US stocks should push higher in 2024, analyst says

The S&P 500 (^GSPC) has gained roughly 18% in the last 6 months, with only a slight pullback in late March to mid-April. Many analysts on Wall Street have raised their year-end targets for the S&P 500.
Fundstrat Global Advisors Managing Director & Global Head of Technical Strategy Mark Newton joins Market Domination to discuss the momentum behind the S&P 500 and the market's overall health.
Newton gives his bullish stance, advising investors: "I think this is a year for risk-taking. I'm very bullish. I think we push up to probably 5400 at a minimum. We can see consolidation I think, in the fall. But now is not a time to be running for cover. If anything, with evidence of treasuries starting to gain some traction and wheels are starting to roll over and the dollar is starting to pull back. That's been great for emerging markets."
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
- Get the latest news and data at finance.yahoo.com
- Download the Yahoo Finance app on Apple (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)
- Follow Yahoo Finance on social:
X: / yahoofinance
Instagram: yahoofinanc...
TikTok: www.tiktok.com/@yahoofinance?...
Facebook: / yahoofinance
LinkedIn: / yahoo-finance

[@ElvisMarshall-xo2lw]

The Market have been suffering over the past month, with all the three indexes recording losses in recent weeks. My $400,000 portfolio is down by approximately 20%, any recommendations to scale up my returns before retirement will be highly appreciated.

[@AaliyahKhalid-kq9gl]

You have to get a financial-advisor/broker to aid you diversify your portfolios to include commodities, inflation-indexed bonds and stocks of companies with solid cash flows, as opposed to growth stocks where valuations were based on future potential earnings,

[@RichieAnnabel]

Yes, I've been in constant touch with a Financial Analyst for approximately 8 months. You know, these days it's really easy to buy into trending stocks, but the task is determining when to sell or keep.

[@PHILIPTURNEL]

How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.

[@RichieAnnabel]

I use Svetlana Sarkisian Chowdhury. You probably must have heard of her.

[@KennyMichael-id1bb]

I searched up Svetlana Sarkisian Chowdhury. Thanks for sharing

[@Cammimullens]

I think the stock market will do well in 2024, so I'm thinking of putting $220,000 into stocks for my retirement. Any advice on doing this safely? Also, any important tips for the current financial situation?

[@TitaAnderson]

Yes, truly, investing in the market, even if it's just the S&P 500, can keep up with inflation, because the growth rate of stocks will always exceed the inflation rate. But if you don't have the courage, you could just invest with a financial advisor, which even has greater return on investments, while securing your investment against losses.

[@marlisamirabal]

Keeping money in the bank is like paying banks and the Govemment. Here's how it works: The bank gives out your money as loan, and charge interest obviously higher than inflation rate, and then give you, the depositor, interest lower than inflation rate. That means net loss for you. That is why I prefer to invest, and on average, my advisor makes returns that always beats inflation!

[@softy-bf5eg]

Glad to have stumbled on this comment, Please who is the consultant that assist you and if you don't mind, how do I get in touch with them?

[@marlisamirabal]

Angela Lynn Shilling a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

[@softy-bf5eg]

Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance

[@Grandmascookies10]

wow, my 2 yr old could a told u this. #1 Its an election year and its inflated for false reasons. #2 Its been trending up for 2 months. Smh

[@unaldurmaz250]

That's right its the best especially being INTC, Ford , NVO. Mooning over and over again

[@w3s77]

Stocks will rip higher due to inflation. S&P 500 20,000 in a few years, but a Big Mac will cost $250.

[@remmyjr8983]

In Mark we trust.

[@colinquekking9033]

next Yahoo Finance YT: "Stocks gonna crash hard in 2024." haha