business insider stock market crash imminent
A closely followed technical sell signal is about to be triggered in the SP 500 for the first time in two years suggesting theres more downside ahead for the stock market. Billionaire investor Leon Cooperman rules out an imminent market crash trumpets big tech stocks and sounds the national-debt alarm in.
2 days agoStocks are now up 167 since June 16.
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. The death cross is a moving average crossover strategy employed by some traders and technical analysts as a signal to sell a. But longer-term they remain poorly-positioned says Lance Roberts. For more stories visit Business Insider.
Corporate earnings and the SP 500s performance are far above long-terms trends he says. Not only is he expecting a stock-market crash in the region of 60-65 but he also argues that such a meltdown would be completely normal by historical standards.
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