Seeking Alpha

"All of a sudden, THE BULLS WE... writes Josh Brown, adding it all up over the past 2...

"All of a sudden, THE BULLS WE... writes Josh Brown, adding it all up over the past 2 days. Vince Farrell tells Bloomberg this is the best buying opportunity in 40 years, Barton Biggs - more contrarian indicator than sage adviser - goes 90% long, Citi calls for the next Industrial Revolution, and Goldman says "stocks are impossibly cheap relative to bonds."
Comments (8)
  • HoeTamer
    , contributor
    Comments (186) | Send Message
     
    These calls to invest parked money by swearing the market is cheap are ridiculous. Taking into account Europe is unsettled, businesses won't hire, the political climate is sour, the housing market stinks, no one trusts the banks, no one trusts the governments tax policy, and Obamacare is here. Gee, I can't imagine why investors are staying out of the market.
    21 Mar 2012, 11:39 AM Reply Like
  • Chris Bersaw
    , contributor
    Comments (582) | Send Message
     
    Sounds like the smart money is getting nervous at these lofty levels with no one interested (retail investors) in buying these "undervalued" stocks from them lol.
    21 Mar 2012, 11:44 AM Reply Like
  • Tommy_Finger
    , contributor
    Comments (320) | Send Message
     
    I think we'll at least hold around here until the fund managers can lock in their numbers by the end of the month (end of quarter).

     

    After that, we'll have to see if S&P 1405 can be taken out convincingly.
    21 Mar 2012, 12:01 PM Reply Like
  • Joe Dirnfeld
    , contributor
    Comments (1128) | Send Message
     
    Goldman has no credibility. Their trust is broken.
    21 Mar 2012, 12:10 PM Reply Like
  • User 462216
    , contributor
    Comments (95) | Send Message
     
    I agree with all three of the first comment. Personally I don't care what transpired yesterday cause that is done and I don't care what will happen tomorrow because no one knows and I have no control over that. The only thing I need concern myself with is can I press the sell button when my numbers are in the green without being to greedy. Green is my new favorite color. My health and my attitude and family and friends are what is most important....the rest is just bla bla bla. I think the term is rinse and repeat.
    Good Day
    21 Mar 2012, 12:18 PM Reply Like
  • bbro
    , contributor
    Comments (9322) | Send Message
     
    S&P trades now 1.33 times sales...which is near the high ratio for the
    last 2 years....EPI trades sub .98...it was 1.60 a year ago...
    21 Mar 2012, 01:26 PM Reply Like
  • altcap
    , contributor
    Comment (1) | Send Message
     
    We all know Goldman Sachs has the best interest of their clients and the investing public at heart. If Goldman says that equities are undervalued and that we're in for the best growth period in decades it must be true. I, mean, seriously folks. We all know that Goldman, Bank of America, Citi, Wells Fargo and the rest are compassionate and morally upright professionals that always put the best interests of their clients first and scrupously observe ethics in their business dealings with their clients, their peers, the government, and the investing public. So, take this call seriously and start investing muppets...
    21 Mar 2012, 01:33 PM Reply Like
  • daro
    , contributor
    Comments (1506) | Send Message
     
    that is true but I was mildly surprised when Barron's said that Mr. Greg Smith is naive to think that Goldman, a securities broker subject to fiduciary duties, should actually put their client's interests ahead of their own. I know there are a lot of brokers who do not comply with their legal obligations. But it was a little unusual for a journalist to say that a former employee of a major wall street investment bank is naive to think they should comply with their legal obligations.
    21 Mar 2012, 03:48 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|