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Traders Cafe
(Total Views: 65)
Posted On: 02/15/2019 5:51:45 PM
Post# of 27274
Posted By: dw
Investors May Have Already Missed Out
on the bulk of the market's gains this year!!!!!!!!
The stock market is off to its best start in 32 years, portending a tough road ahead for more gains.
There are a number of positive points, including favorable valuations, a dovish Fed and stimulus effects, according to Jim Paulsen, strategist at the Leuthold Group.
"I wouldn't be surprised at a healthy pullback that scares people again, but I just think the fundamentals are there," an optimistic Paulsen said.
The median projection for full-year 2019 for the S&P 500 is 2,950, or about 7.5 percent from Thursday's close.
Jeff Cox | @JeffCoxCNBCcom
Published 3 Hours Ago Updated 1 Hour Ago
CNBC.com
https://www.cnbc.com/2019/02/15/investors-may...-year.html

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