Wide dispersion in stock sectors suggests a slide ahead, says Sam Stovall, citing market history.
As the tech stars dim, other sectors are charging upward, thus triggering the next breakout, CFRA sage declares.
CFRA sage likens investors to an ‘irresponsible teenager’ borrowing against dubious future allowances.
Contrast the current situation with year-end 2018’s lousy showing.
A 1% reduction is taking shape, with most companies already reporting, and things could’ve been worse.