Tom DeMark Says U.S. Stocks at Risk of 11% Decline – Bloomberg 05-02-14

Salient to Investors:

Tom DeMark at DeMark Analytics said the DJIA will start declining if we get one daily close above 16,581, accompanied by an intraday high exceeding 16,661. DeMark said markets top on good news, not bad news, when you have exhausted the last vestige of buying.

Sam Stovall at S&P Capital IQ said the S&P 500 has risen for nearly 31 months without a decline of 10 percent or more, versus the average of 18 months since 1945.

Jeremy Grantham at Grantham Mayo Van Otterloo said the S&P 500 is 65 percent overvalued but will climb above 2,250 before collapsing after the next US presidential election.

The median economist expects the unemployment rate to fall to 6.6 percent this month.

Read the full article at http://www.bloomberg.com/news/2014-05-02/tom-demark-says-u-s-stocks-at-risk-of-11-decline.html

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Happy Birthday, Bull Market! – Business Insider 03-06-14

Salient to Investors:

Sam Stovall  at S&P Capital IQ said there have been a limited number of 6-year bull markets and if this market becomes a six-year bull market and performs similar to the others it would rise 26% to beyond 2340. 

Read the full article at http://www.businessinsider.com/bull-market-birthday-2014-3?nr_email_referer=1&utm_source=Triggermail&utm_medium=email&utm_term=Markets%20Chart%20Of%20The%20Day&utm_campaign=Moneygame_COTD_030614

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CHART OF THE DAY: Happy Birthday, Bull Market!

Most U.S. Stocks Fall as Manufacturing Unexpectedly Drops – Bloomberg 06-03-13

Salient to Investors:

John Lynch at Wells Fargo Private Bank said ISM was decidedly negative, and bad news can only be good news for so long for stock prices – at some point it will impact earnings and market levels.

Sam Stovall at S&P said the rally and strong start to the year may indicate further gains for stocks in June because there have been 13 7-month winning streaks since 1945 followed by an average 0.4 percent rise in the 8th month as stocks rose 62 percent of the time. The S&P 500 advances in January and February is bullish because the index has advance in each of the 26 years with such positive start since WWII.

Read the full article at http://www.bloomberg.com/news/2013-06-03/u-s-stock-futures-are-little-changed-before-factory-data.html

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U.S. Stocks Fluctuate Amid Europe Woes, Economic Reports – Bloomberg 06-26-12

Salient to Investors:

Hank Smith at Haverford Trust sees the market bouncing along the bottom.

Laura Martin at Needham said academic research shows that the greater the diversity on a corporation’s board, the higher the returns to shareholders.

Sam Stovall at S&P said the lack of direction is understandable given investors await the outcome of the upcoming election.

  • U.S. shares have returned 5.7 percent in election years since World War II, the second-worst performance during four-year executive branch terms.
  • The S&P index posts an average gain during the third quarter of election years, but is just as likely to rise as fall.
  • The lowest point during years of presidential votes have come in the first half 71 percent of the time.
  • The most consistent gains come in the final quarter, when the S&P has risen 81 percent of the time.
  • Only in 2 of the 17 election years since 1944 did the S&P Index bottom in Q4, in 2000 and 2008, when Internet and housing bubbles burst.

Read the full article at http://www.bloomberg.com/news/2012-06-26/u-s-stock-futures-gain-before-consumer-confidence-data.html