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Don't buy U.S. stocks now, says Randy Watts

Tuesday, May 14, 2019 - 03:49

Wait for the S&P 500 to drop to its 200-day moving average of roughly 2775 before wading back into the market, William O'Neil & Co. chief investment strategist Randy Watts tells Reuters' Fred Katayama. He says stocks are in a downtrend. He likes the prospects for Disney, Microsoft and Service Now.

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Wait for the S&P 500 to drop to its 200-day moving average of roughly 2775 before wading back into the market, William O'Neil & Co. chief investment strategist Randy Watts tells Reuters' Fred Katayama. He says stocks are in a downtrend. He likes the prospects for Disney, Microsoft and Service Now.

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Don't buy U.S. stocks now, says Randy Watts

Tuesday, May 14, 2019 - 03:49