Now, with the market trading about 7% lower on the week, the real questions are: Is this the start of something bigger or just another garden-variety pullback? Will markets retest the March lows or should investors buy the dip? After all, a dreadedWith so much uncertainty prevalent in the marketplace, Business Insider asked three industry titans to weigh in on the matter.
"Any signs that that recovery could be slowing or hitting any setbacks could mean a pullback — and that's what we're seeing in recent days. "I think the bigger risk for investors might be that they're expecting a further rebound in the wrong stocks — in the leaders of the last cycle — rather than expecting new leadership for this new cycle.""When I look back at the move off the March 23 lows, I think it's been — in a lot of ways — a textbook recession-recovery trade ... both in terms of what's worked, and in terms of the magnitude of the move.
"I think it's really healthy. Markets can't be one-sided, and I think the narrative — even if someone's bullish — you run out of fuel if the markets go up without really supporting evidence.
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.
Inside story of Brex layoffs after $150 million raise - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Mike Santoli's market notes: What's behind the rout and how long could it last?New for subscribers: Mike Santoli's market notes: What's behind the rout and how long could it last? Check out CNBCPro for a free trial.
Source: CNBC - 🏆 12. / 72 Read more »
The real reason for the stock market’s 7% plunge shouldn’t surprise you — and it happens every timeOPINION: Mark Hulbert has a very simple explanation for why the U.S. stock market plunged on Thursday. BIY CHEAP STOCKS NOW AND BIY MORE YO KEEP FOR INTERMEDIATE TERM Because states are loosening restrictions far too soon and in all the states that have previously loosened restrictions cases of Coronavirus have increased as is happening in California this week while restrictions started to be lifted I think we need to pull a Travolta-Broken-Arrow on Market Watch. Step away from the graph. You're too close to it. This is what it actually looks like. As you can see: there are no plunges. These are just fluctuations. It's going sideways.
Source: MarketWatch - 🏆 3. / 97 Read more »
Stock trading tips, strategies from lengendary investor Mark Minervini - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Click bait Youtube is FREE 😀 8 Keys to Superperformance with Mark Minervini and David Ryan via YouTube
Source: BusinessInsider - 🏆 729. / 51 Read more »