Ned Davis Research's Ed Clissold, who turned cautious on March 10, upgraded his six-to-12-month market view to neutral last week.Trading Nation
Clissold sees unprecedented fiscal and monetary policy serving as a backstop for stocks, and prevalent pessimism among investors, which is often a contrary indicator of strength, as encouraging signs. "There has been clear improvement in the tape action," added Clissold. "It tells you a lot of the worst news is behind you."has soared almost 28% since its March 23 low — despite a challenging earnings season and disappointing economic data.
TradingNation Was his name Rip Van Winkle?
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Big investors haven’t capitulated yet, so be wary of this market, warns SocGen strategistOur call of the day comes from a Société Générale strategist who says the stock market may strain for further gains. Because what it needs to keep going is...
Källa: MarketWatch - 🏆 3. / 97 Läs mer »
Lawsuit claims 10 big banks rigged market for 'odd-lot' U.S. corporate bondsTen of the world's largest banks, including JPMorgan Chase and Bank of America, have been sued for allegedly conspiring over nearly 14 years to rig prices in the $9.6 trillion U.S. corporate bond market, costing ordinary investors billions of dollars. No way! WHO warns : coronavirus PANDEMIC it's just a beginning !! Trust us, the worst is yet ahead of us...COVIDー19 Banks rigging the market? Never ever.
Källa: Reuters - 🏆 2. / 97 Läs mer »
Oil prices recover ground after market turmoil fuels price plungeOil prices found some respite on Wednesday as U.S. oil futures rose more than 20% and Brent prices steadied after a two-day price plunge, as markets struggle with a massive crude glut amid the coronavirus outbreak.
Källa: Reuters - 🏆 2. / 97 Läs mer »
US stock futures jump as oil market collapse weighs on investorsUS stock futures were up on Tuesday as the oil price crash continues to weigh on investors Y’all just got want people out spending money realDonaldTrump
Källa: CNN - 🏆 4. / 95 Läs mer »
5 Things To Know About The Oil Market PlummetingThe Onion brings you all of the latest news, stories, photos, videos and more from America's finest news source. 0 of which are funny Number 7 will shock you! ImGoodWithNumbers its a chinese hoax
Källa: TheOnion - 🏆 724. / 51 Läs mer »