Increased volatility ahead of today’s U.S. Election and last week’s market selloff are opportunities to “lean into that weakness,” says one strategist. “We think we’re in the early stages of a bull market.”
“We think we’re in the early stages of an economic cycle, and we think we’re in the early stages of a bull market,” Keith Lerner, chief market strategist at Truist/Suntrust Advisory told Yahoo Finance.
On Monday, the markets rallied following the worst weekly loss for the S&P 500 since March…
“Volatility doesn’t always have to be a negative,” said Lerner. “What we’ve been telling our investors into October, but even if the next few weeks are a bit choppy, is to lean into that uncertainty.”
MacDailyNews Take: We’re certainly bullish on Apple as the multi-year 5G iPhone super cycle begins and hundreds of millions of iPhone users upgrade, add accessories like Apple Watch and AirPods, services like Apple Music and Apple TV+, and move into Macs and iPads.