Blackstone says this is the time to buy stocks. Blackstone investment strategist Joseph Zidle is optimistic stocks will rebound this year, blaming the market’s wild swings on misguided, negative sentiment.
“This is a buying opportunity. We see the market, the S&P 500, up 15 percent in 2019,” he said Thursday on CNBC’s “Futures Now.”
This is what we want to see as we try and trade a swing move up in markets next week. These are the guys leading the retail trading sheep to the slaughter. I think they are setting up a big Bull Trap and they are pulling out all the stops to do it.
This is great for our bullish prediction on markets next week. We want to trade with these vultures, not against them.