I Trade What I See
According to Bespoke Investment Group, the average analyst estimates are for the S&P 500 to gain 8% in 2013. At the current pace, it will hit that mark Monday morning -- which makes for a pretty short year.
It was a frenzy of buying today, and the fact that so many were poorly positioned -- and it was the first day of the new year -- pushed the market up even more. No one wants to start with lagging performance, but unless you started the day fully loaded with longs, it was tough to keep pace....200 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
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