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The bull market has plenty of room to run, but a 10% selloff can’t be ruled out, says Goldman

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Goldman Sachs has a few reasons why the bull market has further to go: 1. We're in a “hope” phase of a new investment cycle following a deep recession 2. Vaccine = durable economic recovery 3. Economists revising up forecasts

It may be a good thing that the week will be short for U.S. investors, as post-Labor Day trade points to a rough ride for technology stocks, with some worried last week’s mini-meltdown is the start of something bigger.

Alas, there are risks to this bullish thesis. Oppenheimer says stocks could fall if the rapid rebound economy markets have priced in, starts to falter. “In this case, we see room for a correction of perhaps up to 10% as investors re-access the path of growth over the next several months.”The Nasdaq Composite COMP, -3.08%, S&P 500 SPX, -2.23% and Dow industrials DJIA, -1.88% are sliding, with European stocks SXXP, -1.07% dragged south too. Oil CL.1, -8.

Tech giant Alphabet’s Google GOOGL unit has ditched plans to rent office space for 2,000 workers in Dublin, Ireland.

 

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When people stop updating their smart phones too often, how would the stock go up and why?

Stop buying shit you don't need.

🚨 BUY $BIGC 🚨

Euh... wasn’t this supposed to be last weeks article, we’re now in crises article territory

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A 10% to 15% market correction would be healthy right now, long-time bull Ed Yardeni saysYardeni Research’s Edward Yardeni believes a pullback is necessary to keep a worrisome market melt-up in check. TradingNation We need one, or I till continue to fear this market. 15% correction would actually curb fear TradingNation 😶 TradingNation We should wear masks and vote for Trump in 2020 both do more good than harm
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