BoA says that “The equal weighted S&P could rip” – could do double the S&P 500 gain
BofA Securities head of US equity and quantitative strategy in a Bloomberg TV interview overnight: probably a lot of this good news has been priced … maybe even overpriced into…
Read More »S&P 500 & Nasdaq Rebound from Key Support; How Much More Upside?
Despite the escalation in geopolitical tensions, US indices have rebounded from key support after an apparent dovish shift by Fed officials. However, rising US real yields/cost of borrowing pose constraints…
Read More »S&P 500 closes week lower amid surging volatility and skyrocketing US yields
Wall Street finished the week on a lower note, as a pile of expiring options and an index rebalance sparked volatility in the US equity markets after
Read More »US Indices’ Rally is Cracking: S&P 500, Nasdaq Price Action
The upward pressure in the S&P 500 and the Nasdaq 100 index is finally fading — at least for now. How much more downside for US indices?
Read More »US Indices Rally Beginning to Crack? S&P 500, Nasdaq Price Setups
Relatively bigger down days than up days since late July on the daily charts of the Nasdaq 100 index and the S&P 500 index’s fall below support for the first…
Read More »S&P 500, Nasdaq Outlook: US Stocks Embrace Potential ‘Soft Landing’
US equities are set to rise in July as the Fed nears peak rates. Better-than-expected US data reignites hopes of a soft landing ahead of Apple and Amazon Q2 earnings
Read More »S&P 500 Outlook: Make or Break Week for Stocks ahead of Netflix, Tesla Earnings
The S&P 500 begins the week on the front foot, notching its best close in 2023 ahead of this week’s key corporate earnings reports, which include results from Netflix and…
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