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Citrini: U.S. stocks have not yet peaked, but we may see frequent pullbacks of 10% to 15% in the coming months.
Svmuu News: In its latest article, leading investment research firm Citrini stated that the U.S. stock market has not yet peaked, and the recent market pullback is essentially just a long-overdue flush of certain highly crowded and over-leveraged momentum stocks. Fundamentals continue to support further gains in the stock market through late summer, but over the next 3–4 months, pullbacks of 10%–15% from recent highs are likely to occur more frequently.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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