After last week's tech-heavy sell-off, many investors took the opportunity to buy the dip. Slatestone Wealth chief market strategist Kenny Polcari joins Catalysts to discuss the current state of the equity market as a buying opportunity since shares are down about 25% since its June high. He does not expect the stock to rally back up to its high, but rather, he sees it as"on sale" for long-term investors.
So I think you have to take a broader, a broader look at where we think the market's going over the next six or seven weeks just because we're in that seasonally weak time in the market.
Can I bring that up because we were talking to city's uh Scott Kroner earlier in the show and he was talking about that shift that we certainly have started to see over the last couple of months.Look II, I think we're at the very infancy stages of A I, I think NVIDIA sits at the nexus of, of this tech revolution that's happening.But over the long term, I think NVIDIA is just a core name and a core portfolio and I think investors have to take depends again on who they are.
I think it'll, it plays, it plays nicely in an environment where you think it's gonna be a little bit of a pressure uh on the broader market and on the consumer.Usher in the new season with cozy throw blankets, festive wreaths, pumpkin-themed cookware and more from Wayfair — up to 75% off.The U.S. on Tuesday will impose sanctions on individuals and entities in Iran and Russia involved in Tehran's delivery of ballistic missiles to Moscow, the White House said on Tuesday.
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