Apparently from Dr. Bart DiLiddo
[too bad I couldn't copy and paste the text from this video. So type away..]
The Strategist's average prediction for 2015 was that the S&P 500 Index would close at 2,212, up 5% from today's close of 2.089 [this report apparently was written on 12/26/14]. Thomas Lee, the Strategist who made the highest and closest prediction of 2075 for 2014, also was tied for the highest prediction for 2325 for 2015. Great, but what does VectorVest say?
Our Watchlist of the S&P 500 shows that GRT, Forecasted Earnings Growth, is currently at 9.0%/yr, the same as last year. However, the Investment Climate Graph shows that the Earnings Trend Indicator has fallen from 1.13 to 1.11 over the last two months. This is not a serious change. Therefore, the VectorVest view is that a Bull Market Scenario will prevail in 2015. However, we must watch the Earnings Trend Indicator very carefully. Profits in the oil patch are expected to drop by 16.5% over the coming year. However, I expect profits in the consumer sectors to increase from oil's decrease. Once again, the stock market should do well in The Year Ahead.