Bear, Bull, or Hype? What exactly does this year have in store? Interestingly enough, this question appears to be Wall Street's 2013 it-question. This comes as a surprise however from analyst buzz of the past couple years.
A year, or even two years prior, a bull market was out of the question; preposterous in fact. In 2009 the DJIA reached tremendous lows—some months treading in the 6,000 percentile. 2008 and 2010, the years prior and post of 2009, also were not the greatest. 2008 saw mostly between 7,000-8,000 and 2010 ranging from 9000-10,000.
However due to market indicators, Q4 reports coming in from last year, analyst-chat, and solid Dow and S&P increases, a bull market just maybe on the horizon. As of today (timestamp: 1/23/2013 6:17pm) the Dow is at 13,799.33 which is much more attractive than 6,000. A good investor knows the market's song and dance— dancing accordingly; so good news is always taken with a pinch of salt.
Not even one full month has passed, yet the analyst bees are buzzing. So are we going to see influx in the 2013 markets? Are the surfacing Q4 reports gilded? Or is it all hype and should we still buy in moderation?
Liberal Financiers I say ride the hype, and here's why.
