At least one big name analyst doesn't believe the bull market in US equities is over

Jay Soloff

Argonath Financial

At least one big name analyst doesn't believe the bull market in US equities is over. Liz Ann Sonders, Chief Investment Strategist at Charles Schwab, believes 1900 in the S&P 500 may not be that far away. She (and others) suggest that if the benchmark index breaches 1850, 1900 is the next logical destination. Like many other analysts, including myself, she feels the recent string of poor economic results are due to the weather - with the underlying fundamentals of the economy remaining robust. Today's positive housing market news would seem to support that belief. Sales of new homes spiked almost 10% in January to a five-year high. Apparently, in between major arctic storms, people went out and bought lots of houses. Sonders also feels investors are no longer worried about tapering and actually want monetary policy to return to normalization. (VIEW LINK)

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Jay Soloff
Jay Soloff
Research Analyst
Argonath Financial

I'm an investments analyst for a US-based independent investment research firm. My focus is on economics, options, and all types of stocks, but especially tech, Internet, and renewable energy companies. I have experience as a options market...


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