grrrr_nt
2021-11-29
Oh well
$S&P 500(.SPX)$
Market strategists split on 'buying opportunity' after post-Thanksgiving selloff
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Manufacturing was also high. And retail sales was up 1.7%.\"</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fcfd46a816e29271cfe5c4ee87af6f4e\" tg-width=\"2804\" tg-height=\"1492\" width=\"100%\" height=\"auto\"><span>The Down Jones Industrial Index year-to-date. Friday's selloff was they year's largest single-day drop despite a holiday-shortened session. (Yahoo Finance)</span></p>\n<p>Other strategists are sounding off warning signs of trouble ahead.</p>\n<p>\"I don’t see it as a buying opportunity. I see this as the first leg of a multistep downward move in the S&P \", Ed Budowsky, a Chapwood Investments managing partner, told Yahoo Finance Live (video above). \"This new variant is an excuse to sell off the market, because the market is so overpriced.\"</p>\n<p>Chapwood added that the market \"has been 31% overvalued for a number of months. It's definitely going to be a downward move going into 2022. ... You just can not support and justify for a long period of time, this kind of valuation.\" said the strategist.</p>\n<p>The Dow Jones Industrial average declined more than 1,000 points at one point during Friday's shortened trading session.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/112802d01ea09c16549f8c1fee3a3f3f\" tg-width=\"960\" tg-height=\"640\" width=\"100%\" height=\"auto\"><span>Actor Rubén Cerda as 'Santa Claus', and Grinch behind performing during lighting of the Christmas tree in Xochimilco, on November 25, 2021 in Xochimilco, Mexico. (Photo by Medios y Media/Getty Images)</span></p>\n<p>Travel-related stocks were among the sectors that slid on Friday over concerns of renewed lockdowns and tighter restrictions. Stay-at-home trades, meanwhile, rebounded: Video calling software-maker <a href=\"https://laohu8.com/S/ZM\">Zoom</a> (ZM) was up more than 7%. At-home-fitness company Peloton Interactive (PTON) gained more than 5% during the shortened trading session.</p>\n<p>“I think it’s a reaction to the uncertainty,” BNP Paribas Asset Management Chief Market Strategist and Co-Head Investment Insights Centre Daniel Morris said on Yahoo Finance Live, later adding: \"We clearly are going into the winter and it does seem, at this point, anticipating the potential problems as opposed to waiting to see if they're confirmed.\"</p>\n<p>Vaccine maker Pfizer (PFE) hit an all-time-high on Friday after a Citi analyst highlighted the company is capable of producing a variant shot in 100 days.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Market strategists split on 'buying opportunity' after post-Thanksgiving selloff</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarket strategists split on 'buying opportunity' after post-Thanksgiving selloff\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-29 07:23 GMT+8 <a href=https://finance.yahoo.com/news/market-selloff-buying-opportunity-191226809.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Dow Jones Industrial Average's (^DJI) worst daily plunge of the year sparked a split among market strategists on wether Friday was a good buying opportunity.\nThe index closed down more than 900 ...</p>\n\n<a href=\"https://finance.yahoo.com/news/market-selloff-buying-opportunity-191226809.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4551":"寇图资本持仓","BK4505":"高瓴资本持仓","PFE":"辉瑞","BK4548":"巴美列捷福持仓","ZM":"Zoom","BK4528":"SaaS概念","PTON":"Peloton Interactive, Inc.","BK4023":"应用软件","BK4190":"消闲用品","BK4554":"元宇宙及AR概念","BK4532":"文艺复兴科技持仓","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4007":"制药","BK4566":"资本集团","BK4525":"远程办公概念","BK4535":"淡马锡持仓","BK4568":"美国抗疫概念","BK4550":"红杉资本持仓"},"source_url":"https://finance.yahoo.com/news/market-selloff-buying-opportunity-191226809.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2186534465","content_text":"The Dow Jones Industrial Average's (^DJI) worst daily plunge of the year sparked a split among market strategists on wether Friday was a good buying opportunity.\nThe index closed down more than 900 points, while the broader S&P 500 (^GSPC) average declined 2.27%.\nEnergy, financials and industrial stocks led the markets lower amid concerns of a new COVID variant first detected in southern Africa.\n\"To the extent this is not as big as Delta was ultimately, then I think maybe it's a little bit of a buying opportunity,\" Simeon Hyman, ProShares Global Investment Strategist told Yahoo Finance Live on Friday. \"All the economic data of the last month or so was really, really strong—I mean, an all-time high ISM Services... Manufacturing was also high. And retail sales was up 1.7%.\"\nThe Down Jones Industrial Index year-to-date. Friday's selloff was they year's largest single-day drop despite a holiday-shortened session. (Yahoo Finance)\nOther strategists are sounding off warning signs of trouble ahead.\n\"I don’t see it as a buying opportunity. I see this as the first leg of a multistep downward move in the S&P \", Ed Budowsky, a Chapwood Investments managing partner, told Yahoo Finance Live (video above). \"This new variant is an excuse to sell off the market, because the market is so overpriced.\"\nChapwood added that the market \"has been 31% overvalued for a number of months. It's definitely going to be a downward move going into 2022. ... You just can not support and justify for a long period of time, this kind of valuation.\" said the strategist.\nThe Dow Jones Industrial average declined more than 1,000 points at one point during Friday's shortened trading session.\nActor Rubén Cerda as 'Santa Claus', and Grinch behind performing during lighting of the Christmas tree in Xochimilco, on November 25, 2021 in Xochimilco, Mexico. (Photo by Medios y Media/Getty Images)\nTravel-related stocks were among the sectors that slid on Friday over concerns of renewed lockdowns and tighter restrictions. Stay-at-home trades, meanwhile, rebounded: Video calling software-maker Zoom (ZM) was up more than 7%. At-home-fitness company Peloton Interactive (PTON) gained more than 5% during the shortened trading session.\n“I think it’s a reaction to the uncertainty,” BNP Paribas Asset Management Chief Market Strategist and Co-Head Investment Insights Centre Daniel Morris said on Yahoo Finance Live, later adding: \"We clearly are going into the winter and it does seem, at this point, anticipating the potential problems as opposed to waiting to see if they're confirmed.\"\nVaccine maker Pfizer (PFE) hit an all-time-high on Friday after a Citi analyst highlighted the company is capable of producing a variant shot in 100 days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":997,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[".SPX"],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":20,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/600878583"}
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