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Review & Preview: Market Monitor Predictions

Wednesday, December 27, 2006

Every Friday, Paul Kangas interviews a "Market Monitor" - a market analyst who discusses Wall Street trends and offers up some stock and/or sector picks. NBR asked five of these "Market Monitors" to predict how the market will move in 2007. Jeff Yastine summarizes their predictions in this report from NBR's Investment Review & Preview Special.

Click to Read Transcript.

Image of Jeff Yastine.  Click to watch video. Watch the Market Monitor Predictions.

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The Panel of Market Monitors:
Photo of Abby Cohen.

Abby Joseph Cohen
Chief U.S. Investment Strategist
Goldman Sachs

As Jeff Yastine reports, Abby believes 2007 will be a year of "moderate economic growth," and she's bullish on both the Dow and the S&P 500.

Photo of Al Goldman.
Alfred Goldman
Chief Market Strategist
AG Edwards

Al's bullish on '07. His thoughts on the Dow, sector strength, and the Fed in the year to come are covered in Jeff Yastine's report. Al also told NBR he thinks the Nasdaq will end next year at 2720, after hitting a high of 2800.
Photo of Marc Leibovit. Marc Leibovit
Chief Market Strategist
VRTrader.com

As Jeff Yastine reports, Marc has a bearish outlook for the Dow in '07. He does see some strong sectors, but says investors should keep a close eye on geopolitical forces. Marc also told NBR he sees the Nasdaq ending next year at 2500, after hitting a high of 3100.
Photo of Eugene Peroni. Eugene Peroni
Senior Managing Director
Claymore Securities

Gene's bullish on the Dow and has a bit more moderate take on Nasdaq in '07. His predictions as well as his thoughts on sectors and the economy are covered in Jeff Yastine's report.
Photo of James Stack.
James Stack
President
Investech Research

As he was last year, Jim is the most bearish of this group of "Market Monitors." Review Jeff Yastine's report for his predictions on markets and sectors in '07 as well as the reason why he says "this isn’t the time to swing for home runs in the Stock Market."