Pettit: Fair value puts the S&P at 6300, but sentiment could push it higher

All right. So, we're just about at the halfway point of the year right now. The start of the second half actually starts tomorrow.Um, and you sent us what's your S&P 500 uh year-end targets. Now, I thought this was pretty interesting. Your base case, you gave us a bull and a bare case as well, but your base case is 6,300.That's just about a 1% rise from where we're at right now. Um, why only a 1% rise. I mean, what do you see happening. What sectors do you see moving higher, perhaps moving lower, or does ev ...