neil wilson: So far, it looks like that set of geopolitical news may not do any lasting damage, as investors are focused on better-than-expected GDP data that rolled out ahead of the open, according to Market Watch. The combination of the lack of progress with North Korea and China will drag on equities and we might have to wait for a new catalyst to renew the bullish start to the year, said Neil Wilson, chief market analyst at Markets. Investors are waking up to news that talks between POTUS and North Korea's leader fell apart in the wee hours of Thursday as the two couldn't agree over sanctions. Bullish start indeed. But our call of the day, from Doug Kass, president of Seabreeze Partners Management, warns that we've swung from a market opportunity in December to market vulnerability as the month winds down, with risk of an abrupt change in market complexion and momentum on the rise. February is set to deliver gains of 3% or more for new indexes, with some pointing out it's the best two-month start to any year of the year since 1987.
(news.financializer.com). As
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