Instead of worrying about pullbacks, Wall Street bull Tony Dwyer suggests investors should be buying stocks.
He calls it a"great intermediate term buy signal." A gain of 9 percent or more would take the S&P 500 back into record high territory. "We never retested. So, to say you can't have a pause in the upside would be ridiculous," Dwyer said."Rather than fearing that you go back down significantly, it's something you should try to take advantage of."
He believes any setback to the 2019 rally would be only temporary. Dwyer, who has an S&P 500 year-end target of 2,950, cites a strong economic backdrop, open credit markets and a move dovish Federal Reserve for his bull case.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오: