highhand
11-19 19:42
now it's Greed time, and Euphoria... so I would generally be cautious. Any entry into equities would have to be after a pullback. The deeper the pullback, the better. SPX will definitely hit 6500, the question is when. I think probably next year... keep some pump for 2025. Don't use up all the fuel. Later cannot reach Mars.
S&P Target 6500? Is It Safe to Invest at High Levels?
With $.SPX(.SPX)$ recently surpassing the 6,000 point, major institutions have expressed optimism about the U.S. stock market's outlook for next year: Morgan Stanley: Set a base-case year-end 2025 target for the S&P 500 at 6,350 points, with a bullish scenario target of 7,400 points. ---------- Will you still invest in US stocks despite of high valuations and low risk premium? Can $.SPX(.SPX)$ hit 6500 as analysts suggest?
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