […]
Over the past six months, the S&P 500 has rallied more than 28 per cent, a substantive drive higher that has not been without its sceptics.
[credit provider=”Bloomberg Television” url=”http://www.bloomberg.com/video/86217274/”] Yesterday, we pointed out that 1995 was the last time stocks started a year without a 1 per cent decline or worse on a single trading day. That year, stocks surged 34 per cent.Stock market guru Laszlo Birinyi of Birinyi & Associates also pointed to 1995 […]