This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

[video] The 5 Dumbest Things on Wall Street: Predictions 2014

Stocks in this article: JPM AMZN IEP SNE YHOO AAPL GPS

The bull run in 2013 was not simply for stocks, but for dumb things as well. We had so much great material last year that we simply cannot wait for 2014 to start. Thats why were already looking ahead to next year even before we flip the final page in our desk calendar.

That's right folks, its time for our Five Dumbest Predictions list. We know you can't wait either, especially after our prophecies from last year were so spot-on.

OK. We were zero for five last year, but we came close in a few spots which is more than you can say for Blackstone guru Byron Wien who really struck out on his annual list.

For example, embattled SAC Capital chief Steve Cohen did not break his longstanding silence by pouring his heart out to Barbara Walters on The View like we predicted. That said, we were treated to a bootleg legal deposition from Stevie in November that seemed fairly heartfelt. Thats gotta count for something!

And fine, Apple (AAPL) didnt buy The Gap (GPS) and launch a line of stores mixing technology and fashion. We were wrong on that score, we grant you that.

Still, Apple CEO Tim Cook saw his companys stock in the dumps for nearly the entire year while shares of The Gap soared. That means merger arbitrageurs would have made out like bandits had they heeded our words and bought Gap stock and shorted Apples.

You see? Horseshoes, hand grenades and Dumbest predictions. Close is more than good enough.

So, without further ado, please find this year's list. And for the record, dont think weve entirely given up on last years predictions. Dick Grasso still might turn the New York Stock Exchange into Grassos Italian Restaurant and Day Trade. And if he does, you heard it here first!

1 of 6

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs