Don’t expect U.S. stocks to mount anything more than an anemic rally in coming weeks. That’s because there’s still too much bullish sentiment. According to contrarian analysis, the most impressive rallies begin when there is widespread pessimism, just as market risk is highest when there is widespread optimism.
Earlier this month was the most recent such occasion. Since then, the Dow Jones Industrial Average DJIA, +0.10% and the NASDAQ Composite index COMP, -0.03% have both fallen 2%. Watch what they do You may wonder how to square this conclusion with that of a recent Deutsche Bank survey, which found a growing “wall of worry” among 550 global market professionals. Specifically, a majority of them now say that they expect a 5% to 10% market pullback between now and the end of the year.
AYA fintech network platform provides proprietary alpha stock signals and social finance tools for U.S. stocks such as Facebook, Apple, Microsoft, Google, Amazon, Nvidia, and Tesla (FAMGANT).
Wake up before it’s too late. Learn the truth about the vaccines. It’s all on my Twitter page. ⚡️
Too many people have a positive outlook, therefore the stock market can not run up?
good luck
ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว
Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้
แหล่ง: Reuters - 🏆 2. / 97 อ่านเพิ่มเติม »
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »