This market strategist says stocks could gain 8% to 15% from here --- giving anxious investors a perfect opportunity to sell

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Hayes Martin, president of advisory firm Market Extremes, reiterates the cautionary advice he provided a week ago: Don’t get carried away if and when the market rallies. It’s most likely a counter-trend rally within a bear market.

The U.S. stock market’s huge decline on May 5 actually boosts the odds of a strong rally beginning soon, even if it won’t kick off a new leg of the bull market.

Martin said the net effect of recent huge swing is to increase his confidence that this 8% to 15% rally could begin soon. “We’re getting closer with today’s action,” he said. Similar divergences were evident in other parts of the market as a well. The equal-weighted ETF version of the Nasdaq 100 index QQEW, -1.60% was beating the cap-weighted version QQQ, -0.89% by 0.4 of a percentage point, for example.

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:

 /  🏆 3. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し