A U.S. stock-market pullback of 10% “seems quite reasonable” and any catalyst for weakness should be closely watched as valuations are no longer attractive amid a long stretch of “discomforting sentiment signals,” according to Citigroup analysts.
In a note this week, Darrell Cronk, chief investment officer of Wells Fargo & Co.’s wealth and investment management division, put inflation at the top of his list of 10 market risks while noting the S&P 500 index has soared in the pandemic without a pullback of at least 5% since last October. U.S. stocks were mixed in early afternoon trading Thursday. Major benchmarks had closed lower the day before as investors reacted in part to the release Wednesday afternoon of the Fed’s policy meeting minutes, which showed most of its top officials considered it appropriate to begin slowing its pace of monthly bond purchases later this year.
The S&P 500 index SPX, +0.81% was up 0.3% early afternoon Thursday, while the Dow Jones Industrial Average DJIA, +0.65% was down less than 0.1% and the Nasdaq Composite COMP, +1.19% was trading 0.5% higher, according to FactSet data show, at last check.
Thank you！
Bodo amat lah ! Realitanya selama ini kan hasil gue nggak pernah diberikan ke gue ?
Already long QQQ NOV 379 PUTs. lezzGOO