News Formal

New market highs are ahead but don't buy just yet, says Wall Street bull Tony Dwyer

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

Canaccord Genuity's Tony Dwyer is predicting the S&P 500 will end the year 9 percent higher than Thursday's close. However, he expects stocks to drop around 3 percent first, and that will be the buying opportunity.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

LOL... Highs with Global Economies crashing down, trade wars not working out, home sales falling, a Fed that is acting like we are in a recession, and many missed earnings with lower guidance? Hell, even those who beat earnings had their guidance greatly lowered last quarter

Yeah. Try to time it. LoL

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Time for stock-market investors to shake off the 3rd ‘recession scare’ of the cycle, analyst saysHow many lives does a bull market or an economic expansion have? Stocks are bouncing back from the third “recession scare” of the current cycle, clearing the way for a test of new highs in 2019, says Canaccord Genuity’s Tony Dwyer.
Source: MarketWatch - 🏆 3. / 97 Read more »