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Market On The Brink? S&P 500 Faces Potential Crash, Analyst Warns
Sunday, June 2, 2024 - 3:27pm | 451The S&P 500 has experienced an impressive seven-month uptick, increasing by 26% since the latter part of October. However, this sustained rise might be reaching its peak, according to Jon Wolfenbarger, founder of BullAndBearProfits.com and a former investment banker at JPMorgan and Merrill...
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Analyst Warns Of Potential 10% Stock Correction Based On Technical Signals: 'Market Is Certainly Vulnerable'
Thursday, February 29, 2024 - 12:10am | 755The stock market is showing signs of a potential 10% correction, according to a leading market technician, despite the ongoing rally. What Happened: Piper Sandler’s chief market technician, Craig Johnson, has warned of a potential 10% correction in the stock market. This prediction is based...
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1970s Stagflation Scenario Looms Over US Stock Market, Warns JPMorgan: 'Bonds Significantly Outperformed Stocks'
Thursday, February 22, 2024 - 12:10am | 643A looming threat of stagflation could prove detrimental to the US stock market, according to JPMorgan. What Happened: The financial giant has expressed concerns about a potential economic scenario reminiscent of the 1970s. Stagflation, characterized by low growth and high inflation, could lead...
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Top Strategist Jon Wolfenbarger Warns Of Stock Market Crash And Year-Long Recession: 'Market Highly Vulnerable To Falling To New Bear Lows'
Tuesday, January 30, 2024 - 3:00am | 903The U.S. economy could be on the verge of a significant stock market crash and a year-long recession, according to market strategist Jon Wolfenbarger. What Happened: Wolfenbarger, a seasoned market observer, anticipates a severe drop in the U.S. stock market and a prolonged recession. Wolfenbarger...