By CCN: Following a banner quarter, one Wall Street analyst says that the US stock market is teetering on the brink of a cooling-off period. Luckily, prescient investors stand to reap a major windfall when it’s time to buy the dip. Robert Sluymer: S&P 500 Will Erase a Month of Gains As of Thursday’s close, Wall Street’s three major indices had all climbed by double-digits since the trading year began. The tech-heavy Nasdaq surged 20 percent. The S&P 500 rallied 15.7 percent. Even the Dow Jones Industrial Average, which is disproportionately impacted by the US-China trade war, climbed 13.8 percent.
The post Stock Market Flips Bearish: Analyst Reveals How to Buy the S&P 500 Dip appeared first on CCN
source https://www.ccn.com/stock-market-flips-bearish-analyst-reveals-how-to-buy-the-sp-500-dip
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