$43 + BY THEN
Why because the fed will not raise rate it will lower rates then we go to qe. Understand at&t is one of the best stock in a over valued market.
People will do anything for return on their money less and less places to go at some point t will take a hit but now it keeps going up.
This market rally looks sick i put my money on nugt just now time will tell.
As long as rates stay at this leavel but i think they are going lower still this is the yellen put she will not raise rates this year and before it is all said and done more qe coming.over 4% in an zirp environment.
This 2 day rally is great to add to my qqqq 's and small cap shorts we are in the late stages of topping out.smell the burn a very over valued market just like 2008 but not the same .
Will be a direct benefit when the sell starts in the next few days older people with the money will run to what they feel is a low risk place with a nice divy . Lets see how it plays out.on it's way to $45
As banks in the coming year will go to neg rates all that ira &401k roll over money will look for yield the boomers 10,000 a day retire each day .i think at&t yield could drop to 2% or lower in the next year that would mean a much higher price.
Ppl with a safe divy could go much higher and this is the new way to vaule companies like ppl this could go even as high as $60 if things get crazy you got 10,000 a day leaving the work force they need income and they have the money to move this stock
As the stocks markets rallies on hot air adding to shorts and gold stocks supply the funds.go to on you tube greg hunter bo poiny interview he has been spot on.
Is party time 4th of july everyone have safe and happy 4 th july but at the close going to short europe & small caps but still love at&t.