A
chief market strategist at Voya Investment Management, said he remains bullish
on the market overall, and said skittish investors haven’t been properly paying
attention to positive signs in the economy.
“There
is way too much pessimism in the market,” he said. “The market is focused on
the headlines and really ignores the strong fundamentals underneath,” he added,
referring to healthy gross domestic product in the U.S. and employment figures,
in addition to corporate earnings that have come in better than expected.
Our
proprietary model has turned BULLISH our recommendation is to go LONG
the stock market at this time. The current closing numbers of the indices for
this recommendation are:
Stock Market Closing Numbers
|
|
10/24/2019
|
|
Dow
|
26,805.53
|
Nasdaq
|
8,185.80
|
S&P 500
|
3,010.29
|
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