Stocks slide amid rekindled coronavirus concerns. What to watch in the months ahead

As Wall Street weighs the risks still facing stocks, here's what three market watchers predict will come next:Barry Knapp, managing partner at Ironsides Macroeconomics, laid out his strategy for the second half of 2020:

"It's still early in the business cycle. We've been saying that all along. March 23 was the start of a new business cycle from an investor perspective, so, I wouldn't make the switch from cyclical names to defensive names, but I would raise some cash levels here and look for a bit of weakness to redeploy that cash for a year-end rally. That's how I would tactically think about the next few months.

"If you remember anything from this quarter … it's about [being] less bad. That's the way I think the portfolio management team is looking at it. [For] the S&P, this is going to be the worst quarter. And … at earnings of $22 plus for this quarter itself on the S&P, that's equivalent to what we saw in the second quarter of June of 2010.

"The market has been telling you something that's really important. Technicals are really strong, which means to reverse it, you need a very big shock. I look at three possible – I want to say these are possible, these are risks to the scenario – sources of shocks. One is cumulative bankruptcies, because capital impairments hurt investors. Two is a big policy mistake. We don't renew some of the relief measures, for example.

TradingNation Virus Survivors Could Suffer Severe Health Effects for Years ['

TradingNation Pence Warns of Young People Testing Positive as Hot Spots Worsen ['

TradingNation After 239 scientists send their letters to the World Health Organisation saying the coronavirus is dangerously airborne, WHO finally say that the coronavirus might be airborne!!!

TradingNation OpenLearning is the only online learning platform in the world that is interactive❤ASX STOCK:$OLL

TradingNation OpenLearning is a online learning platform that works and is the only online learning platform in the world that is interactive for our👩‍💻❤👨‍💻children and young adults that will help their safety👨‍💻❤and future👩‍💻ASX STOCK:$OLL

TradingNation Nothing to with that but you know, journalism. Panic we need panic...

TradingNation Great picture.... Stocks are lower....BY ORDER OF THE PEAKY BLINDERS!!!

TradingNation I thought pussy crumbled amid tax returns disclosure ruling by SCOTUS

TradingNation I'm not concerned

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Stocks reverse course in afternoon trading: Three experts on what to watchStocks trended lower into the close Tuesday as the tech rally lost steam. Three experts break down what to watch now. Casino
La source: CNBC - 🏆 12. / 72 Lire la suite »

Which Struggling Hollywood Stocks Have an Upside This Year?Despite large losses, Wall Street analysts are issuing 'buy' or 'outperform' forecasts for Fox Corp., Comcast, Disney and Lionsgate.
La source: THR - 🏆 411. / 53 Lire la suite »

China Orders Up a ‘Healthy Bull Market,’ and Stocks ObligeChina’s stock market is taking cues from bullish state media again. Last time, that didn’t end well. ChinaLiedPeopleDied Chinese wealth is flowing once again! Because they handled the virus better than Trump did.
La source: WSJ - 🏆 98. / 63 Lire la suite »

6 Restaurant Stocks to Buy as Traffic Starts to WobbleJefferies analyst Andy Barish takes a look at recent foot-traffic data, which shows a deceleration in recent weeks for both fast-casual and fast-food...
La source: MarketWatch - 🏆 3. / 97 Lire la suite »

5 Stocks To Short As Markets Retreat From Monday’s RallyAs the Nasdaq continues its historic climb, the Dow has erased some of Monday's gains. The coronavirus will continue to make headlines as its cases grow at a consistent rate across 23 states. It's never a bad time to short-sell overvalued stocks, and our AI suggests these are the ones to go after.
La source: Forbes - 🏆 394. / 53 Lire la suite »

Stocks making the biggest moves premarket: Nikola, Apple, Biogen, Intersect ENT & moreIntersect ENT is reportedly mulling a takeover offer from Medtronic. Nikola gets an upgrade from JPMorgan. Looks like Apple must have closed more stores for the stock to be up. 🤣 Question for CNBC: maybe in between stonk promoting you can have someone answer this... When will the Fed pull the plug on this Stonk Party and what will happen if the GOV takes away the 600$ a week bonus for unemployment. Thank you Ask the ADL spokesman if their coalition supports removing any BLM ref to Facebook since their platform supports anti-semetic and anti-Israel speech.
La source: CNBC - 🏆 12. / 72 Lire la suite »