Wall Street bull expects the record rally to temporarily get tripped up (via CNBCFuturesNow)
Oppenheimer Asset Management's John Stoltzfus suggests investors may want to fasten their seat belts.
"Any kind of disappointment in a sense, okay, I can kind of take profits today without FOMO [fear of missing out] gripping my soul," the firm's chief investment strategist told CNBC's "With the fear of missing out gripping fewer investors, Stoltzfus contends it's not the time to get aggressive.The index, which closed the week at new record highs, has already surpassed Stoltzfus' year-end target of 2,860 by almost 6%.
Stoltzfus notes a more favorable development in the U.S.-China trade war would be an integral part of his bull case. He believes it's the biggest headwind holding back stocks from ripping even higher.
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