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Friday, April 19, 2024

‘FOMO’ drives stocks higher: analyst

Duration: 04:25s 0 shares 1 views

‘FOMO’ drives stocks higher: analyst
‘FOMO’ drives stocks higher: analyst

Piper Sandler senior technical analyst Craig Johnson says investors' fear of missing out on the rally are driving the markets up.

He tells Reuters' Fred Katayama technical indicators suggest the markets will march higher.

Sectors that Johnson recommends investors consider buying include tech, consumer cyclicals and healthcare.

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