Tag Archives: meltup

[unable to retrieve full-text content]Tax-loss selling, ‘Santa rally’ could sway U.S. stocks after November melt-up  Yahoo Finance Source link

Amidst the expanding number of Wall Street bears right now, there is Chris Harvey, Wells Fargo Securities head of equity strategy. The nearly 30-year markets veteran is staying bullish on his outlook for stocks despite the naysayers looking for market plunges into year-end. Harvey is calling for the S&P 500 to end the year at 4,825, or up 8% from current levels.  For Harvey, there continues to be several key drivers of higher stock prices still in play. “Our 4,825 call is what we call an… Source link