For the 2012 the Dow Jones is on track to close up 5.9%. The S&P 500 is set to close up 4 points which is only a .3% increase for the year, basically flat. The NASDAQ is down 37 points for 2011, down 1.4%. So what about 2012, how will stocks do?
It was a volatile year to say in the least. Volatility was high throughout 2011, with the S&P 500 climbing 9% at its peak, and falling 14.5% to its bottom. The CBOE Volatility index was up about 29% this year.
As for 2012, Mastery considers the opinion of Doug Kass. Kass was on CNBC earlier this week, here are his comments:
"I think the S&P will eclipse the early 2000 high of around 1,525 — in the beginning I think the market is range bound but by late spring and early summer I think we see (bullish) catalysts move the market." Best part is Kass believes the Occupy Wall Street will have a positive impact on stocks. Here is the video (commentary continues below):
Keep in mind fellow Masters Doug Kass was on the money for 2011 saying we would have a bunch of volatility, the market would trade sideways and the S&P 500 would finish the year almost unchanged.
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