Still a Bull

Published on
March 5th, 2019
16 minutes

Still a Bull

Trade Ideas ·
Featuring Art Hogan

Published on: March 5th, 2019 • Duration: 16 minutes

Art Hogan, chief market strategist at National Securities, reviews his 2019 market outlook and highlights his year-end target for the S&P 500. He notes slowing economic data, the potential for a trade agreement, and remarks on the dovish pivot by the Fed, in this interview with Brian Price. Filmed on March 4, 2019.


  • KF
    Kenneth F.
    5 March 2019 @ 14:08
    snoozefest. leave the permabulls on CNBC please.
    • DW
      Daniel W.
      5 March 2019 @ 22:26
      The permabulls made good money in the last 5 years, the often glorified permabears not so much.
  • SS
    S S.
    5 March 2019 @ 12:52
    This was hilarious. Buy the S&P at current levels i.e. 2800 and a target of at least 2850? Over 10 months? Thats like at least 2% upside over 10 months. I could earn more from bank interest on my deposits, at 0 risk but the S&P has a lot more risk to the downside. Ridiculous!
    • DR
      David R.
      5 March 2019 @ 18:33
      Pleeeze, risk v reward has no place in a bullish stock discussion. lol
    • DR
      David R.
      5 March 2019 @ 18:36
      A reasonable Elliott Wave target is min 3000+, maybe 3200-ish.. And as much as 4000 after the next correction and after USD craters.
    • FG
      Flavio G.
      5 March 2019 @ 21:01
      Current PEs make sense only in the context of earnings growth expectations. He completely misses that question.
  • KC
    Kenneth C.
    5 March 2019 @ 19:17
    My most pressing question was finally answered: Is there anything in those coffee cups? And I never mind the permabulls. Need both sides of the picture and bears have never been in shortage here.
  • MF
    M F.
    5 March 2019 @ 12:47
    art hogan is a gentleman and longstanding excellent no issues there...i guess my issue is that this trade is offering 2% upside to target of 2850 from when published yesterday on the SPX with a stated 10-month timeframe. And what is the stop loss ...1% away?...the valuation argument of 16.5x is fair, but this kind of felt more like a conversation/market outlook rather than a "trade" in my view. Good conversation, but in fairness not much to say if the call is SPX up 2% over 10 months...perhaps should have been in another section of RV. But good thoughts on his view...just don't think it belongs in the trade section.
    • KC
      Kenneth C.
      5 March 2019 @ 19:12
      If I can't define a R/R of 2 or greater (using my own charts let alone their thoughts) I just stay away from it.
  • RI
    R I.
    5 March 2019 @ 13:03
    “A trade deal will lead to economic growth.” Utterly laughable.