Ironically, after an exciting weekend of speculating how bad the fallout from the Cyprus bailout deal could be, we got updates from four big banks on their year-end S&P 500 targets this morning. Everyone is raising them. What's the reason for the wave of optimism? For the most part, strategists cite an improving economic outlook, better earnings fundamentals, and yes, more aggressive central bank easing around the world.

BING NEWS:
  • Lululemon’s stock soars as 16 banks hike their price targets. One bear says sell into the rally.
    The stock was on track for its biggest one-day gain since Oct. 30 of 2008, when it rose 21.2%, according to Dow Jones Market Data. It has now gained for 11 of the past 12 days to mark its longest ...
    12/6/2024 - 2:00 am | View Link
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Welcome to Wopular

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