Here's why BMO Capital hiked S&P 500 target to the highest on Wall Street
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- เผยแพร่เมื่อ 14 พ.ค. 2024
- Brian Belski, chief investment strategist at BMO Capital Markets, joins 'Halftime Report' to explain why BMO is raising its price target to the highest on Wall Street.
The last few years have taught us that the "experts" don't know nuttin.
If you believed the Permabear narrative and those guys who have flames in their TH-cam thumbnail, you missed this whole rally.
Why? Because they want to. Market makers, pension funds can do whatever they want. No fear in this market
I remember when the mantra was " sell in May and go away."
"Buy in May, and plan to stay"
We did have a bit of a cool off there in April. That was the dip to buy. The traders pushed "sell in May" earlier than expected.The real action comes after the blow off when summer is getting going and starting to end. If stocks can consolidate, not fall too much, and regain composure, then we will continue higher into the beginning of 2025 until problems arise again after tax season.
is it really worth investing in stocks in 2024, I’ve been on the sidelines watching the market for awhile and it seems to be pretty stagnant to me not that it matters because I’m in it for the long run, but how can one generate actual profit in this current market?
It may be a good idea to speak with a financial advisor who can help you develop a portfolio based on your individual goals and risk tolerance.
Partnering with a financial advisor has transformed my approach to investing. Their expertise and personalized guidance have not only helped me navigate complex financial markets but also optimized my portfolio to achieve my long-term goals efficiently.
Your advisor seems competent. Could you share how I can reach out to them? I've recently sold some property and am interested in investing in stocks, and I'm seeking guidance.
Jennifer Leigh Hickman is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
Wow, her track record looks really good from what I found online. I'll take a chance and see how it goes. Thanks for the info
5 months numbers came hot but no one gave a low target one month good numbers all come to give higher numbers
Ed Yardeni gave this target months ago
Like cadada's BMO knows better than any of us.
so this is ok but not kitty kit...
Exactly
DCA for the win, just keep buying. The market is designed to go higher. It is higher from the 80s, 90s, 2000s,2010s, and it will be higher in the 2020s. So just keep buying.
S&P at 5600? Here's to Bill Brasky!!
Skys the limit 🚀
They must have a position in precious metals mining companies. Those stocks (the best ones) have been on a tear since March 2024. Even Nemont was up 34% in the last quarter.
It's just another 5% from here. S&P already up 11 % YTD
Bulls walk up the stairs, bears jump out the window
EVEN A MIDDLE SCHOOLER KNOWS 5600 ROUNDS UP TO 6.. RATHER 6000.. WHICH SHOULD BE THE CORRECT TARGET FOR 2024... THAT IS BOLDLY SPEAKING, OR ROUNDED DOWN TO 5000... AS EASILY... BUT IF WE GO BY THE MEDIANS.. THE LOWER FIGURE SHOULD COME DOWN TO 4500 OR SO
Painful correction but when.
right before election, then rally afterwards
Yeah you can set a target, doesn't mean you'll hit it.
And if you miss it, hoooo boy, then there's trouble.
When they say buy buy buy. Thats when u should sell..didnt this 10 years teach u anything..human always forget
Oh 4
💰💵💵💵💵💵💵💵💰
Tom was at 5600 first
I’m just going to be a Permabull lol
I am curious, As a soon-to-be retiree, keeping my 401k on track after a bumpy 2022 is a high goal. I've read about investors generating up to $250k ROI in this present sinking market; any suggestions for increasing my ROI before retirement would be greatly appreciated.
Yes, you are right. it's been a brisk tailwind for investors in US stocks over the decades but it is still a delicate season now, so I advise you to consider the guidance of a financial advisor.
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one.
Actually its a Lady. Yes my go to person is a Leicia Zavala Perkins . So easy and compassionate Lady. You should take a look at her work.
Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many thanks.
Damn he's an even bigger BULL than Tom Lee LOL!
Only 5,600 ? Are they stupid or what ? We will see 6,200 by year end !
It will climb to 7000 next 18 m9nths then fall 50% to 3500
Climbed 26 % week.. Fisker.. FSRN. Global expanding Dealerships for award winning Ocean Suv EVs. Lillium Evtol Jets... Archer Evtol Jets... ChargePoint...Blink Charging, more. The EV future grows stronger daily globally.
Fisker will be bought up.
It will be 0 cuts, we aren't close to 2%
rate cuts don't matter. What matters to the market is that the fed is dovish and that it has their backs
@@briantep458 I honestly don't know much about the market, I don't know what will happen but not sure if there is much money to drive the market up much more.
Crack up boom
All the Build back better complies are S & P complies 😅 Hello they told everyone. The S& P runs the Market not the DOW. Just watch the VIIXs😅
S&P 500 won't go much higher than current level😋So time to sell your shares🙃, or use at least a stoploss on everything🤨
Three liars here. See who can lie the most
snake oil salesmen. Ai..big tech..large cap..generative ai..oh did I mention A-eyeeee? Ai isn't going to put food on the table or pay your bills.
Keep being bearish looking for doom around every corner while we get rich. There is always something you could look at and say why we shouldn’t go up. Can give you a bunch of reasons. The world has been on the brink of collapse for people like you my entire life.
Tec this is Qualcomm all over again. 2000 bust. Tech got you to believe you were rich. Then the hammer came down. Remember IBM already has a Quantum Computer 😅buy IBM
Sure you guys know more than everyone else…
This is why history repeats itself. We see hype sectors in the past and then it pops. People always fall for it and get into FOMO. And then one day, out of no where POP. AI hype should be rise of the robots not your smartphone being able to automatically enhancing your photo or translate your sentence. That’s just silly. All the actual economic data and reports are negative, investors are in FOMO and market makers are taking advantage $$$
this is not a channel about paying your bills. Its a channel about the stock market and how companies and grow their earnings to return more value to their shareholders.
She has been holding out in Halloween candy