Watch out for ‘dead cat bounce’ in stocks because there’s more pain ahead: Morgan Sta

[NewsFeeder]

Watch out for ‘dead cat bounce’ in stocks because there’s more pain ahead: Morgan Stanley’s Wilson

October is living up to its reputation as a volatile month for stocks with major indexes down sharply and there is likely more pain ahead for investors, according to one prominent Wall Street analyst.

https://finance.yahoo.com/m/101aeca...9fc8c9/watch-out-for-‘dead-cat.html?.tsrc=rss

 

[wavecoder]

One thing that's worrisome is financials (XLF) got absolutely slammed today

 

[tsptalk]

Like many other indices, the XLF tested the early October lows on Monday.