New market highs are ahead but don't buy just yet, says Wall Street bull Tony Dwyer

📆 08/02/2019 04:32:00
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Canaccord 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.

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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

Yeah. Try to time it. LoL

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Time for stock-market investors to shake off the 3rd ‘recession scare’ of the cycle, analyst saysHow many lives does a bull market or an economic expansion have? Stocks are bouncing back from the third “recession scare” of the current cycle, clearing the way for a test of new highs in 2019, says Canaccord Genuity’s Tony Dwyer.
Fonte: MarketWatch - 🏆 3. / 97 Leggi di più »