Posted on 08/08/2018 5:13:25 PM PDT by BenLurkin
For years, one of the primary factors lifting the U.S. stock market has been the fact that some of the economy’s biggest, fastest-growing names just kept rising.
The strength of growth stocks, in particular some large technology and internet plays, has been a boon for momentum investors, who bet that recent outperformers will continue to do better than the overall market over the medium term. This trade has been one of the easiest ways for investors to make money, but analysts are increasingly concerned that its era may be drawing to a close.
Morgan Stanley called for “a breakdown in both legs of momentum,” which it warned “could be a trigger for a significant market correction.”
Fewer stocks are carrying the load of the market, a sign of exhaustion and, in our view, a bad signal for further price gains,” the investment bank’s team of analysts wrote. It added that a recent example of a major stock hitting a notable milestone for strength — Apple Inc.’s AAPL, -0.13% market capitalization cresting $1 trillion — “sure sounds like a ‘ringing of the bell’ to us.” Rather than the $1 trillion valuation being a sign “that all is right with tech,” Morgan Stanley wrote, it “could be a meaningful historical market for a tradable top.”
But other analysts see Wall Street as primed for a breakout.
(Excerpt) Read more at marketwatch.com ...
So in other words, no one knows exactly where the market is going. Shocking news.
But other analysts see Wall Street as primed for a breakout.
...
Who to believe?
The Left *has* to talk up a recession. It’s their primary hope in getting Trump removed or at least defeated in 2020.
“So in other words, no one knows exactly where the market is going. Shocking news.”
The market is going up.
When National Enquirer’s Weekly World News shut down, 90% of the stringers found jobs at Marketwatch. They all believe in bigfoot, UFOs, aliens and snorting coke before writing reports for Morgan Stanley. I’d rather consult a Tibetan soothesayer before the frauds at Morgan Stanley.
Long term, sure. It always does. But short term? Who knows.
Of course, expect ‘a correction”, courtesy of György Schwartz and friends, just ahead of the mid-terms. I’m sure that Emperor György Palpatine is prepared to lose several hundred million, if it results in the Demonrats regaining Congress. ANYTHING to get PDJT impeached!
Certain stocks will correct; but the market is trading appropriately on a bright future.
Bloomberg will back it up,Nuf Said
Marketwatch is notorious for spewing liberal propaganda and putting out worthless articles like this one.
For the last 10 years, maybe 20 years, there has really been nowhere else to put your money. Interest rates are the pits, international has been mostly awful, etc. It came down to the market or the mattress, pick which you want to put your money in. Maybe more people will start choosing to stuff their mattresses with cash but short of that, still not sure what a reasonable alternative investment is in this current environment.
Investments in stock also help fuel the economy. There’s a reason companies go public to raise money. Everything in life has some risk. I would rather take a calculated risk than to have little to no possibility of growing my financial worth.
This is a far Left owned and operated rag.
Knowing this is a far Left Wing rag .
They want to create the mess to help the radical Dems in the midterms.
Market Watch...Just like financial articles on Yahoo, written by....Newman.
“Marketwatch is notorious for spewing liberal propaganda and putting out worthless articles like this one.”
They have been doing this whenever a Republican has been Potus or we have a Republican controlled Congress.
Who to believe? There is usually a mild correction in the markets during the dog days of summer. Which is now. And October is usually a bad month for the market. So, basically the markets could stub their toes this year like always happens and the “sky is falling people,” will say I told you so. 2 or 3 percent lower and buy more.
They did it when Obama was in office and had the Congress.
They did it when Obama was in office and had the Congress.
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