'We kinda hate this market,' Wells Fargo's Chris Harvey says as stocks trade near all-time highs

Wells Fargo Securities' Christopher Harvey is looking for a signal that it's time to take risk off the table, and he expects it'll come sooner rather than later.

Those drivers included Federal Reserve interest rate policy, better-than-expected earnings and too much bearishness among investors. "What we're left with is near-term sentiment and near-term sentiment being the driver of prices," he said. "That could be based on a tweet. It could be based on positioning. And so, it becomes very difficult to handicap this market at this point in time.""We don't think the wheels are going to fall off the cart," he said. "We don't think we're going to have a 10% correction.

TradingNation Wells Fargo saw ZERO punishment for orchestrated fraud on their customers at the highest levels. In fact, CNBC glorified them for it Capitalism. Enjoy.

TradingNation When Dystopia comes to Wall St.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Asia stocks stymied by trade talk frustrationAsian shares managed to cling near multi-month peaks on Thursday while bonds eke...
Sumber: Reuters - 🏆 2. / 97 Baca lebih lajut »

Trade optimism fuels new four-year high in European stocksEuropean stocks rose on Thursday for a fifth straight session, getting a boost from a report about the U.S. and China agreeing on how they would remove tariffs.
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »