Reported 2 months ago
As equity markets face a significant downturn driven by recession fears, technical analyst Ari Wald recommends focusing on long-term growth opportunities, emphasizing the Nasdaq 100 as a better investment choice over small-cap stocks. With the CBOE volatility index reaching a four-year high, Wald indicates that this pullback could represent a temporary dip in an overall upward trend, suggesting a potential market low on the horizon.
Source: YAHOO