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'Summer of Indigestion' Will Produce Big Buying Opportunities, Long-Term Market Bull Tony Dwyer Predicts – NBC 7 San Diego

We ve had one heck of a run. It s been an excessive run in the indices, the Canaccord Genuity chief market strategist told CNBC s Trading Nation on Tuesday. Typically when it s this kind of indigestion beneath the surface of the market, it eventually comes out into the indices themselves.
The major indexes just broke a two day win streak. But the S&P 500 and Nasdaq hit all-time highs during Tuesday s session. Plus, the Dow is off just 0.58% from its record high.
It may be hard for some investors to swallow, but Dwyer believes a summer setback is virtually unavoidable. He points to a period of transition in monetary policy, fiscal policy, the economy and earnings. ....

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'Summer of Indigestion' Will Produce Big Buying Opportunities, Long-Term Market Bull Tony Dwyer Predicts – NBC New York

We ve had one heck of a run. It s been an excessive run in the indices, the Canaccord Genuity chief market strategist told CNBC s Trading Nation on Tuesday. Typically when it s this kind of indigestion beneath the surface of the market, it eventually comes out into the indices themselves.
The major indexes just broke a two day win streak. But the S&P 500 and Nasdaq hit all-time highs during Tuesday s session. Plus, the Dow is off just 0.58% from its record high.
It may be hard for some investors to swallow, but Dwyer believes a summer setback is virtually unavoidable. He points to a period of transition in monetary policy, fiscal policy, the economy and earnings. ....

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A 10% Correction Could Grip Stocks Through Summer, Canaccord's Tony Dwyer Warns

You need to reset expectations, the firm s chief market strategist told CNBC s Trading Nation on Wednesday. The areas that have been doing well, the cyclical areas they just need to take a little bit of a break.
The market is getting hit this week. The tech-heavy Nasdaq and Nasdaq 100 are now off more than 5% from their record highs. The S&P 500 is down 2% from its all-time high, logged on May 7. This index is on track for its worst month since last October.
Dwyer warns the situation is set up to deteriorate before the next sustainable leg higher can form.
It s going to be a strange, kind of, grinding summer . where it s going to be counterintuitive, said Dwyer. The numbers are going to be great. The inflation numbers are going to go up. But you could actually see a little bit of profit-taking in some of those cyclical areas. ....

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Stock Index ETFs Accelerate Gains to Close Out Volatile Week

Stock Index ETFs Accelerate Gains to Close Out Volatile Week
May 14, 2021
After a rough start to the week, stocks and index ETFs continued to drive higher on Friday, building on gains in the prior session, thanks to moves in technology shares and stocks benefitting from an economic recovery.
The Dow Jones Industrial Average advanced 0.77% after a rough start to the week. The S&P 500 added 1.22% to trade in the green for a second day as well. Meanwhile, the Nasdaq Composite jumped 1.9%, making moves after prior underperformance.
Major stock ETFs are attempting to maintain back-to-back positive days with Friday’s trading. The ....

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Wall Street cierra con pérdidas en una tensa semana marcada por la inflación

Wall Street cierra con pérdidas en una tensa semana marcada por la inflación
elexpresso.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from elexpresso.com Daily Mail and Mail on Sunday newspapers.

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