Wall Street Picks Mitt – Three Day Surge Points to Romney Win
Posted by Jim Hoft on Monday, July 30, 2012, 7:26 PM
Analysts suggest the latest three-day surge points to a Romney win.
CNBC reported:
With just 100 days left until the U.S. presidential election, investors are beginning to make bigger bets on which candidate will carry the day.
One analysis concludes that last week’s sharp three-day market surge can only mean that Wall Street is banking on a victory from Republican Mitt Romney.
That’s the logical interpretation one can draw from a rally amid conditions that otherwise would demand a selloff, Morgan Stanley chief U.S. equity strategist Adam S. Parker said in an analysis that asserts there is no other reason now to like stocks than a Romney win.
“The problem is that it’s impossible to be bullish and right for the right reasons,” Parker said in a note to clients in which he reiterated his 2012 price target for the Standard & Poor’s 500 [.SPX 1385.30 -0.67 (-0.05%) ] at 1,214, which would mark a 12 percent drop from the current level.
“Nearly every day someone expresses surprise that our base case is for the equity market to be down by 10-15 percent. Why is this so hard to believe? The market has had eight 10 percent down moves in the last 12 years,” Parker said. “We think a better question is why more people don’t forecast that the next 10-15 percent move is down than up?”
ADVERTISEMENT
`
crosspatch commented:
Intrade still says 40% Mitt, though.
Spider commented:
Crosspatch, Intrade is not the best predictor. Not 100 days out. The smart money has not been placed yet.
If its still 40% Romney with a month to go, we got a problem.
bigkahuna commented:
Obama is in Huge trouble.
The polls are a waste…
Voter turnout for libs will be way down.
Obama has pissed off so many groups it will hurt him
He has turned many Jewish voters, black Christians, Young voters without jobs, and counting.
Davis commented:
This is pretty silly. If we’re pinning our hopes on the predictions of Wall St. crooks then I’d say things are desperate.
Davis commented:
#5
This is the bravado that was mentioned, it’s just meaningless chest beating. The fact is as thing stand the most likely outcome is an Obama victory. This outcome is made even more likely when Republicans talk as if Romney is 10 points ahead as it leads people to believe that every vote does not count.
Davis commented:
If next week the Wall St. casino operators say that Obama is going to win comfortably will you be trumpeting that prediction? No. This is the inconsistency that leaves us open to attack.
Spider commented:
No bravado, just solid ‘blocking and tackling’, that’s what Romney needs to do.
The MSM is taking non-stop shots at Romney, but the meme’s are not sticking.
The convention is coming and it will be inspiring. The VP pick will cause some solid momemtum.
O has his most vile attacks still in reserve so it will be rocky, but the attacks could backfire.
I like our position.
Ghost commented:
Heeeey! When did Ann Romney get that HOT?!
Whew, that is one great picture of her, great dress- obvious style.
I hope the rest of her follows that lead.
jainphx commented:
Davis shut the @@@k up, go play in traffic.
bg commented:
++
there is a God, and we are the people, Amen..
==
bg commented:
++
OT..
July 30, 2012
Whatever happened to “do the math?”
[I’m not suggesting calculators, slide rules, or abaci, just normal common sense responses of indignation at the arrogant and ignorant actions by the current administration, enabled by the ineffectual likes of John Boehner and John McCain, whose spines quiver like Jell-o every time an act of statesmanship is in order.
At a time when a shadow government has been installed before their very eyes and key government positions have been filled by avowed Muslims and Communists, we have McCain telling Michelle Bachmann to stand down instead of pursuing the truth in fulfillment of her sworn responsibility as a member of the House Intelligence Committee, and Boehner running a squeeze-play to force her off the playing field. Why? For questioning the vetting process and family ties of Hillary Clinton’s deputy chief of staff, Huma Abedin, whose family are active and influential members of the radical Muslim Brotherhood? That makes as little sense as FDR retaining key members in his administration with ties to Hirohito or Hitler, or any number of presidents during the Cold War adding staff whose parents were in the KGB, then acting appalled at questions about propriety, notwithstanding national security.
Thankfully, Representative Bachmann and other patriotic members of her committee carry an inborn immunity to the newly discovered Boehner’s Disease, the symptoms of which are an increase in timidity, cowardice, and dereliction of duty which rise in direct proportion to confronting reality and the enemy.
Jihad is often misconstrued as being associated solely with violence, when in fact it is an obligation and religious duty of Muslims to overthrow and convert anything and anyone through any means “to command what is right and forbid what is wrong,” which is a mumbo-jumbo and rationalized way of saying “my way, or the highway,” for flexibility and tolerance only exist within the religion’s narrow and self-created prism of rank subjectivity. Clearly, the steep and slippery slope newer members of Congress must scale is compounded in difficulty by an old guard reluctant to engage in the defense of personal liberties and national security, and exacerbated by this administration’s flagrant circumvention of Congress and The Constitution.]
more @ link..
==
Sasja commented:
Mitt is a good-looking guy as well. Now compare these two; a true Lady and Gentleman with the current occupants in the WH. Not even close.
Flintstone F. commented:
Minty Davis,
History does not agree with your confidence in an Obama victory. He’s well below 50% approval, around 44%.
His economy is slowing down and nobody is going to forget his words “you didn’t build that.”
100 days out, Obama is toast.
Macc commented:
here is another candidate we can support running for congress in WA state.
Ernest Huber for Congress
Washington State, 8th District
Conservative Republican
http://elect.ernesthuberforcongress.com/
you all must read his positions on the issues!
jainphx commented:
I hate to say this because Obama has been such a disaster, but I ‘m glad McCain lost. He’s a nasty man with nasty partnerships, in and out of Washington. He can call Bachmann out for telling the truth, but can’t bring his sorry @@s to call out our internal enemies. He stood against Estrada and other good conservatives nominated for judge ships with his gang of twelve. He was in the gang of fourteen. It’s seems if conservatism raises its head, McCain with another gang, shuts it down. he’s a traitor as far as I’m concerned.
bg commented:
++
re: #14 July 30, 2012 at 8:17 pm bg
jainphx #18 July 30, 2012 at 9:01 pm
i believe you’ll enjoy this, not that
others won’t, but especially you..
GOP Rep Hammers ‘Numb Nuts’ Politicians Attacking Bachmann (#21)
==
bg commented:
++
Macc #17 July 30, 2012 at 8:55 pm
wow, so much info, thank you..
will read a bit at a time..
==
Patty commented:
Hey remember when Hillary Clinton was all for Jerusalem being the capital of Israel?
http://www.fireandreamitchell.com/2012/07/30/hey-remember-when-hillary-clinton-was-all-for-jerusalem-being-the-capital-of-israel/?utm_source=FAM_Blog&utm_medium=twitter&utm_campaign=Feed%3A+FireAndreaMitchell+%28Fire+Andrea+Mitchell!+Exposing+Liberal+bias+cause+the+MSM+doesn%27t+have+to.%29
`