The market could potentially recover in the near term, despite the volatility experienced this week, as stated by John Flood. “I still think that we’re in buy dip mode,” Flood said in a recent podcast. “You have … a lot of investors from all different cohorts, whether it be retail, institutional, corporate, moving portfolios around.” He added “I do think that the volatility will continue, but I do think general trend for this market is higher, and dips still present solid buying opportunities.”

Flood also stated that retail investors have been the “most consistent” purchasers of equities in 2026. He expects the strength in retail to persist throughout the year, particularly with the notable IPOs anticipated to emerge soon. He also believes the S&P 500 “has a real chance” to surpass the 8,000 “in the near term” due to technicals serving as a tailwind for stocks. “Most important, earnings have been fantastic and they should continue to be,” Flood stated.