Silver as an investment

Category Archives: Stock valuation

The Deck Is Stacked: Putting Risk & Reward Into Perspective

Authored by 720Global's Michael Lebowitz via RealInvestmentAdvice.com, “The individual investor should act consistently as an investor and not as a speculator.“ – Ben Graham. We are frequently told that valuation analysis is irrelevant because fundamentals do not signal turning points in markets. Scoffers of valuation analysis are correct, as there is no fundamental statistic or […]

“Think 1999”: Morgan Stanley Sees Huge 30% Surge In Stocks “Investors Cannot Afford To Miss”

With Morgan Stanley’s Adam Parker having left the investment bank to continue his career at Eminence Capital, it was up to his replacement, Michael Wilson to come up with the Initiation of coverage report for the “Classic Late Cycle.” So, in keeping a stiff upper lip, and breaking away from the gloom that appears to […]

SocGen Reveals The Best Trading Strategy Of The Year

Despite the recent modest drop in stocks, the S&P remains just shy of all time highs, and near valuations which according to Goldman are at nosebleed levels and which market participants recently admitted are the most overvalued since 2000. Furthermore, with the market seemingly finding itself painfully rangebound in a world where until recently volatility […]

AAPL Reaches New Record High

Just one more thing…   Record high stock price… NOT record high EPS expectations…

Goldman: Investors Will Soon Capitulate

After the inflation in P/E multiples has sent the S&P500 to to a level above the 90% percentile of all historical valuations, Goldman has called a time out, and says that there will be no more multiple expansion. As a result only one thing will push stock prices higher “as equity valuations compress as interest […]

Goldman: Investors Will Soon Realize They Were Too Optimistic

Goldman Sachs really wants the market lower. After several increasingly more comprehensive critiques of Trump’s fiscal policies (most recently this past weekend), on Friday, just as the S&P closed at fresh all time highs propelled by a late day ramp, Goldman’s chief equity strategist who has a 2,300 year end target on the index, cautioned […]

“The Jinga’s Up”

Submitted by Jason Leach via FusionPointCapital.com, "Pulling Awesome Forward", printed on inauguration day, discussed how markets had priced in a lot of good with the S&P 500 rising ~8% since the election. A number of economic "positives" including infrastructure spend, tax reform, healthcare reform, and deregulation built a relentless bid in equity markets. And, myriad […]

Is Janet Yellen Concerned About “A Bubble In Stock Prices”? This Is Her Answer

Three months ago, Janet Yellen was asked during the last FOMC press conference if she was “worried about bubbles in the economy because of our prolonged low interest rates?” Her 169-word response was the following: Yes. Of course we are worried that bubbles will form in the economy and we routinely monitor asset valuations, while […]

2007 All Over Again – Stock Valuations Enter “Crash” Territory

Submitted by John Rubino via DollarCollapse.com, The Trump Christmas stock market rally has taken valuations beyond a point that in the past has signaled trouble, which in turn has generated a lot of cautionary press like the following: Market indicator hits extreme levels last seen before plunges in 1929, 2000 and 2008   (CNBC) – […]

Goldman’s Bear Case In 7 Steps: “We Are In The 98th Percentile Of Historical Valuations”

Having been on the fence about an upside case for the S&P for the greater part of 2016, Goldman’s chief equity strategist David Kostin finally threw in the towel earlier this week when, as we reported, Goldman raised its S&P price target from 2,100 (as of year end 2016) to 2,400 for mid-year 2017 on […]