Tag Archives: expert

Market ‘a little bubbly,’ but pullback coming, expert says

With the earnings propelling equities to new highs, investors will have to wait for an opportunity to get into the market, experts told CNBC on Monday. The Dow Jones industrial average notched its ninth straight record close Monday, ending up 25.61 points at 22,118.42, amid a stronger-than-expected earnings season. “Earnings have been getting better and better,” trader Peter Costa said. While he’s not ... Read More »

The market will ‘continue to see a slow melt-up,’ expert says

While recent market highs may have some concerned about valuations, several experts told CNBC on Friday they expect stocks to move higher, at least for a little while. Both the S&P 500 and Nasdaq managed to eke out new highs Friday, while the Dow Jones industrial average closed just below the flatline to snap a six-day winning streak. “We will ... Read More »

Investors are right to be concerned about the market, expert says

With the recent action in the stock and bond markets, investors are right to be a little bit concerned right now, Burns McKinney told CNBC on Friday. “Stocks are a little bit expensive across every factor, whether it’s price to sales, price to earnings … [or] market cap relative to the economy,” the chief investment officer for Allianz NFJ Investment ... Read More »

There’s no reason for the market to fall apart, expert says

Even if President Donald Trump doesn’t get his agenda enacted, the market can still rise — but what investors should focus on will probably shift, expert David Waddell told CNBC on Monday. “There isn’t any reason for this market to tip into recession, so there’s no reason for it to fall apart,” the CEO of Waddell & Associates said in ... Read More »