"Nothing is invincible, but there isn't anything that could derail the stock market rally" from JPMorgan.

27.11.2017 / 03:47

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"Nothing is invincible, but the isn't anything that could derail the stock market rally." said Stephen Parker from JPMorgan.

"This is really a fundamental story. We're seeing a market that's being driven by growth, by earnings and by improving expectations. We'd be a lot more nervous if this was taking the form of expanded market multiples showing some signs of froth. But to us, this is a growth story, and we're seeing the best synchronized global growth since the crisis," he said."

Parker has been firmly in the bull camp. During a September appearance he predicted stocks would keep grinding higher.S&P 500 is up 4 percent since then.

To score the biggest profits, Parker is urging investors to look at secular growth stocks such as technology and health care.

And, he views any sell-offs over at least the next 12 months as key buying opportunities, and not a sign that a recession is on the horizon.

Source: Bloomberg Pro Terminal

Trader Bozhidar Arabadzhiev

Varchev Traders

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"Nothing is invincible, but there isn't anything that could derail the stock market rally" from JPMorgan.

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