Stock markets heading for the best 3-month period of the year, buy the dip, says Ned Davis
Nasdaq 100 and S&P 500 are currently showing a major dip in market trends, and this pattern could easily go through till September, presenting the perfect opportunity for US investors to purchase the stocks and hold their positions for the future.
S&P 500's downward trend a good buying opportunity, says Ned Davis
According to most market analysts, and even Ned Davis, S&P 500's dip, that has stripped off billions from the market, is actually the best buying opportunity for US investors and get hold of the shares at a below average price. Interestingly, S&P 500 has never fared well in the month of September, but this year, owing to multiple market forces, things are way worse. However, investors could easily take a shot at the stock and hold positions till the time is right.
Is Nasdaq 100's 6% decline worrisome for US investors?
As of now Nasdaq 100 is faltering with a massive 6% decline in value, with recession fears playing a larger role in this scenario. However, if this opportunity is used properly by investors, they could easily receive some optimum benefits from the same.
<div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-taboola» id=«taboola-mid-article-thumbnails-113238678»>
Meanwhile, the September weakness, which is mostly because of recession fears, coupled with the uncertainty around the US Presidential Elections 2024, is turning out to be much worse than what was expected earlier. Meanwhile, reports suggest that the US economy is not showing any trend of showing any vulnerability towards a bear market grip, which is actually a good sign, looking at the fact that things could turn out to be better once the
