Market bull Jeremy Siegel warns the Nasdaq rebound will unravel, favors value stocks

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Wharton's Jeremy Siegel warns the Nasdaq rebound will unravel, favors value stocks (via TradingNation)

The index surged 3.6% on Tuesday. Last week, it was in correction territory.

Siegel warns challenges associated with higher interest rates and optimism surrounding economic reopenings will continue to weigh on growth trades. "I don't think they're going to do badly. We're not going to have a crash like we had 20 years ago at all," he said. "But I think the outperformers are going to be basically non-tech over the next six to 12 months.

 

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TradingNation When does he say unravel

TradingNation siegel is wrong. The nasdaq $qqq gonna kick ass.

TradingNation Jeremy Siegel is the perfect vested interest permabull charlatan guest for you scumbags

TradingNation Agreed. The question is when and not if. The same thing could have been said the last 2 years. Most retail volumes are small enough to exit without any issue in a crash. Lots of money to be made still. Wouldn’t be surprised if institutional funds are already rotating though.

TradingNation horrible

TradingNation Kick rocks bro

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