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'This is not healthy': The latest advance for stocks could signal more pain ahead for markets. Here's why

Por: MarketWatch Business October 05, 2022

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But as tempting as it might be to call a bottom in stocks, Nicholas Colas, co-founder of DataTrek Research, said Tuesday that investors should brace for more carnage in the near term as several reliable historical signs of a durable bottom are still missing from markets. Valuations are still too high, Colas said, and although 2022 has seen immense two-way volatility in stocks, sharp moves higher historically tend to signal that more volatility... + full article



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