The market is in the midst of a summer rally, says Bank of America's Stephen Suttmeier

Stephen Suttmeier, BofA Securities chief equity technical strategist, joins 'Squawk Box' to discuss the latest market trends, what he's watching in the charts, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/42d859g
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Пікірлер: 20

  • @Cammimullens
    @Cammimullens4 күн бұрын

    I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2024

  • @softy-bf5eg

    @softy-bf5eg

    4 күн бұрын

    Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased. Alternatively, you can consult a trained financial expert for strategy.

  • @TitaAnderson

    @TitaAnderson

    4 күн бұрын

    Yes true, I have been in touch with a brokerage Advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.

  • @marlisamirabal

    @marlisamirabal

    4 күн бұрын

    I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?

  • @TitaAnderson

    @TitaAnderson

    4 күн бұрын

    My CFA ’ANGELA LYNN SCHILLING’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

  • @marlisamirabal

    @marlisamirabal

    4 күн бұрын

    I searched for her full name online, found her page, and sent an email to schedule a meeting. Hopefully, she responds soon. Thank you

  • @TrishHarrington
    @TrishHarrington4 күн бұрын

    With around $120k invested in Palantir stocks, any suggestions for additional stocks to diversify across various markets? Looking for a well-rounded portfolio that balances risk aversion with returns meeting yearly inflation concerns.

  • @Olajumokeodunayo-df5fv

    @Olajumokeodunayo-df5fv

    4 күн бұрын

    Prioritize two goals: strategically buy stocks to limit losses and maximize gains, and be prepared to capitalize on market shifts. Consult a financial advisor or professional for personalized guidance.

  • @LisaSchulte53

    @LisaSchulte53

    4 күн бұрын

    @@Olajumokeodunayo-df5fv Certainly, I've been consulting with a Certified Financial Planner (CFP) since the outbreak. Beginning with an initial fund of $80k, my advisor makes decisions on when to enter and exit positions in my portfolio, which has now expanded to around $350k.

  • @TrishHarrington

    @TrishHarrington

    4 күн бұрын

    @@LisaSchulte53 Please can you leave the info of your investment advisor here? I’m in dire need of one.

  • @LisaSchulte53

    @LisaSchulte53

    4 күн бұрын

    @@TrishHarrington Victoria Carmen Santaella is the licensed advisor I use. Just search the name. You’ll find the necessary details to work with to set up an appointment.

  • @TrishHarrington

    @TrishHarrington

    4 күн бұрын

    @@LisaSchulte53 I will give this a look, thanks a bunch for sharing.

  • @testLuck
    @testLuck4 күн бұрын

    Stop the corruption in the stock market

  • @Corkfish1
    @Corkfish14 күн бұрын

    Cash on the sidelines??? 😂 Someone needs to explain to the "expert" that there are two sides to every trade. If someone takes their cash off the "sidelines" to buy stock what does the seller do with the cash he just received? He puts it right back on the "sidelines".

  • @lesliehatun2044
    @lesliehatun20444 күн бұрын

    Seasonality. Cash on the side lines? 6 trillion. Who got all this money? No wonder people are barely making it. The daily struggle to pay for food, energy, housing, insurance and at the end of the day, it's Seasonality? What in the heck is BofA Stephan Suttmeier talking? Chasing over bought markets? Can barely buy blue eggs.

  • @Corkfish1

    @Corkfish1

    4 күн бұрын

    I laugh every time I hear one of these clowns come on and yap about " cash on the sidelines". There are two sides to every trade. If someone takes their cash off the sidelines to buy stock, what does the seller do with the cash he just got? He puts it right back on the sidelines. These guys come on TV to pump things up with this tired old platitude.

  • @dgaz3057
    @dgaz30574 күн бұрын

    Those that think its hype don't own it.

  • @alexoloughlin2614
    @alexoloughlin26144 күн бұрын

    BITCOIN 😂

  • @GregRyanFitness
    @GregRyanFitness4 күн бұрын

    Summer rally he says as the market sells off today! Lmao, clown.

  • @prolific1518
    @prolific15184 күн бұрын

    Delusional