Michael Sheldon Quotes
The markets remain overbought at current levels and could see some profit taking at any time... However, market internals remain very positive, so investors are reluctant to sell much into that. Given this scenario, we are likely to see more gains through the rest of the year, and some consolidation in early 2005.
Tweet
Markets | Remain | Overbought | Current | Levels |
comments powered by Disqus
Historically, the three-month period before the Fed goes on hold in the rate hiking cycle, stocks have performed well and that carries on for the next 12 months.
- Michael Sheldon
