Another bottom caller: Bob Doll, Chief Investment Officer at Blackrock, called a bottom this morning on CNBC’s Squawk Box (9 minute video clip).
The market is bouncing around a lot, up big one day, down big the next, on not a lot of news. For example, last week it was down big on Tuesday, up big on Wednesday. It was up big yesterday…
Legendary investor Bill Miller, manager of the Legg Mason Value Trust which beat the S&P 500 for 15 straight years before underperforming in 2006 and again in 2007, appears to have called the bottom in his most recent quarterly letter…
Homebuilders have been on fire this week mainly, it seems, on the strength of a Monday upgrade by Citigroup Homebuilder Analyst Stephen Kim. Check out the moves in some of these builders (as of Fri 10/5, 1pm EST): KB Home…
Two Thursdays ago, Goldman Sachs came out with their 2011 US Equity Forecast titled “Easy Money, Hard Market”. But they aren’t forecasting too hard of a market given that they are targetting 1450 on the S&P by year end. CNBC…
CNBC’s NYSE floor reporter Bob Pisani has been reporting today that Laslo Birinyi, Forbes columnist and well followed market analyst, has gone short term bullish in a note released late night characterizing his position as “a churning market within a…
Monday after the close I suggested that the NASDAQ’s rally off last week’s lows might be petering out due to rising interest rates and resistance at the 50 DMA. Tuesday’s 1.95% rise in the NASDAQ combined with the continued rise…