From Yahoo Finance: 2025-04-19 15:05:00

The S&P 500 showed a “death cross” signal last week due to tariff concerns, but analyst Adam Turnquist predicts stock gains. Despite a 10% year-to-date drop, historical data shows positive returns after death cross signals. The recent 21% decline could lead to a 32% return in 12 months, suggesting a potential rebound.

Turnquist believes that stock market sellers are exhausted, indicating a possible bottom. He notes negative sentiment and oversold conditions, hinting at a potential rebound. The question remains whether the recovery will be V-shaped or drawn-out, with Turnquist leaning towards the latter. A breadth thrust, where most stocks rally, could signal a sustained rally.



Read more at Yahoo Finance: Why you shouldn’t freak out about the stock market’s recent ‘death cross,’ according to one strategist