Market sell-off won't last for one key reason, CIO says: There's no tech bubble to burst

  • 📰 nbcchicago
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

News ข่าว

ประเทศไทย ข่าวล่าสุด,ประเทศไทย หัวข้อข่าว

“I just don’t see a tech bubble. Yes, a few stocks have done well, and they have done well on earnings that they have delivered.”

"I do not see any reason to be concerned that you're going to enter a bearish pattern where the market is overbought and therefore people are going to sell. I just don't see that pattern," Manish Singh, chief investment officer at Crossbridge Capital, told CNBC.

"So if you have 100 stocks and seven of them are doing well because they have delivered earnings, that's fine. There are 90 other stocks which haven't done well, so I do not see any reason to be concerned that you're going to enter a bearish pattern where the market is overbought and therefore people are going to sell. I just don't see that pattern," he said.

"This is no different than what you see in a U.S. election year, where you have a seasonality around August and September, and then post-election, the market starts rallying," he said.

 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

 /  🏆 545. in TH

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Market sell-off won't last as there's no tech bubble to burst, CIO says“I just don’t see a tech bubble. Yes, a few stocks have done well, and they have done well on earnings that they have delivered.”
แหล่ง: NBCLA - 🏆 319. / 59 อ่านเพิ่มเติม »

Market sell-off won't last as there's no tech bubble to burst, CIO says'I just don't see a tech bubble. Yes, a few stocks have done well, and they have done well on earnings that they have delivered.'
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »

Bitwise CIO Hougan Says the Bitcoin Market ‘Is Not Bullish Enough’Crypto Blog
แหล่ง: Crypto_Potato - 🏆 568. / 51 อ่านเพิ่มเติม »

Tuberville, Alabama lawmakers blame market unrest on ‘Kamala Crash’: Why did the stock market drop?The Dow was down more than 900 points by lunchtime.
แหล่ง: aldotcom - 🏆 82. / 68 อ่านเพิ่มเติม »

July inventory increase brings Denver housing market closer to a buyer’s marketWith a 68% increase in available inventory from July of last year, the close-price-to-list-price ratio is the lowest it’s been since July 2020. According to the July monthly real estate trend…
แหล่ง: denverpost - 🏆 13. / 72 อ่านเพิ่มเติม »