Alec Young is an experienced wall street investment strategist with over 17 years experience. Prior to joining MAPsignals, Mr. Young spent 11 years working in senior investment strategy roles at both S&P Global and Oppenheimer Funds. His top-down expertise extends across asset classes from equities to credit and alternatives. Mr. Young is regularly quoted in the Wall Street Journal, Financial Times, NY Times, Barron's, Bloomberg.com, USA Today and ETF Trends, among many others. He also often appears on CNBC, Bloomberg TV, PBS, CNN and Reuters, among many others. Mr. Young is a graduate of Grinnell College and has completed executive education programs at the University of Pennsylvania's Wharton Business School.
After a great run, stocks are finally seeing healthy profit-taking. Last month, we enforced our pullback narrative after the BMI hit a scorching 83.9 on August first, states Alec Young of MAPSignals.
The media has been love-stricken with mega-cap technology stocks this year. After a mammoth runup, it’s not surprising, states Alec Young of MAPSignals.
They say that stocks climb a wall of worry. It’s true. Rarely is the march higher in equities a cakewalk, states Alec Young of MAPSignals.
Tech’s been on fire. It’s up 35% YTD, almost triple the S&P 500’s (SPX) 12.5% gain. Tech’s been MAPsignals’ top-ranked sector all year. Strong earnings growth will fuel the tech rally, states Alec Young of MAPSignals.