The Latest Stock Market Pullback Is Not a Buying Opportunity

The broader markets saw declines on Monday and Wednesday of this week, but not enough to warrant a buying opportunity.
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The broader markets saw declines on Monday and Wednesday of this week, but not enough to warrant a buying opportunity. 

That's the assessment from Andy Kapyrin, director of research of RegentAtlantic.

The S&P 500 is now at 2,557, down from its peak of near 2,575.

Kapyrin is bullish on Dow component IBM (IBM) - Get Report even though the stock has given up the gains it scored following its latest earnings release last week. 

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