Hostages

Guys have price targets for where they think the S&P 500 will end the year. That’s nice. A lot of these targets are clustered around 3000, which is a big, fat round level that looks great in headlines – super clickable – and is easy to remember. All you do is take what you think earnings will be for the next two quarters and then your best guess at where next year’s consensus estimates will fal...

source http://thereformedbroker.com/2018/06/20/hostages/