"We capitulate on our 'correction call,'" says JPMorgan's Tom Lee, bullish again after a brief foray into the bearish camp. Lee says the economy is stronger than he anticipated and even weak data (see retail sales earlier) is being "looked through." [View news story]
The judge presiding over Greenlight Capital's suit against Apple (AAPL) over the bundling of proposals within its proxy says Greenlight has shown a "likelihood of success," suggesting a ruling in Greenlight's favor is on the way. Apple's shareholder meeting arrives on Feb. 27. (previous) Update (5:19PM ET): Full quote from Reuters. "Candidly I do think the likelihood of success is in favor for Greenlight," says district judge Richard Sullivan. Should the case go forward, he'll focus on whether Greenlight would be irreparably harmed by a bundled vote. [View news story]
How can a presiding judge offer an opinion on a pending suit?
Laszlo Birinyi Expects The S&P500 To Reach 1600 Before The Year Ends [View article]
This guy got paid for this prediction? Does 55% chance up mean 45% chance down? Isn't that close to 50-50? Big deal.
Besides, Dec OTM calls? Why not wait for a low instead of buying at the high? He will need a miracle to overcome the time decay [theta.] Sorry, like, not impressed. Totally.
Not surprising given the firm's 1575 target for the S&P 500 next year, Goldman's Global Strategy Team upgrades U.S. equities to Overweight for the next 3 months. Global growth is "a hump to get over, then a clear road ahead," is #1 among the Top 10 themes for 2013. [View news story]
My previous comment was in regard to the {lack of] "global growth being a hump to get over." Sure. I'm ready, I do my part. But what of Goldman's call of SPX at 1250 at he end of 2012? Was that a joke, a red herring? Or a springboard to infinite prosperity and profits? Honestly, why does anyone listen to them anymore?
Not surprising given the firm's 1575 target for the S&P 500 next year, Goldman's Global Strategy Team upgrades U.S. equities to Overweight for the next 3 months. Global growth is "a hump to get over, then a clear road ahead," is #1 among the Top 10 themes for 2013. [View news story]
Sure. The world is rioting, burning, striking, warring, languishing in unemployment, starving. But there still id demand for iPads. Bullish!
Goldman Sachs (GS) may release documents showing that a scathing Senate report about its role in the financial crisis contains sloppy math and incomplete analysis, sources say. Goldman believes the report drastically overstates its bets against the housing market in 2007. [View news story]
"We capitulate on our 'correction call,'" says JPMorgan's Tom Lee, bullish again after a brief foray into the bearish camp. Lee says the economy is stronger than he anticipated and even weak data (see retail sales earlier) is being "looked through." [View news story]
What's not to like?
The judge presiding over Greenlight Capital's suit against Apple (AAPL) over the bundling of proposals within its proxy says Greenlight has shown a "likelihood of success," suggesting a ruling in Greenlight's favor is on the way. Apple's shareholder meeting arrives on Feb. 27. (previous) Update (5:19PM ET): Full quote from Reuters. "Candidly I do think the likelihood of success is in favor for Greenlight," says district judge Richard Sullivan. Should the case go forward, he'll focus on whether Greenlight would be irreparably harmed by a bundled vote. [View news story]
Laszlo Birinyi Expects The S&P500 To Reach 1600 Before The Year Ends [View article]
Does 55% chance up mean 45% chance down?
Isn't that close to 50-50?
Big deal.
Besides, Dec OTM calls? Why not wait for a low instead of buying at the high?
He will need a miracle to overcome the time decay [theta.]
Sorry, like, not impressed. Totally.
Is The Stock Market Cheap? [View article]
Android Is Dead, Part 5: Number Of Players [View article]
As a real life example, I have done due diligence, and I am about to buy a Chromebook, a Nexus 10 tablet and a Nexus 4 smartphone.
Not surprising given the firm's 1575 target for the S&P 500 next year, Goldman's Global Strategy Team upgrades U.S. equities to Overweight for the next 3 months. Global growth is "a hump to get over, then a clear road ahead," is #1 among the Top 10 themes for 2013. [View news story]
Sure. I'm ready, I do my part.
But what of Goldman's call of SPX at 1250 at he end of 2012?
Was that a joke, a red herring?
Or a springboard to infinite prosperity and profits?
Honestly, why does anyone listen to them anymore?
Not surprising given the firm's 1575 target for the S&P 500 next year, Goldman's Global Strategy Team upgrades U.S. equities to Overweight for the next 3 months. Global growth is "a hump to get over, then a clear road ahead," is #1 among the Top 10 themes for 2013. [View news story]
Goldman Sachs (GS) may release documents showing that a scathing Senate report about its role in the financial crisis contains sloppy math and incomplete analysis, sources say. Goldman believes the report drastically overstates its bets against the housing market in 2007. [View news story]