On December 1, 2010 and December 14, 2010, LANGE FINANCIAL SERVICES gave us their targets for the S&P 500 for 2011 and 2012, being $100.00 and $110 respectively. See re-post and link below. We now have firms like Standard and Poor’s, Collins Stewart, Deutsche Bank, Citigroup and others now at about $100 or more for 2011. It looks like…
Superbowl Sunday and Ronald Reagan’s 100th Birthday! Lange Financial Services- Sunday February 6, 2011 1:15pm Employment figures released Friday were greatly distorted by the weather and seasonal adjustments. New hires were 36,000 with economists looking for an additional 100,000. Some 500,000 plus workers were no longer looking for work bringing the unemployment rate down to 9.0% from 9.4%. 1.2 million…
Just in this evening from Fred and Rob at Lange Financial Services. LANGE FINANCIAL SERVICES- UPDATE JANUARY 31, 2011 9:45PM Market prospects remain excellent despite some possible near term consolidation and some mid east political concerns. Statistically, the market remains historically cheap. Goldman Sachs [GS] restated its earnings forecast of $96 and $106 for 2011 and 2012 respectively for the…
Jan. 31 (Bloomberg) — David Kostin, chief U.S. investment strategist at Goldman Sachs & Co., talks about the impact of the unrest in Egypt on U.S. stocks and the outlook for technology and energy stocks. Kostin, speaking with Erik Schatzker and Deirdre Bolton on Bloomberg Television’s “InsideTrack,” said the Standard & Poor’s 500 Index will close 2011 at 1,500. (This…
Today was looking good before the open, then we had the combination of a slightly weaker than expected GDP Report coupled with extreme tensions, rioting, and a government uprising in Egypt. Obviously this double whammy hurt the markets and stocks and additionally, so many have been looking for the 5 to 10 percent ” correction” that this too exacerbated the…
Just now received this market update from Lange Financial Services. Fred and Rob at LFS have been extremely bullish, as published on this site, since the beginning of August 2010 and after reading this now, we see that they remain so. As one can see today as well, the market opened down with little or no selling pressure ensuing, and…
Received this last night and we wanted to post it here as it falls in line with our thinking and theme we have been posting on this site for some time now. Even with all the Bullish sentiment, Investors could be still suprised on the upside. We continue to add to positions and suggest buying on any weakness or “dips”.…
We are starting a new section on The Wall And Broad Report called “Random Comments”. This will be brief thoughts that we hope to be meaningful to investors and traders but not so long for the need to take up an entire post on the site. You can also follow these Random Comments and other posts in real time on…