Here’s what could trigger more stock market pullbacks this year, says Schwab trading pro

A record-setting August for stocks has set the bar high,but September may be off to an upbeat start, led by technology. iframe.twitter-tweet { width: 100% !important; } That brings us to our call of the day from Schwab Center for Financial Research’s vice president of trading and derivatives, Randy Frederick, who thinks the stock market may finally deliver on some much-needed corrections.

When those smallish pullbacks come along, though, he advises against panic , saying “they will be and should be used as buying opportunities.” That is because there is nowhere else for investors to put their money as any Federal Reserve interest rate increase is years out, said Frederick. And investors should learn from those who panicked out of the market in 2008 and missed out on an 11-year bull market, he added.

Frederick is watching the coronavirus pandemic as a potential trigger, with schools opening across the country and the potential for a dramatic uptick in the case count spooking markets, while trade issues with China shouldn’t be dismissed, as they also have the power to unhinge markets. Shares of Zoom ZM, +35.67% are surging, after the videoconferencing group soundly beat forecasts. Companies paid up for the service.Retailer Walmart WMT, +4.27% is launching a $98 a year membership program offering fuel discounts and free shipping, to perhaps rival Amazon Prime AMZN, +0.94%.

I'm coming.

They always try and scare people away. Investors aren’t falling for that “correction” talk anymore

A 2-3% decline sometime over the next few weeks! Wow really going out on a limb here aren’t we.

No way stocks fall 2%. Not for several years.

2-3% is a joke...

PENN TO THE MOON!! DDTG FTW!!

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The stock market is about to enter its worst month of the year after a historic August - but that doesn't mean investors should sell stock, LPL says | Markets InsiderThe stock market is about to enter its worst month of the year after a historic August — but that doesn't mean investors should sell stock, LPL says Haha ha thx. I’ll sell them. Moron Judge T. S. Ellis III, U.S. EDVA, intentionally and deceitfully lied and misrepresented facts and law to advocate for USPTO to conceal its racial discrimination and retaliation. Royal v Lee, 1:17-cv-261. Judge Ellis acted to eviscerate Title VII, render it toothless
Source: BusinessInsider - 🏆 729. / 51 Read more »

Apple split its stock. Here's how shares performed one year after previous splits. - 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. Tesla did it too... Thats money laundering,split stocks
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stock market live updates: Stocks mostly lower, new Dow additions, best August since 1984Both the S&P 500 and the Dow Jones Industrial Average fell early into the month’s final trading session. Follow along with the latest stock market updates here: All the day traders are locked out this morning. If Biden is elected and we get a good federal plan going, our children will still be 1 year behind. If Trump wins, our children are screwed.
Source: CNBC - 🏆 12. / 72 Read more »