Stocks could see a pullback before riding higher into year end, strategists say

The S&P 500 is up 25.8% year-to-date. In years when it has gained 20% or more by Thanksgiving, it usually ends the year even higher, but not significantly higher, adding another 1.8% on average, according to Bespoke. There have been 22 such instances, and the S&P has gained in those post-Thanksgiving periods 77% of the time

"Anything could happen to trade or some external event that we have no idea about," said Sluymer. "The call is to stay long through year end, into the middle or later part of the first quarter." "The place to focus in the past three days was the small caps. If you focused on it a month ago, you made no money. If you focused on it for the last three days, you made some alpha," he said. The Russell 2000 is up 2.7% for the week so far, outpacing the S&P's 1.2% rise and even the Nasdaq's 2% gain.Redler said more than an overall pullback, he's expecting different sectors to continue to reverse course.

was up more than 3.2% for the week-to-date, on track for its nine straight week of gains, which would be the best winning streak since May, 2013.

No one knows. But if you say something rad you get on television and that’s everything in our screwed up society. Write Apple is a sell and will hit 220. Boom you’re on every show.

Are these the same strategists that said we were headed into a recession in 2020? Santa Rally is my prediction! Economy is very strong and there are few loses to take... up we go!

What will actually cause the pullback?

YOUR DOW NUMBERS ON TV ARE 50 POINTS LOWER THAN GOOGLE. WHAT'S UP?

Yes maybe maybe not 🙄

Why are your DOW numbers on TV lower than they are on Google?

which in today's terms is about 60 points on the $DJIA

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

It's not just trade hopes fueling the U.S. stocks rallyWall Street stocks have leap-frogged over a host of concerns, including a stall ... it's desparation ! Trading on hopes, now that's something to think about I replied to this earlier but interestingly, the tweet seems to have been deleted. Here's a more discrete summary: many countries are close to recession, and although TINA is a factor, the main driver is rigged markets run buy squeezes and buy-backs, courtesy of CB printed money
Source: Reuters - 🏆 2. / 97 Read more »

Global stocks nearing record highs on trade hopesWorld shares made another push for an all-time high on Wednesday after U.S. Pres... Trump wins every day Is the next headline standby for a fall? The stock market doesn’t want a trade deal, just the hope of a deal so the market can continue to ride upward on the hope! I think Trump has tapped into this reality and is keeping hope alive!
Source: Reuters - 🏆 2. / 97 Read more »

Further to run for global stocks, but trade salve needed: Reuters pollThe global stock market rally has further to run in 2020, according to analysts,... Follow investor_mullin I teach how to earn $100 daily
Source: Reuters - 🏆 2. / 97 Read more »

Asia stocks set to trade higher; Alibaba to make blockbuster debut in Hong KongStocks in Asia were set to trade higher at the open on Tuesday following record finishes overnight on Wall Street. Market going up again! By far the easiest Money 💰 ever! This market reminds me of the Bull Run we had with realestate. You could buy something today go to bed wake up the next day and boom your up 20 percent! Love this Easy 💰
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves after hours: CVS Health, Nutanix, Palo Alto Networks and moreStocks making the biggest moves after hours: CVS Health, Nutanix, Palo Alto Networks & more
Source: CNBC - 🏆 12. / 72 Read more »

Cramer: Recent mergers show stocks are not as expensive as people thinkIf stocks were actually overpriced, there would not be as much merger and acquisition activity, the 'Mad Money' host says. Or that billionaires have a lot of money to burn! Jim Cramer likes the pajama boys now. NorthmanTrader
Source: CNBC - 🏆 12. / 72 Read more »