The S&P 500 will top soon at 2925-2930

Will the S&P 500 top at 2925-2930 ?

  • Hell yes your short term top will be correct again

  • Hell no the bull market will set new all time highs and trade above 3000

  • You're still a fool for STFT

  • Who cares Desperado trades Billion dollar FX accounts recruited from twitter

  • Baron is still 12% body fat and will kick your a$$

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CNBC says "the first rate cut, when the economy isn’t in a recession, leads to a stock market rally 100% of the time, according to data compiled by Fundstrat going back to 1971. But in the last two cycles, the Federal Reserve cuts didn’t come in time, Tom Lee, Fundstrat Managing Partner and the Head of Research, said in a note to clients Wednesday."
https://www.cnbc.com/2019/07/10/whe...-stocks-go-higher-100percent-of-the-time.html


so it means SPX would have about +300 points on the up side? (10% gain in the next three months (the number is from the article)
 
From s$p 2000 to 3000 here are some winners since 8/26/14, almost 5 years ago...

Just to let you know there is absolutely no way those FANG stocks have that win streak in the next 5 years!




S&P: FANG the big winners

(since 8/26/14)

  • Amazon up 488%
  • Netflix up 455%
  • Microsoft up 205%
  • Facebook up 164%
  • Apple up 100%
Semis were also dominant, with big gains from Nvidia, AMD, and Broadcom.

Semiconductors (since 8/26/14)

  • Nvidia up 728%
  • AMD up 706%
  • Broadcom up 264%
  • Xilinx up 182%
But there's an even broader trend. The biggest companies keep getting bigger, particularly tech-themed companies like Visa and Mastercard (fintech) as well as Cisco. There are a few non-outliers like UnitedHealth and Home Depot that have been big outperformers, but not many.

S&P winners: The big get bigger

(since 8/26/14)

  • Visa up 231%
  • Mastercard up 266%
  • Cisco up 120%
  • UnitedHealth up 190%
  • Home Depot up 133%
Most consumer names are right in the middle of the pack.

Consumer stocks: Middle performers

(since 8/26/14)

  • Pfizer up 51%
  • Walmart up 50%
  • Johnson & Johnson up 40%
  • Procter & Gamble up 36%
  • Coca-Cola up 25%
With a few exceptions (J.P. Morgan and Bank of America), banks have been notable underperformers.


https://www.cnbc.com/2019/07/10/loo...losers-on-the-trip-to-3000-by-the-sp-500.html
 
HeSaidSheSaid said:
CNBC says "the first rate cut, when the economy isn’t in a recession, leads to a stock market rally 100% of the time, according to data compiled by Fundstrat going back to 1971. But in the last two cycles, the Federal Reserve cuts didn’t come in time, Tom Lee, Fundstrat Managing Partner and the Head of Research, said in a note to clients Wednesday."
https://www.cnbc.com/2019/07/10/whe...-stocks-go-higher-100percent-of-the-time.html


so it means SPX would have about +300 points on the up side? (10% gain in the next three months (the number is from the article)
More...



Just like that they cut rates and a 100% chance of a rally. They should just knock down rates to negative 7.75% and hand out everyone money, will get to Dow 187,986 and will just keep going and going and going. Unlimited upside!
 
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