From Morningstar: 2024-04-27 10:19:00

Veteran technical analysts Ralph Acampora, Larry Williams, and Vance Howard are predicting market weakness ahead. While the U.S. stock market may experience more weakness in the coming weeks, this selloff is not expected to mark the end of the bull market. Acampora advises patience and suggests waiting for a panic moment that could occur in mid-May. Williams expects market strength until the middle of May before weakness sets in, followed by a rally in early June. Howard sees the current market weakness as creating buying opportunities, particularly in computer-chip stocks like AMD and Nvidia.



Read more at Morningstar: ‘This will be a little bit worse than a normal correction’: April’s stock-market selloff isn’t over yet