Despite December doldrums, many Wall Street analysts are bullish for 2019

Farreneheit

Despite the market hardship keep away from, many of Wall structure Street’s top analysts continue to be bullish for 2019.

found that the standard strategist recognizes the S&P ending next year above 3, 1000.

That move might be a gain of more than 20 pct from current levels.

That could be welcome news to investors, with the A.M BEST on pace for their worst December since the Great Depression.

The first quarter of the yr tends to be generally positive for stocks.

Typically the Dow, S&P and Nasdaq have posted average increases of more than just one pct each – with the S&P trading absolutely 2/3 of that time period.

While those gains are generally modest, there are some sectors that tend to outperform.

Typically the Consumer Discretionary and Technical sectors lead – each group logging gains in excess of 3 per cent.

The Energy sector tacks on about 2 pct – that’s in a period where WTI Raw gains typically 4 per cent.

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