The Call to Sell Stocks
CNBC's "Fast Money"
00:00
Stocks Are More Expensive Than They Used to Be
We are coming into a seasonably weak period of time. A ned davis research shows that in the second year of a stock market rally there's a correction, on average around 16%. You know, al all the pieces are in place. And so, you know, it could just very well be that the the news and the unexpected rise in covet cases, it is the catalist that sets off the summer correction. I often quote baron von rothschild, who, when asked the secret of his great wealth, said, i sold early.
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