U.S. stocks could fall in March thanks to waning momentum, ‘seasonal’ weakness: analyst
The recent bullish momentum that has propelled U.S stocks to record territory is fading, and “seasonal” weakness in March could push major stock indexes into one of their worst stretches of the year, according to Jonathan Krinsky, chief market technician at BTIG. “The S&P 500 has done nothing wrong technically, but momentum has been waning on each subsequent rally,” Krinsky said in a Sunday client note — adding that the large-cap index, which on Tuesday fi
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