Investors may want to keep the antacid nearby.
Long-term market bull Tony Dwyer sees near-term turbulence in connection with his “summer of indigestion” call. So, he’s encouraging investors to resist making any big moves right now.
“We’ve had one heck of a run. It’s been an excessive run in the indices,” the Canaccord Genuity chief market strategist told CNBC’s “Trading Nation” on Tuesday. “Typically when it’s this kind of indigestion beneath the surface of the market, it eventually comes out into the indices themselves.”