"We now believe that market will advance into year-end," Mislav Matejka, head of global and european equity strategy at J.P. Morgan said in a note to clients Monday.
Positives for the market could come from a second rate cut from the Federal Reserve and the restart of the European Central Bank's quantitative easing, said Mislav.
Based on cyclical trends, I call B.S. My guess would be a 10% drop before years end.
Our dealers need to unload s&p futures. Please buy the open.
That sounds a bit like WISHFUL THINKING, Donald Trump style. Last I looked the futures were way down this morning. Who is going to remember this prediction if it doesn't pan out?
In other words ‘we are selling long term puts’
Yet MSM is screaming recession and the end of Trump .....
These analysts sure do take a lot of different positions.
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.
Oil prices mixed as market eyes trade war, awaits stocks dataOil prices were mixed on Tuesday as the ongoing U.S.-China trade war cast a pall... pssststst someone keeps saying lower, like lower it. Then i personally well idk help the people and church and everyone why do i have to get involved just lower prices everything is expensive so expensive
Source: Reuters - 🏆 2. / 97 Read more »
5 things to know before the stock market opens TuesdayThe Dow is set to drop about 200 points at Tuesday's open on Wall Street, under pressure after the Trump administration imposed more China tariffs. Beyond Meat is all domestic. Therefore it is safe. People love the meat alternative. Let's stay away from tariffs HUMBUG... Euro weakens!
Source: CNBC - 🏆 12. / 72 Read more »
Leaders to losers: These stocks have made major trend reversalsSome of the worst-performing stocks in August were one-time market leaders. One could return to its former glory, two analysts say.
Source: CNBC - 🏆 12. / 72 Read more »
The Horsemen Stalking the Korean Stock MarketSouth Korean President Moon Jae-in has made a public display of personal support for Korean companies, but investors would be unwise to follow his example. Korea is now derailing from U.S.-leading bloc, wandering around N.Korea and China, which makes East Asia fragile
Source: WSJ - 🏆 98. / 63 Read more »