The stock market could go up 20% from here, predicts Merrill Lynch Wealth Management president

The S&P 500 opened higher Thursday, just short of another all-time intraday high, after falling just 1 point on Wednesday from Tuesday's all-time high close. The index's more than 27% gain so this year is best since 2013.

"Our upside scenario from our research department today has the S&P 500 at 3,500 and change ... mid-next year," said Sieg. The S&P 500 at 3,500 would be 9.6% higher than Wednesday's 3,192.52 close. "Where we see things lining up right now, we're actually more bullish then that," Sieg explained in ainterview. "There's an upside scenario that could see the market up 20% from these levels.""One of the things we have insight to through our 15,000 financial advisors is just what's the sentiment among Main Street investors," he said. "Investors are largely wary of markets.

Often times when individual investors, whose feelings tend to lag the market, are worried about stocks, professionals see that as a buying opportunity. "We're probably more mid-cycle in terms of this bull market and expansion" in the economy, argued Sieg. He's also part of the executive management team at

I love 'could'.

Even the stock market is happy that Trump has been impeached?

Celebrations of Trump’s impeachment?

or it could go down 20% smh

CNBC means fake news!

So. What! Lots of overpriced crappy stocks,

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Is This Why China’s Stock Market Is Up So Much In 2019?China’s mainland equity market is up over 33% this year, making it one of the best performing stock markets in the world Where is your face?
Source: Forbes - 🏆 394. / 53 Read more »

Here's what happened to the stock market on WednesdayStocks were little changed in a session that included sharp losses from FedEx. Guess impeachment has already been built in, or more like the market doesn’t really care about Trump I'll help: nothing.
Source: CNBC - 🏆 12. / 72 Read more »

Here’s How Impeachment Talks Will Affect The Stock MarketDespite Trump’s claims to the contrary, the market is unlikely to “crash.” skleb1234 Hopefully destroy it so we can replace the entire economy with something efficient and moral. skleb1234 Not at all. skleb1234 Speed bump....lol
Source: Forbes - 🏆 394. / 53 Read more »