LPL's Senior Market Strategist Ryan Detrick, the S&P 500 just posted its best 100-day rally on record, having jumped 51% since March 23 despite an economic recession and tens of millions of Americans being unemployed.that explain why the stock market can keep moving higher despite a weak underlying economy.
One group of stocks that will help drive further gains in the market are "epicenter" stocks, according to Lee, which are companies within sectors that have been hit hardest by the COVID-19 pandemic.Joe Biden officially accepts the Democratic nomination this week. RBC says buy these 47 stocks spanning every industry that are poised to crush the market if he wins in a wave election.
On top of that, the epicenter stocks are underowned by most investors, as many instead favor technology and growth stocks. Lee went on to say, "These are people I've known for 10, 15 years that are really skeptical of the S&P, so when you have skepticism at nearly $5 trillion in cash, and even AAII reading showing retail sentiment is quite bearish, I think this move to all-time highs is going to create a scramble, and I think that's why we get a vigorous move.
Hopefully cnbc can put him on 3 more times this week. Who wants to hear from Tepper, Druck, or PTJ anyways..
The exorbitantly wealthy have 'ample cash' while unemployed and working Americans stand in food lines. We are watching videos of citizens being unmercifully evicted because they lost their jobs due to the wealthy's failure. Our economy is on oxygen. EatTheRich TaxTheRich
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Stretched Ferrari 360 Modena limousine asks $287,000 — see inside - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. 😮 Nah ! CarsInsider Rubbish!
ソース: BusinessInsider - 🏆 729. / 51 続きを読む »
Meet Stephen Ross: Inside his life and $7.2 billion net worth - Business InsiderStephen Ross — Trump donor and Equinox chairman — is reportedly mobilizing a $100 million campaign to elect NYC's next mayor. Take a look at how one of the city's richest residents built his fortune. Unless he is giving it to mayawiley we dont wanna hear it!!!
ソース: BusinessInsider - 🏆 729. / 51 続きを読む »
Stock market crash: Jim Rogers warns on exorbitant debt, central banks - Business Insider'We are going to pay the price': Famed investor Jim Rogers sounds the alarm on central bank money-printing and exorbitant debt — and warns the next market meltdown will be 'the worst in my lifetime' Duh Dudes been saying this for 25-30 years. Hope he was long the whole time or he’s a little light in the wallet. Roger's, are you selling out?
ソース: BusinessInsider - 🏆 729. / 51 続きを読む »
Why the stock market is divorced from the pain of a pandemic economyFor many Americans, the pandemic-induced financial crisis has brought an onslaught of economic pain not seen since the Great Depression. CHAZ doesn't count as a shantytown Many Americans didn't get checks and unemployment. Everytime you interact with an 'essential' worker show some empathy. They got screwed.
ソース: ABC - 🏆 471. / 51 続きを読む »
Strategist who called market bottom sees more gains ahead as 'epicenter' stocks are set to rallyNew for subscribers: Strategist who called market bottom sees more gains ahead as 'epicenter' stocks are set to rally Check out CNBCPro today. Pro I called bottom of the $DJI by 118$ last summer.... Want to know how? Pro This strategist can say anything, but keep in mind he has no control on any geopolitical factors such as US - China tension, which is expected to escalate as we get closer to election. I still expect the market to go down in the next 3 months. Pro I called the market bottom better than that permabull charlatan and I have the opposite view from the muppet now
ソース: CNBC - 🏆 12. / 72 続きを読む »
Stocks Open Lower After Retail Sales Rose 1.2% In JulyThe stock market opened lower today after retail sales rose 1.2% in July by skleb1234 skleb1234 skleb1234 If everyone would stop spending money and let the stock market tank, Trump would be rapidly booted. It's the only thing holding him in power. The economy, what impacts most Americans, is already in the sh*tter anyway. Hold onto your money, folks. Eat the rich. skleb1234 Senate is tanking the market just because they can’t bear to help the unemployed. The $600 helps the bottom to the top of the economic ladder, but it’s “too much” for the poors
ソース: Forbes - 🏆 394. / 53 続きを読む »