'No one wants to be on the sidelines': A professional trader who called the last 2 market rallies explains why the S&P 500 will surpass 6,000 by year's end — and shares 10 of his favorite ...
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Source: Business Insider
Artificial intelligence enthusiasm, fear of missing out, and better breadth will fuel gains. Here are 10 top investments the trader loves during another massive market rally. This record-setting rally for US stocks is only beginning, according to a professional stock trader who predicted the previous two major market surges. Just over two months ago, John Salama had a hunch that the S&P 500 would soar past the 5,200 mark by the end of April. His call came true on March 20, roughly six weeks early. The veteran derivatives trader also anticipated US stocks' powerful year-end rally in September, even though his forecast was a few weeks premature. There have been many milestones in markets so far this year, and Salama sees several more around the corner. In fact, the trader said in a recent interview with Business Insider that the S&P 500 will break through 6,000 by the end of 2024, less than a year after first topping 5,000. Salama spent the early part of his 16-year career as
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