Veteran trader says market bounce may be the bottom

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The market rally may mean the beginning of a move back higher for stocks, says veteran trader.

 

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One day down = Historic Crash coming One day up = ATH in the offing Thanks for the info

Oh Wait....Surely Trump will tweet something soon...the prick can't keep his fingers to himself, can he? Oh...there he goes...true to form!! 10% tariffs on iPhones...ha ha...cant help hating the bastard!!

Next high after today is Friday

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Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Don't be alarmed about sell-off, market saw a 'buyers' boycott': Veteran trader Art CashinInvestors shouldn't really be 'alarmed' by the market sell-off, says veteran trader Art Cashin. 'If you're going to see the Dow down 800, you would expect you'd see somewhat of a stampede. You haven't,' he says. Says a tea party founder... Nothing to see here. Please move along people. Just a typical down 800 point day. Isn't the volatility good for boring dollar cost averaging index investors?
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A rare batch of selling suggests the stock market may have just hit ‘rock bottom’If recent market action feels extraordinary, that’s because it has been. In fact, we’re seeing something that hasn’t happened since 2008, and, according to Dana Lyons of J. Lyons Fund Management, has only occurred 11 times since 1960 Always live me some anecdotal evidence that just don't mean a thing in the face of rising interest rates.
Источник: MarketWatch - 🏆 3. / 97 Прочитайте больше »

I think we've seen stock market bottom, says UPenn's Jeremy SiegelCNBC's 'Closing Bell' is joined by University of Pennsylvania Finance professor Jeremy Siegel to discuss the state of the markets and whether he sees a threat of recession on the horizon. The news coming out of Germany is a very bad sign. Germany going into recession hurts everyone. RL It could be bottom forming but it is no clear yet,big technical damage especially in large time frames meanwhile, mandatory is to be quiet and stay tune
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The market is at a bottom, says Raymond James' Jeff Saut'Usually when you get big moves on the upside and downside you are either near a top or you're near a bottom. And after a near 20 percent decline, I think we're at a bottom,' says Raymond James' Jeff Saut. Dear tweeters. Do the opposite of anything CNBC says and you’ll make money. Hahahahaha sure it is.
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Morgan Stanley says buy these stocks when the market finally bottomsStocks have bounced back from their multi-year lows and valuations have reached an attractive level for the first time in years, but investors still can't go all in.
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Wall Street panic suggests market is bottoming and will rally in 2019, Jim Paulsen saysDecember's ugly stock market could help launch a 2019 rally to remember, according to the Leuthold Group's Jim Paulsen. TradingNation Jim ... you ring the bell 🔔? TradingNation TradingNation yeah, maybe after Mueller cleans up the poo?!...
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Four things need to happen for the stock market to bottom, Jim Cramer saysJim Cramer says four things need to happen for the stock market to find a true bottom as sellers drive the major averages lower. realDonaldTrump Trumps crime syndicate needs to be in jail and rational government recovered. The spirit of the Great Mark Haines needs to call it...and then all will be good. jimcramer valuations consistent with company growth prospects..these 20-30 Pe's on no growth companies is a joke....
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