FYI: The S&P 500 closed last Friday at 8,850, up 7.92% (TR) YTD, just 150 points away from 3,000. If the benchmark finishes at 3,000 that would be an addition 5.3% return for a 2018 annual return of 13.2%. In early February the Linkster predicted a 3,020 close. I'd be interested in what other MFO Members think. Below is a list of Wall Street's analysis predictions.
Regards,
Ted
Goldman Sachs: David Kostin 2,850
Credit Suisse: Jonathan Golub 3,000
Deutsche Bank: Binky Chadha 3,000
Bank of America Merrill Lynch: Savita Subramanian 3,000
Citigroup Tobias Levkovich: 2,800
UBS Keith Parker: 3,150
BMO Brian Belski: 2,950
JPMorgan Chase Dubravko Lakos-Bujas: 3,000
Oppenheimer John Stoltzfus: 3,000
Fundstrat Global Advisors Thomas Lee: 3,025
Wells Fargo Investment Institute Scott Wren: 2,850
CFRA* Sam Stovall: 3,000
BNY Mellon Wealth Management Jeff Mortimer: 2,850
Canaccord Genuity Tony Dwyer: 3,200
RBC Capital Markets Lori Calvasina: 2,890
BTIG Julian Emanuel: 3,000
Bernstein Noah Weisberger: 3,000
Barclays Maneesh Deshpande: 2,900
