‘Godfather’ of chart analysis says Wall Street shouldn’t bet on stock-market records anytime soon
May 16, 2019 at 15:07 PM EDT
Prominent market technician Ralph Acampora says Wall Street needs new highs for him to be confidently bullish about the outlook for the stock markets, after a whipsawing period for the major indexes. But it’s not entirely clear that investors will see records in the immediate term.