Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
Hmmmmm ...guess he already read the report or?
Kudlow says Friday's GDP number is going to be 'big'
https://www.cnbc.com/2018/07/26/kudlow-says-fridays-gdp.html
Kudlow says Friday's GDP number is going to be 'big'
- White House economic advisor Larry Kudlow said Friday's GDP release will reflect "big" growth for the U.S. economy.
- Economists surveyed by Reuters expect the gain to be 4.1 percent, a range Kudlow says sounds about right, though he has no official information about the report.
https://www.cnbc.com/2018/07/26/kudlow-says-fridays-gdp.html
I always find these articles hilarious....this guy thinks because this happened twice before and because it's showing signs it's happening again he thinks the s&p is headed into a huge year end rally....haaaa.
The S&P 500 is about to do something it hasn't done in a midterm election year since Dwight D. Eisenhower occupied the Oval Office. It's on track to end July in the green after a positive April, May and June.
That's a rare bullish sign, according to Jeffrey Saut, chief investment strategist at Raymond James.
"There's only been two years in the midterm election years going back decades where the market has been up in April, May, June and July and it was only 1954 and 1958," Saut said on CNBC's "Trading Nation." "Each one of those times, the market, after a soft first part of August, rallied sharply into year-end."
In 1954, from the end of July through to the end of December, the S&P 500 rallied 16.5 percent. Over that same period in 1958, the index surged 17 percent.
Saut expects a similar pattern this year. He sees the S&P 500 regaining records set in January and ending north of 3,000. A move to at least 3,000 represents 7 percent upside from current levels.
https://www.cnbc.com/2018/07/31/the...t-hasnt-done-since-eisenhower-presidency.html
The S&P 500 is about to do something it hasn't done in a midterm election year since Dwight D. Eisenhower occupied the Oval Office. It's on track to end July in the green after a positive April, May and June.
That's a rare bullish sign, according to Jeffrey Saut, chief investment strategist at Raymond James.
"There's only been two years in the midterm election years going back decades where the market has been up in April, May, June and July and it was only 1954 and 1958," Saut said on CNBC's "Trading Nation." "Each one of those times, the market, after a soft first part of August, rallied sharply into year-end."
In 1954, from the end of July through to the end of December, the S&P 500 rallied 16.5 percent. Over that same period in 1958, the index surged 17 percent.
Saut expects a similar pattern this year. He sees the S&P 500 regaining records set in January and ending north of 3,000. A move to at least 3,000 represents 7 percent upside from current levels.
https://www.cnbc.com/2018/07/31/the...t-hasnt-done-since-eisenhower-presidency.html