Roubini getting more positive about the market

Roubini getting more positive about the market

(This is not an April Fools' Day joke)

Despite the doom and gloom, the Baltic Dry Index has been ticking up for much of 2009

Despite the doom and gloom, the Baltic Dry Index has been ticking up for much of 2009, and that’s typically a sign we’ve got demand in the economy again. Yes and no, says my guest investor and blogger Paul Kedrosky.
It is a sign that the economy isn’t going to zero: That’s good. But amid the late 2008 panic inventories had gotten so low that an increase in orders is more a re-stocking than it is a recovery.
That said, there are a few speculative bets for investors with a high risk tolerance, especially among semiconductors. Watch the video for Kedrosky’s picks.

According to Todd Harrison a 'Monster Move' Coming for Stocks: S&P Could Hit 1000 by Spring

According to Todd Harrison a 'Monster Move' Coming for Stocks: S&P Could Hit 1000 by Spring

After two months of relative calm, there is a "monster move" coming for the stock market starting as early as next week, says Todd Harrison, CEO of Minyanville.com.
Harrison, who has largely been negative (and thus right) in the past year, is positioning himself for a rally that could bring the S&P 500 above 1000 by springtime, or an approximately 20% rally from current levels.
Not surprisingly, Harrison's upbeat outlook is based on a view the financials are poised to rally, despite (or maybe because of) the prevailing negativity surrounding the group.