America's Economic Future – A Discussion By Ted Kavadas
Yesterday (January 4, 2012) The Wall Street Journal had an article titled “Street Wary on Its Random Walk.” In this article, 2012 S&P500 price forecasts from 13 financial firms are displayed and discussed. As seen in the subtitle, the strategists at the 13 firms expect, on average, for the S&P500 to end 2012 at 1334, …
On June 29 I wrote a blog post titled “Financial Stocks – Notable Price Action.” I continue to believe that the “price action” of various financial stocks is disconcerting. I view the poor performance of these financial and brokerage stocks to be one indicator among (very) many that serves as a “red flag” as to …
In the June 29 post (“Financial Stocks – Notable Price Action”) I wrote the following: I think that the relatively poor “price action” of various financial stocks is notable. It is one of many current indications that overall stock market health is not as strong as a casual glance at the major indices would indicate. …