This Stock Market Rally Can't Be Trusted. Here's Why.

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 97%

المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

Earnings, short covering, and a lack of momentum for the Russell 2000 suggests caution might be warranted.

The stock market has been on a tear and investors are hoping for more gains. Rosenberg Research’s David Rosenberg offers three reasons not to trust the rally.

But can stocks keep rising? Rosenberg has his doubts. In a report released Wednesday morning, he calls the market’s rally “rather junky” and offers three reasons why: earnings, short covering, and breadth. And it’s not like the rally has been driven by the companies with strong fundamentals. Instead, the biggest gainers have been the most-shorted stocks, Rosenberg says, as well as those with weak balance sheets, what he dubs “non-profitable tech.” This is a sign that “this is a reflexive

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 3. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Stock Market Rally: How Long Can It Last?Hefty gains over the past week are bringing smiles. But what the Fed does on rates is still the big X factor.
مصدر: MarketWatch - 🏆 3. / 97 اقرأ أكثر »

Another top Wall Street strategist says last week's spectacular stock-market rally will soon fizzle.Joseph Adinolfi is a markets reporter at MarketWatch.
مصدر: MarketWatch - 🏆 3. / 97 اقرأ أكثر »

Why Stock Market Rally Can't Be TrustedEarnings, short covering, and a lack of momentum for the Russell 2000 suggests caution might be warranted.
مصدر: MarketWatch - 🏆 3. / 97 اقرأ أكثر »

‘Stock-market correction is over’ after broad surge amid ‘epic’ market ralliesYardeni Research breaks out winning sectors in the S&P 500’s surge last week
مصدر: MarketWatch - 🏆 3. / 97 اقرأ أكثر »