Wall Street’s "Crystal Ball" Shatters as Stocks Stage Big Rally

Bloomberg2023-07-02

Bearish and wrong is ‘worst place to be’ as tech fuels S&P 500JPMorgan, Morgan Stanley strategists maintain gloomy outlooksAs the trillion-dollar AI rally gathers pace, pity the humans on Wall Street ...

Source Link
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Tongdadd
    2023-07-02
    Tongdadd
    Keep being bearish and you will be right one day. Is it so difficult being an analyst? All you need is a basket load of excuses and explanation. 
  • Merdeka1981
    2023-07-02
    Merdeka1981
    Bull markets start when market is full of uncertainty and utter pessimism. That's also where the prices of high quality stocks come at very awesome discounts. That's also when u need serious balls to get into the market to buy. After market has gone up sufficiently and everyone starts to agree that the bull market is here and confirmed, prices of quality stocks would've doubled easily from the lows. That's ironically the time everyone jumps in and buy. But, that's also where the market enters a healthy correction. Like what grandpa buffet always says... "when people are fearful, I buy... and when everyone else is buying, I get ready to buy some more when things drop"
Leave a comment
2
2