The long-time bull believes the record rally will take a breather because valuation multiples are getting back to nosebleed altitudes." on Friday. "I've been shooting for 3,500 for the S&P 500 by the end of next year, and we're getting closer. Faster than I would have expected.
""[A] 10% to 20% [correction] would be quite possible if this market gets to 3,500 well ahead of my schedule," he said., Yardeni said: "I just don't want too much of a good thing here. I'd like this bull market to continue at a leisurely pace, not in a melt-up fashion.""Bull markets do best when you've got a wall of worries," Yardeni said. "What I'm worrying about is nobody is worried anymore.
TradingNation ›News ›Company News Jun 25, 2019-Correction Underway?The last correction of 10%or more occurred in Aug 2015, per CNBC. While seasoned investors should shrug off such a pullback as”really just a day in the park,'it's going to feel like 20-25%”Glazer added
TradingNation › 2018/08/31 › this-chart-suggests-stocks-face-heig... Sep 1,2018-believes a deep sell-off could wipe out the stock market's all-time highs.This chart suggests stocks face heightened risk of 10-20% correction... of 2000,the market didn’t...noted Achuthan
AndrewhFX TradingNation It's always true that there could be a pullback “soon”.
TradingNation A correction is inevitable.