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SPX Wells Fargo just gave their forecast, saying they think the S&P will finish at 4,200 after possibly going as low as 3,400. This would be in line with filling at least the two gaps below which I'm concerned about at 3,748 and 3,583.
https://seekingalpha.com/news/3917593-wells-fargo-sees-choppy-2023-with-early-selling-and-eventual-gains
Wells Fargo predicted Thursday that 2023 will represent a back-and-forth year for the S&P 500 (SP500), with stocks likely to see early weakness followed by a rebound later in the year.
David Ryan has a similar outlook - range bound for 2023 between October low and ~4200.
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SPX Wells Fargo just gave
Posted by fundamentalvalues on 15th of Dec 2022 at 10:47 am
SPX Wells Fargo just gave their forecast, saying they think the S&P will finish at 4,200 after possibly going as low as 3,400. This would be in line with filling at least the two gaps below which I'm concerned about at 3,748 and 3,583.
https://seekingalpha.com/news/3917593-wells-fargo-sees-choppy-2023-with-early-selling-and-eventual-gains
seekingalpha.com
Wells Fargo sees choppy 2023, with early selling and eventual gains (SP500) | Seeking Alpha
Wells Fargo predicted Thursday that 2023 will represent a back-and-forth year for the S&P 500 (SP500), with stocks likely to see early weakness followed by a rebound later in the year.
David Ryan has a similar
Posted by kevindeng0727 on 15th of Dec 2022 at 10:58 am
David Ryan has a similar outlook - range bound for 2023 between October low and ~4200.