Wall Street's biggest bull: The market is 'inappropriately' pricing in a potential recession

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Tony Dwyer of Cannacord Genuity says that a fall in the markets should have been expected since there has been 'historically low volatility' and 'historically high complacency' lately. However, Dwyer is not deterred by the sell-off.

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Nah. This is just a correction, not even 10% on the averages

I worked with Tony , EVERY call he made was spot on . He told me FACE TO FACE , in a ONE ON ONE lunch meeting in Sept 2008 , that “ Murf “ , this market is about to get CRUSHED , the likes of what you have never seen “ . AHHH ....he was right .

Good they should it’s coming. LongBitcoin ShortTheBanks

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Wall Street bull Tony Dwyer won't turn negative until 3 key market elements break downCanaccord Genuity's Tony Dwyer doesn't see any fundamental reasons to turn bearish on stocks.
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New market highs are ahead but don't buy just yet, says Wall Street bull Tony DwyerCanaccord Genuity's Tony Dwyer is predicting the S&P 500 will end the year 9 percent higher than Thursday's close. However, he expects stocks to drop around 3 percent first, and that will be the buying opportunity. Yeah. Try to time it. LoL LOL... Highs with Global Economies crashing down, trade wars not working out, home sales falling, a Fed that is acting like we are in a recession, and many missed earnings with lower guidance? Hell, even those who beat earnings had their guidance greatly lowered last quarter
La source: CNBC - 🏆 12. / 72 Lire la suite »

Strong market breadth should prevent a major, protracted pullback: Wall Street bull Tony DwyerInstead of worrying about pullbacks, Canaccord Genuity's Tony Dwyer suggests investors should be buying stocks.
La source: CNBC - 🏆 12. / 72 Lire la suite »