The Day Ahead: Market Dreams, Reality

We are a mere 28.3% away from reaching Dow 19,000! That is correct. If the present is a good guide of the future (where anything bad is immediately struck down by the not so invisible hands of the Fed) this milestone is in sight for the fourth quarter of 2013.

By the time Dow 19,000 is achieved, buyouts will have resurfaced, corporate profit margins re-accelerated, consumer staples and utilities are absent bids, Apple (AAPL) is likely to confirm Tim Cook as the leader in 2014, and U.S. GDP growth is north of 3%. Then, we all woke up and had a mighty laugh, realizing that activity in the market is being fueled by uncharted Fed policy waters that will have a nasty payback....444 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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