This page has been archived and commenting is disabled.

Goldman's 2014 S&P Target Is Just 10 Points Away

Tyler Durden's picture




 

As we entered the year, Goldman Sachs set out a target of 1,900 for the S&P 500 by the end of 2014. Thanks to the plethora of bad news (which, obviously, is great news) and the promise of more money printing if things get worse, with the mini-melt-up of the last few days (ahead of the ECB hope tomorrow and traders desire for a dismal print at Friday's NFP), the S&P 500 is now within 10 points of Goldman's year-end target (it seems 104.50 USDJPY will do it). The Dow is also about to go green year-to-date for the first time in 2014.

 

The S&P is within 10 points of Goldman's year-end target (just 9 months early?)

 

Trannies are the best YTD but the Dow is about to go green for

 

Why?

 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Wed, 04/02/2014 - 10:50 | 4617280 toys for tits
toys for tits's picture

Janet Yellen is staying in line better than Goldman thought she would.

Wed, 04/02/2014 - 11:01 | 4617317 Manthong
Manthong's picture

With this insane rigged market, Obama’s New York Nuke would likely punch the S&P through 2,000.

Wed, 04/02/2014 - 11:12 | 4617362 cifo
cifo's picture

S&P 2k is only 5% higher. Easy to achieve. By May 2014.

Wed, 04/02/2014 - 11:13 | 4617364 DavidC
DavidC's picture

No, no Manthong, you don't understand, it's not rigged...

DavidC

(sarc off)

Wed, 04/02/2014 - 10:54 | 4617293 Two-bits
Two-bits's picture

Every last drop must be squeezed out on the way up to make room for all of the money to be made on the way down.

Wed, 04/02/2014 - 10:55 | 4617295 Dr. Engali
Dr. Engali's picture

We don't have a bull market, we have a dying currency.

Wed, 04/02/2014 - 11:22 | 4617390 asteroids
asteroids's picture

We have a fiat market. A market whose price is determined by politicians and banksters. There is no risk, just moral hazard.

Wed, 04/02/2014 - 10:56 | 4617298 ebworthen
ebworthen's picture

And Goldman Sachs is supposedly "against" HFT trading.

More than likely they just want to hurt the competition.

That last chart pretty much says it all.

End the FED, hang the bankers.

Wed, 04/02/2014 - 10:56 | 4617301 q99x2
q99x2's picture

Hook up a dolla electron at the FED run it into the computer and convert that electron into stock.

FED's software works like a charm.

Wed, 04/02/2014 - 11:09 | 4617351 Cocomaan
Cocomaan's picture

9 months?

who is pregnant? yellen?

Wed, 04/02/2014 - 11:11 | 4617358 The_Ungrateful_Yid
The_Ungrateful_Yid's picture

Cant be, she's a he.

Wed, 04/02/2014 - 11:14 | 4617367 Cocomaan
Cocomaan's picture

It's 2014, anything is possible.

Wed, 04/02/2014 - 11:17 | 4617377 SheepDog-One
SheepDog-One's picture

Huh....sure all looks legit to me!

Wed, 04/02/2014 - 11:24 | 4617402 toros
toros's picture

So let me get this staight; the S&P is at an all time low vs the total US public debt? 

Wed, 04/02/2014 - 14:09 | 4618031 Bryan
Bryan's picture

*sigh*  Get out your S&P 2000 hat then.  These stupid, self-fulfiling prophesies are getting old.

Do NOT follow this link or you will be banned from the site!