, he also touted the merits of stock picks with defensive qualities and a burst below 4,000.
"I need something below 4,000 to get really constructive," said Wilson on Jan. 24."I do think that'll happen.""That's probably off the table given the inflation that's out there," noted Wilson."But that would be a real elixir that would allow the markets to probably go a little bit further." He also lists better-than-expected earnings as a potential upside wildcard. First quarter earnings season begins a week from Wednesdays.
"If we're going to be wrong, it's going to be on earnings. It's, not going to be because financial conditions loosen up again," Wilson said."It's going to be because earnings don't disappoint as we're expecting as we go through the year."