This page has been archived and commenting is disabled.
Goldman's 2014 S&P Target Is Just 10 Points Away
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?
»
- 5484 reads
- Printer-friendly version
- Send to friend
- advertisements -
Janet Yellen is staying in line better than Goldman thought she would.
With this insane rigged market, Obama’s New York Nuke would likely punch the S&P through 2,000.
S&P 2k is only 5% higher. Easy to achieve. By May 2014.
No, no Manthong, you don't understand, it's not rigged...
DavidC
(sarc off)
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.
We don't have a bull market, we have a dying currency.
We have a fiat market. A market whose price is determined by politicians and banksters. There is no risk, just moral hazard.
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.
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.
9 months?
who is pregnant? yellen?
Cant be, she's a he.
It's 2014, anything is possible.
Huh....sure all looks legit to me!
So let me get this staight; the S&P is at an all time low vs the total US public debt?
*sigh* Get out your S&P 2000 hat then. These stupid, self-fulfiling prophesies are getting old.