as coronavirus infections started spreading beyond China. But he advised investors to start jotting down well-managed companies they'd like to buy at cheaper prices.
"It's not a huge list, but it's a shopping list of companies that we would like to add to positions that we already hold," he added. "Some of them [we] opened new positions. Things that might have gotten away.", in particular, could help boost portfolios. It's a group he was actually avoiding earlier this year.
Stoltzfus, who has worked on Wall Street for four decades, sees the massive stimulus and low interest rates as bullish influences on the market.
Earnings? Who cares about Q1 earnings? Who besides Walmart/costco/target have earnings guidance of any relevance?
Strategist lmao. One minute they are bullish and next bearish. Why waste money just employ 3 Yr olds that will give you the same info.
'Pandemic - The Achilles Heel of American Society'...and made far, far, more vulnerable by a dictatorial administration, and a complicit GOP. While Americans lock themselves down, the American piggy bank is being robbed by grifters, liars, and despicable human beings.
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:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Goldman says beware stocks getting government assistance even though they may pop on the newsNew for subscribers: Goldman says beware stocks getting government assistance even though they may pop on the news Check out CNBCPro and get your first 7 days free. Pro The truth is : Goldman wants you to buy only THEIR vodoo startup stocks or to pump up further their flag ship BIG TECH. Goldman is not interested in real US-economy shares to rise. So obvious. ;-( Pro Best advice I have heard, yet. You think people would wisen up after Fanniegate fiasco, shareholders STILL over barrel 12 years later. Government will screw shareholders. Who else gets to buy 4 billion warrants for .00001/share? Thieves.
Source: CNBC - 🏆 12. / 72 Read more »
Futures flat as investors brace for a tough earnings season amid coronavirus crisisEarnings season is set to kick off on Tuesday with JPMorgan Chase, Wells Fargo and Johnson & Johnson reporting numbers in the morning. Which future? One which opened 5 mins ago? Not all companies’ earnings will be bad ... stop with the dramatics !
Source: CNBC - 🏆 12. / 72 Read more »
Dow slips 300 points as investors brace for first earnings season under coronavirus | Markets InsiderUS stocks slid on Monday after the S&P 500 completed its best weekly gain since 1974. Investors worry about the earnings reports set to detail the extent of the coronavirus' hit to corporate profits. A safe vaccine is thought to be 12 to 18 months away, while who emergencies director...COVID2019 coronavirus Hydroxycloroquine Points are pointless. What's the %?
Source: BusinessInsider - 🏆 729. / 51 Read more »
Wall Street tumbles as investors brace for dour earningsWall Street's main indexes slipped on Monday as corporate America launches into what is expected to be a painful quarterly earnings season due to the coronavirus pandemic. agreed From Good.
Source: Reuters - 🏆 2. / 97 Read more »
Stock-market bull warns investors not to ‘chase the rally’ as ‘epic battle’ between Fed and coronavirus unfoldsCanaccord Genuity chief market strategist is no stranger to bullish stock-market calls, but after a remarkable run for U.S. stocks over the past few weeks,... Gold is terribly dealing with bears. I doubt they even venture it 1st this is NOT a typical “bear market.(Panic) 2nd the market has not reflected the working class economy for decades (faux relief) 3rd the global pandemic is making money for Insiders (rally) 4th Taxpayers bail out banks & corporation already paying net $ 0% (frustration) Main Street America experiences massive loss of income,feels pain & uncertainty, and gets a tiny Congress stimulus (basically a good’ol “addaboy,hang in there”). Wall Street America experiences massive wealth protection, feels euphoria & confidence, and gets a Huge Fed Bailout.
Source: MarketWatch - 🏆 3. / 97 Read more »