Email

The Real Selloff Hasn’t Even Begun… Here’s What to Watch

0 | By Wall Street Insights and Indictments Staff

While Shah allows that the markets could very well rally into year-end, he’s convinced that the selloff – the real selloff – hasn’t even begun yet.

If markets do in fact rally (with Santa’s help), January could get ugly. The big-cap leaders could still drag the markets higher, but there’s nothing underneath to sustain a real rally.

Shah weighs in on a possible merger of EI du Pont de Nemours and Co. (NYSE:DD) and The Dow Chemical Co. (NYSE:DOW) – and why we shouldn’t care about this overblown bit of financial engineering. He also comments on the recent surge by Smith & Wesson Holding Corp. (Nasdaq:SWHC) – and where he expects the stock to go from here.

Leave a Reply

Your email address will not be published. Required fields are marked *


five + = 13