Where Do Stocks Go from Here?

Diana Avigdor on BNN Bloomberg, 22 Jan 2019

“We have been through a period of extremes.”

Diana Avigdor, portfolio manager and head of trading at Barometer Capital Management, with her take on the current state of the markets.

There is some consensus out there now that we’re going to stop here at technical resistance and retest. While it’s unlikely that it will work out orderly, it will likely be somewhere in the middle.

“We’ll have to see what the actual macro data is going to bring — we’re in a bit of a blind spot as the government shutdown [in the U.S.] has stopped some economic data from coming out.”

Diana cautions, however, that the consensus doesn’t always work out as orderly as you may expect.

Watch the entire video clip for Diana’s complete perspective.

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