Stock-market timing expert DeMark ‘confident’ S&P 500 surges 5% in next 2-3 weeks—then watch out!
Ask Tom DeMark how confident he is about his most recent equity-market timing call and he will imply that it is almost a no-brainer from his perspective.
“I’ve been stubborn and obstinate about 3,907 since November,” DeMark told MarketWatch in an exclusive phone interview Thursday morning.
That figure represents where the market-timing expert expects the S&P 500 index SPX, -3.08% to climb over the next two or three weeks, representing a further 5% surge for the broad-market benchmark before the end of the year.
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