The $SPY closed .42 cents shy of my 156.45 target for the year. I compared my expectation with other highly intelligent ANALysts, and I am pretty much in the ball park.
2013 S&P Targets
Wells Fargo 1,390
UBS 1,425
Morgan Stanley 1,434
Deutsche Bank 1,500
Barclays 1,525
Credit Suisse 1,550
HSBC 1,560
Jefferies 1,565
Goldman Sachs 1,575
BMO Capital 1,575
JP Morgan 1,580
Oppenheimer 1,585
BofA Merrill Lynch 1,600
Citi 1,615
FUINHAZ 156.45 ($SPY)
Well I don’t consider myself an analyst, and I don’t get paid by anyone if I get this right or wrong. I have been right before, so I am holding my opinion with a lot of curiosity to what will happen when we get to that mark.
$SPY 1st support is 155.54 2nd support 154.95 and 3rd is 154.55
$SPY 1st target is 156.45, 2nd is 156.70, 3rd is something we have never seen it before.
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