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‘FOMO’ drives stocks higher: analyst
Video Credit: Reuters Studio
Published on June 3, 2020 - Duration: 04:25s
‘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.
‘FOMO’ drives stocks higher: analyst
Sectors that Johnson recommends investors consider buying include tech, consumer cyclicals and healthcare.