Barry Ritholtz Quotes
You had enough of a sell-off in October that you created an oversold condition. We can rally to mid-December. We might back and fill for a week or two, but the rally will support a possible 10 percent move on the Nasdaq; the S&P can get up to 1,280, while the Dow maybe gets up another 500 to 1,000 points.
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Sell | October | Created | Oversold | Condition |
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We very much benefited this year from the still-low interest rates, with the Home Depot's and Lowe's of the world doing well... The whole universe of homebuilders and mortgagers did really well, too, but as interest rates continue to rise next year, that's going to dry up some.
- Barry Ritholtz
