Laszlo Birinyi: The Stock Market Will Make New Highs This Year

Ted

FYI: (Click On Article Title At Top Of Google Search)
For four decades, Laszlo Birinyi has scoured the stock market for clues about where it is headed, focusing especially on sentiment indicators that suggest how investors feel about the Standard & Poor’s 500 index and individual equities. That has made his stock market research a must-read for many big investors, who also appreciate the dollops of market history he doles out with his investment forecasts.
Regards,
Ted
https://www.google.com/#q=The+Stock+Market+Will+Make+New+Highs+This+Year++Barron's

BenWP

A very politely written article that points out how often Birinyi has been wrong. On the surface, because there isn't much detail in the article, Mr. B hasn't made much dough for his clients, either.

Ted

@BenWP CXO Advisory gives Birinyi a 52% average well above the norm.
Regards,
Ted
Laszlo Birinyi Bemusings:
http://www.cxoadvisory.com/2738/individual-gurus/laszlo-birinyi/#more-2738

Derf

Not one person from MFO made the list !
Derf

BenWP

@Ted: I thought a perma-bull such as LB, would have kept up with the S&P, but his clients under-performed the index by about 4 percentage points, according to the article. Leslie Norton does says that some of those accounts had high cash positions. I wish I could get away with saying, "I was constructive on the market," when what I ought to say is I lost my shirt.