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New market highs are ahead but don't buy just yet, says Wall Street bull Tony DwyerCanaccord Genuity's Tony Dwyer is predicting the S&P 500 will end the year 9 percent higher than Thursday's close. However, he expects stocks to drop around 3 percent first, and that will be the buying opportunity. Yeah. Try to time it. LoL LOL... Highs with Global Economies crashing down, trade wars not working out, home sales falling, a Fed that is acting like we are in a recession, and many missed earnings with lower guidance? Hell, even those who beat earnings had their guidance greatly lowered last quarter
Source: CNBC - 🏆 12. / 72 Read more »
A demoralizing market pullback is coming before stocks can soar to new highs, Tony Dwyer saysCanaccord Genuity's Tony Dwyer believes a powerful market rally will rise from 2018's wreckage. Do your so called experts recommend anything but buying TradingNation He’s fantastic ‼️‼️
Source: CNBC - 🏆 12. / 72 Read more »
Market close to hitting 'all-clear' signal that could mean upside ahead: Wall Street bull Tony DwyerThe market is close to hitting an 'all-clear' signal that could mean upside ahead, Wall Street bull Tony Dwyer says. Nonsense. The market is up today because Trump didn't do anything outrageously stupid in Argentina. But as soon as the indictments are handed down you can bet there will be a downturn in the market. Unless Mueller kills the party which it seems is imminent Everyone one has a reason or prediction about makets. Folks just make shit up !
Source: CNBC - 🏆 12. / 72 Read more »
How the stock market’s 2018 performance ‘rhymes’ with 1994, in one chartThere are enough similarities between 1994 and 2018 to give investors some insights into how markets might behave in 2019, says Canaccord Genuity’s Tony Dwyer. I would not place much weight on this week's action. Volume are low, the big institutions have pretty much through trading for the year. Expect the market to move downward and even perhaps get oversold short term. Next year fundamentals do not look very good at all. Harvest time for investors
Source: MarketWatch - 🏆 3. / 97 Read more »