Earnings could spark a significant pullback this week, long-time market bull Art Hogan warns

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Earnings could spark a significant pullback this week, long-time market bull Art Hogan warns (via TradingNation)

," he said. "The index is trading at 25 times and it's throwing out a dividend that's less than 3%. Both of those numbers are historically stretched. This is an index that usually trades at 16 times and has about a 5% dividend.", contends it's no reason to turn bearish. He's looking at the next downturn as a key buying opportunity., increasing the cash has been a major strategy.

"Our cash levels coming into the first quarter have been higher than they historically are," Hogan said.

 

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TradingNation People who are waiting for pullback need to wait couple more years.

TradingNation The Earth “could” fall into the sun this week too. Can I be an analyst on now?

TradingNation ArthurHoganIII lol, let’s see....CoronaVirus pandemic, rockets hitting US Embassy...and this long term dope says earnings will hit the market? lol pathetic

TradingNation I have been waiting for a pullback for the last twenty years!

TradingNation Suprise surprise! Tech stocks massively overvalued. Earnings per share going to get hit. Expect a 30% + drop

TradingNation Really? The economy is booming. Booming!

TradingNation Or...they could not. One or the other, I'd say.

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