Although the S&P 500 (^GSPC) is higher this year, it has lost about seven percent since July. Oppenheimer Asset Management Managing Director and Chief Investment Strategist John Stoltzfus joins Yahoo Finance Live to discuss his 4,900 year-end point target on the S&P 500. The 4,900 point target for the S&P 500 “looks like it’s still very possible,” Stoltzfus says. Stoltzfus notes that we have to take into account “what’s caused the market… to go through this tizzy that it’s going through,” which is a “combination of seasonality, there were various options, expiries that also occurred.” For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Subscribe to Yahoo Finance:
#youtube #S&P500 #yahoofinance
About Yahoo Finance:
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more.
To learn more about Yahoo Finance Plus please visit:
Connect with Yahoo Finance:
Get the latest news:
Find Yahoo Finance on Facebook:
Follow Yahoo Finance on Twitter:
Follow Yahoo Finance on Instagram:
Follow Yahoo Finance Premium on Twitter:
