Professional money managers may be writing up some "sell" tickets.
They have a history of selling stocks if the market increases 10% by the end of Q-I. That's the long-term expectation for equities - per year. If managers have achieved that benchmark return by March 31, they often sell stocks to lock in their gains. The S&P is already up over 8% this year...
They have a history of selling stocks if the market increases 10% by the end of Q-I. That's the long-term expectation for equities - per year. If managers have achieved that benchmark return by March 31, they often sell stocks to lock in their gains. The S&P is already up over 8% this year...
1 comment:
good point of wiew....
Hagen
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