S&P 500 Seen Rangebound in 2022, More Volatility Expected in 2024 Creating Trading Opportunities
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S&P 500 index has little room to reach a fresh record high in 2022, but 2024 may be a "trader's market" with opportunities to buy low and sell high.
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Analyst Jeffrey Saut expects 2024 S&P levels between 4,500-5,400, stable/falling rates, avoided recession, decent earnings growth.
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Saut advises dividend stocks & options writing as winning tactics if choppy trading emerges. He's optimistic on soft landing for economy.
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Markets saw a "three-legged rally" recently that may soon stall out or peak, so Saut sold some non-rallying stocks.
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Tesla, NetEase, Coherus BioSciences in focus on potential Model Y launch, China gaming optimism, FDA approval.