Reported 3 days ago
The S&P 500 recently experienced a 'death cross' signal amid economic concerns due to tariffs, but strategist Adam Turnquist of LPL Financial suggests that this indicates potential stock gains in the future. Historical trends show that after such signals, stock market returns have been positive, particularly following severe market declines. Turnquist believes the market may have hit a bottom, although he cautions that recovery might be gradual instead of a quick rebound.
Source: YAHOO