Stocks opened higher Monday, rebounding off of last week's market selloff—then pulled back. Will a rally form and hold? Robert Doll, vice chairman and chief equity strategist at BlackRock, discussed his market outlook.
“After initial thrust off a recession low, you typically get a growth slowdown,” Doll told CNBC.
Doll said although most of economic data are coming out on the softer side, he doesn’t see a double-dip in the near future.
Meanwhile, Doll told investors to focus on the earnings results in the near-term.
"It’s going to be tough to have a beat we had in the first quarter, but if we can beat in the bottom and topline, I think we’ve got a shot at a trading rally for the summer," he said.