Barron's Spring Poll: Bullishness from the Groupthink Olympics

The major money managers polled by Barron’s each year are bullish yet again (52% looking for market gains for the rest of the year), but less so than they were last spring (when 59% were bulls headed right into the Euro Crisis Summer).  I think a lot of these cats are bottom-up earnings-driven stockpickers, which is fine.

So for what it’s worth some insight from the herd:

The current crop of bullish investors expects the Dow Jones industrials to rise by 6% through year end, to 13,756, and add another 3% thereafter, to arrive at 14,183 by June 2013. In round numbers that’s a gain of 10% from Friday’s close of 13,029.26, although there is no guarantee the path from here will be smooth.

The Big Money bulls likewise see the Standard & Poor’s 500 adding 6% more this year, to 1456, en route to 1508 by the middle of 2013. The Nasdaq, they say, could rally 7% by year end, to 3211, before reaching 3360 next June.

Source:

Reason to Cheer (Barron’s)

 

 

 

 

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here: https://www.ritholtzwealth.com/advertising-disclaimers

Please see disclosures here.

What's been said:

Discussions found on the web
  1. next commented on Sep 18

    … [Trackback]

    […] Here you can find 25753 additional Info to that Topic: thereformedbroker.com/2012/04/22/barrons-spring-poll-bullishness-from-the-groupthink-olympics/ […]

  2. ufa800 commented on Oct 29

    … [Trackback]

    […] Here you will find 24886 more Info on that Topic: thereformedbroker.com/2012/04/22/barrons-spring-poll-bullishness-from-the-groupthink-olympics/ […]

  3. thepoc commented on Oct 30

    … [Trackback]

    […] Find More on that Topic: thereformedbroker.com/2012/04/22/barrons-spring-poll-bullishness-from-the-groupthink-olympics/ […]

  4. 7lab pharma trenbolone 200 commented on Nov 14

    … [Trackback]

    […] There you will find 14147 additional Information on that Topic: thereformedbroker.com/2012/04/22/barrons-spring-poll-bullishness-from-the-groupthink-olympics/ […]

  5. cc dumps commented on Nov 16

    … [Trackback]

    […] There you will find 89216 more Information to that Topic: thereformedbroker.com/2012/04/22/barrons-spring-poll-bullishness-from-the-groupthink-olympics/ […]

  6. Quality Formula commented on Nov 24

    … [Trackback]

    […] Information on that Topic: thereformedbroker.com/2012/04/22/barrons-spring-poll-bullishness-from-the-groupthink-olympics/ […]

  7. rbc royal bank canada commented on Nov 27

    … [Trackback]

    […] Info on that Topic: thereformedbroker.com/2012/04/22/barrons-spring-poll-bullishness-from-the-groupthink-olympics/ […]

  8. regression testing definition commented on Nov 28

    … [Trackback]

    […] Find More to that Topic: thereformedbroker.com/2012/04/22/barrons-spring-poll-bullishness-from-the-groupthink-olympics/ […]

  9. 어른아이닷컴 commented on Nov 29

    … [Trackback]

    […] Read More to that Topic: thereformedbroker.com/2012/04/22/barrons-spring-poll-bullishness-from-the-groupthink-olympics/ […]

  10. td canada trust easyweb commented on Dec 06

    … [Trackback]

    […] There you can find 97063 more Info to that Topic: thereformedbroker.com/2012/04/22/barrons-spring-poll-bullishness-from-the-groupthink-olympics/ […]

  11. Click Here commented on Dec 12

    … [Trackback]

    […] Read More on on that Topic: thereformedbroker.com/2012/04/22/barrons-spring-poll-bullishness-from-the-groupthink-olympics/ […]

  12. 토렌트사이트 추천 commented on Dec 19

    … [Trackback]

    […] Read More on that Topic: thereformedbroker.com/2012/04/22/barrons-spring-poll-bullishness-from-the-groupthink-olympics/ […]

  13. fake watches commented on Dec 21

    … [Trackback]

    […] There you can find 64194 more Info to that Topic: thereformedbroker.com/2012/04/22/barrons-spring-poll-bullishness-from-the-groupthink-olympics/ […]

  14. judi online commented on Dec 28

    … [Trackback]

    […] Information on that Topic: thereformedbroker.com/2012/04/22/barrons-spring-poll-bullishness-from-the-groupthink-olympics/ […]