New market highs are ahead but don't buy just yet, says Wall Street bull Tony Dwyer

Nederland Nieuws Nieuws

New market highs are ahead but don't buy just yet, says Wall Street bull Tony Dwyer
Nederland Laatste Nieuws,Nederland Headlines

Canaccord Genuity's Tony Dwyer is predicting the S&P 500 will end the year 9 percent higher than Thursday's close. However, he expects stocks to drop around 3 percent first, and that will be the buying opportunity.

 

LOL... Highs with Global Economies crashing down, trade wars not working out, home sales falling, a Fed that is acting like we are in a recession, and many missed earnings with lower guidance? Hell, even those who beat earnings had their guidance greatly lowered last quarter

Yeah. Try to time it. LoL

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Time for stock-market investors to shake off the 3rd ‘recession scare’ of the cycle, analyst saysTime for stock-market investors to shake off the 3rd ‘recession scare’ of the cycle, analyst saysHow many lives does a bull market or an economic expansion have? Stocks are bouncing back from the third “recession scare” of the current cycle, clearing the way for a test of new highs in 2019, says Canaccord Genuity’s Tony Dwyer.
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