Selling Exhaustion Suggests Turnaround Point Near
Oct 6, 2023
• 5
Min Read
“Satisfaction of one's curiosity is one of the greatest sources of happiness in life.” ~Linus Pauling, Nobel Laureate (Chemistry, 1954 and Peace, 1962)
Good evening:
As the first trading week of October and the fourth quarter of 2023 began, Fundstrat Head of Research Tom Lee acknowledged that the tough third quarter, in which the S&P 500 fell 3.6%, has left investors nervous and fearful. However, he pointed out that the markets and the economy have been resilient this year, and “from that perspective, it’s always been better to add exposure when markets are concerned and ske...