Market gurus and their predictions - Part 2

The first part of 'Market gurus and their predictions' has really caught some attention. Let's now move on to the next part about this subject.

Again, as mentioned in part 1, these pages are mostly meant as an eye-opener that almost all of the 'mainstream' analysts have no added value in trading or investing. In fact, flipping a coin has a higher probability of making a correct call about the expected market direction than those analysts. 

Claim that was made Date Validated as Link to original post Link pdf copy Validation date
Tony Dwyer, Canaccord Genuity chief market strategist, is expecting the S&P 500 to rise to 3100 for the year 2018. There may be small corrections along the way but "ultimately, it is to be bought. I want to be crystal clear on this," Dwyer said. (source CNBC) Nov 30th, 2017 Dwyer: false, S&P 500 closed the year 2018 at 2506 Stocks could surge by 17 percent — if tax reform passes pdf Jan 1st, 2019
Raymond James' Jeffrey Saut is detecting a couple of red flags that could trigger a 5 to 10 percent pullback just in time for the holidays. (source CNBC) Nov 16th, 2017 Saut: false (after the call, the market went up 10% first, then dropped 10% and quickly recovered) Wall Street bull warns a major pullback is near, and here’s what could spark it pdf Feb 20th, 2018
Jim Paulsen of the Leuthold Group argues a lack of leadership is one of the major factors protecting the historic rally from buckling. He expects the S&P 500 to reach 2600 before years end. (source CNBC) Oct 15th, 2017 Paulsen: true Leuthold's Jim Paulsen explains why stocks are being saved by constant rotation pdf Dec 5th, 2017
Richard Bove, The Vertical Group, is troubled by the rally in financials. "If we don't get some event in the economy or in politics or in somewhere that is going to create more loan volume and better margins for the banks, then yes, they would come crashing down." (source CNBC) Oct 10th, 2017 Bove: false Market just as dangerous as late 1990s, and bank stocks could 'come crashing down,' analyst Dick Bove warns pdf Dec 5th, 2017
Stephen Roach, Yale University fellow says the odds are higher than 50-50 that stocks will plunge as much as 10 percent in the final months of the year. (source CNBC) Sep 28th, 2017 Roach: false 'Frothy' markets remind me of 2007, and rising rates could kill the rally, Stephen Roach warns pdf Dec 5th, 2017
TIAA Investments' Brian Nick sees stocks ending the year below current levels. His S&P 500 Index target for the end of 2017 is 2400 — a four percent decline.

"That's been our target the entire year. When we came into the year I'd say we were cautiously optimistic" said the firm's chief investment strategist on Friday's "Trading Nation" this week. (source CNBC)

Sep 23rd, 2017 Nick: false TIAA Investments sees stocks slipping 4% by year's end - here's why pdf Dec 5th, 2017
Phillip Streible, RJO Futures: "The flight to quality as a result of North Korea's [self-claimed] detonation of a hydrogen bomb has caused investors to flee riskier assets and go into your safe haven asset like the gold market." (source CNBC)

Looking back, the call was made at exactly the high of the year.
Sep 7th, 2017 Streible: false Will fear drive gold even higher? Trader expects to see a further bullion bounce pdf Dec 5th, 2017
David Bianco, Deutsche Asset Management is expecting a 5 percent pullback very soon. (source CNBC) Aug 31, 2017 Bianco: false A 5% pullback could happen within weeks, here’s how David Bianco of Deutsche Asset Management says you should protect yourself pdf Dec 5th, 2017
Matt Maley, editiorial commentary at CNBC says: "The S&P 500 has suffered a 7 to 10 percent decline in each year since 1995. I believe this year is no different — and that, in fact, such a decline is around the corner." Aug 28th, 2017 Mayley: false Commentary: Stocks are about to tumble by 7 to 10 percent pdf Dec 5th, 2017
Tony Dwyer, Canaccord Genuity chief market strategist says that the current drop in the markets is really excellent buying opportunity, By the end of the year, he estimates the S&P 500 will be at least 3 percent higher from current levels. (source CNBC)  Aug 22nd, 2017 Dwyer: true The ‘correction’ is here, and Canaccord’s Tony Dwyer says buy it pdf Dec 5th, 2017