Laszlo Birinyi says he thinks we’re still in a long-term bull market, but he’s being a bit more cautious these days. Birinyi also tells Bloomberg that he thinks the S&P 500 looks more attractive than the Dow Jones Industrial Average and Nasdaq Composite. He talks about the four phases of bull markets, saying that we’ve [...]
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Tag Archives: Laszlo Birinyi
Bearish Case “Short of Substance”, Birinyi Says
October 18, 2011
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Laszlo Birinyi, who warned about financial stocks in the summer of 2008 and turned very bullish on the market not long after it bottomed in 2009, says he isn’t buying the bears’ arguments today. “I think the bearish case is short of substance, the defensive thesis suspect and that selling has been overdone,” Birinyi writes [...]
Read moreBirinyi Still a Big Bull
June 15, 2011
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Bullish strategist Laszlo Birinyi, who has said he expects the S&P 500 to rise to 2,100 over the next several years, isn’t deterred by the market’s recent day-to-day movements. “We’re not going to get terribly concerned about the day-to-day squiggles,” Birinyi told MarketWatch. “One thing that has kept us in this market is that the [...]
Read moreBiggs, Fisher, Birinyi Still Bullish
March 11, 2011
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Several top strategists are saying that investors should stick with stocks as the bull market enters its third year. Among them: hedge fund guru Barton Biggs. “I don’t think valuations are stretched,” Biggs told Canada’s Financial Post. “The next move in the S&P 500 is more likely to be up than down, and that move [...]
Read moreBirinyi: It’s a Legitimate Bull
February 11, 2011
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While many cynics say that the stock market’s bull run will soon end, Laszlo Birinyi sees it as having quite a ways to go. “This bull market has the strongest start of any in history,” Birinyi, the founder and president of Birinyi Associates, says, according to MarketWatch. “When you have a very sharp rise in [...]
Read moreBirinyi Sees Huge Jump Coming for Stocks
January 5, 2011
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Strategist Laszlo Birinyi was ahead of the curve in calling the big market rally that started in March of 2009. Now, he says the bull run has a ways to go — a long ways to go. According to InvestmentNews.com, Birinyi said in a recent letter to clients that he thinks the S&P 500 — [...]
Read moreBirinyi’s Top 5 for 2011
December 10, 2010
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Laszlo Birinyi says we’re in the middle of a bull market, and he’s focusing on individual stocks. “I think the story this year has been to try to go from the bottom up — not try to get themes, not try to get big ideas,” he tells CNBC in offering his top five picks for [...]
Read moreBirinyi: History Shows Rally Doesn’t Have to Stop
December 24, 2009
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Laszlo Birinyi, who called the current market rally, sees stocks’ bullish run continuing into 2010. Birinyi tells Bloomberg that the economy will surprise to the upside, and that there will be more and more of a “drift” back toward stocks. He also says history shows that while the rally has been fast and steep, a [...]
Read moreBirinyi Sees Dow 11,000 by Year-End — But Warns on Emerging Stocks
December 1, 2009
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Laszlo Birinyi says the stock market rally isn’t done, but says individual investors should avoid emerging markets. Birinyi, who warned about bank stocks back in the fall of 2007, tells CNBC that he thinks the Dow Jones Industrial Average will reach 11,000 by year-end, and that the markets have a long way to run. “There’s [...]
Read moreShort-Term Opportunities, Long-Term Questions
September 11, 2009
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After the huge rally in stocks over the past six months, the big question for investors is, can it continue? Fortune recently posed that question to several successful strategists, and got some encouraging answers — at least regarding the short term. After that, the waters may get choppy. “Despite some big worries about 2010, most [...]
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