This is what passes for analysis in Wall Street

How Long Can Stocks Maintain All-Time Highs? | Watch the video - Yahoo Finance

The title is how long can stocks MAINTAIN their highs. Can someone explain to this writer how MAINTAINING the highs would translate to positive returns? Unless the measly 1.9 pct dividend is what this guruji is referring to?

Re: This is what passes for analysis in Wall Street

The pundit says earnings will accelerate. On what basis was the question. The answer downright flummoxed our staff. Please sit down before you read further.

Re: This is what passes for analysis in Wall Street

The s&p 500 earnings have increased by 6 pct in spite of 1 pct decline in GDP , was the answer?

This is when our staff went berserk.

Re: This is what passes for analysis in Wall Street

In unison they shouted "all you did is financial engineering. Increasing earnings through buyback at all time high. This won't end well".

The eminent sage then explained he expected earnings to accelerate. Because tech stocks with sales abroad can increase earnings by selling more stuff abroad. He expects earnings to grow by 8 pct this year.

He didn't offer any insight on what returns we can expect going forward. A vague statement of next 6 months will be good for the market.

Re: This is what passes for analysis in Wall Street

He added market is slightly overvalued. Did not provide anything to back his claim that it is only slightly overvalued.

Smoke and mirrors.

Re: This is what passes for analysis in Wall Street

I agree with you, maintaining the high notes on stocks does eventually lead to bigger and better monetary results plus confidence on the stock.

Re: This is what passes for analysis in Wall Street

And confidence in the stock market means everyone wants in. A good contrarian indicator?

Re: This is what passes for analysis in Wall Street

All alone, no , not at all .. I mean there must be other factors that will help determine the market sentiment for sure

Re: This is what passes for analysis in Wall Street

The other factors - valuation, financial engg, low interest rates keeping mkt afloat. I don't know. Looks frothy. Anyway right on cue mkt down 1.1 pct in 2 days.

Re: This is what passes for analysis in Wall Street

https://finance.yahoo.com/news/individual-investor-winning-not-pros-220634821.html

Dennis Gardner is special. Panicked on Oct 16 when mkt dropped 9.5 pct. And is bullish AFTER mkt rose 10.2 pct.

He ends with " Mark this down. This is a bull market and will continue to be a bull mkt till 8 stops being a bull market."