Froth in the stock market makes impending correction look almost 'obvious,' strategist says
now trades at a 70% premium to its 200-week moving average, well above where it was before the last several corrections.While he does not foresee a crisis as significant as in the 2000s, Maley says it does serve investors to be cautious and adjust strategy accordingly.
Investors should be looking out for the catalyst that could prompt the downturn, says Gina Sanchez, chief market strategist at Lido Advisors and CEO of Chantico Global. She sees two potential triggers.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Robinhood investors are propping up this stock market, says JPMorganOur call of the day from JPMorgan, says aggress offers up a fresh view on the chances of a correction for stocks
Read more »
Here Are Some Of The Very Best Looks From The 2021 Venice Film Festival (So Far)When I say NEXT LEVEL LOOKS.
Read more »
4 Metrics For Future Stock Market ReturnsEarnings growth will be lower, P/E multiples are close to record highs along with profit margins. Here are four metrics to consider for long-term stock market returns.
Read more »
4 Metrics For Future Stock Market ReturnsEarnings growth will be lower, P/E multiples are close to record highs along with profit margins. Here are four metrics to consider for long-term stock market returns.
Read more »
The Weeknd Paid $70M for a Bel-Air Mansion: Was It the Right Price?The Weeknd has once again added to his property portfolio, snagging a Bel-Air mansion for almost $70 million in an off-market deal, the Wall Street Journal...
Read more »
Enel to look at entering India's power distribution market - CEOItalian utility Enel will to look at the possibility of entering India's power distribution system as the country moves to reform the power sector, Chief Executive Francesco Starace said on Saturday.
Read more »