Will Geisdorf, CMT, Senior Research Analyst was quoted in MarketWatch's Market Snapshot today:
Stocks Look for Direction One Day after S&P 500, Nasdaq Hit Fresh Records
December 2, 2020
The pullback in stocks over the past few days is to be expected, said Will Geisdorf, senior research analyst with Sarasota, Florida-based Allegiant Private Advisors. "November was one of the strongest months ever, and now we're just taking a little pause here."
"We think there's still room for this rotation to continue," Geisdorf told MarketWatch. "Coming out of recessions, small-caps (RUT, -0.38%) and value stocks typically outperform. Still, in the short term, with this post-Thanksgiving COVID surge, we may have a little bit of a shakeout in December. Look at weakness as an opportunity to add risk."
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