Investment Management
Technology stocks have reclaimed record highs, making them one of the first groups to put last year’s carnage behind them. Mike Wilson, the chief U.S. equity strategist at Morgan Stanley, says groupthink is taking over, a force that while capable of provoking powerful rallies, usually precedes a cycle’s peak Profits are shrinking at […]
The S&P 500 is poised to top out at over 3,000 in Q2 predicts Bank of America Merrill Lynch. BofAML strategists expect banks and oil stocks to fuel the S&P rise to all-time highs in Q2. Its current high, set in September, is 2,940 The latest FOMC minutes show U.S. central bankers reacting […]
The U.S. kicks off 1Q earnings on Friday, 12 April With JPMorgan and Wells Fargo. Our Algo warns that volatility will increase dramatically over the next few days/weeks as intra-day price action suggests deeper sideways price action may continue Our Algo has alerted us to a Fibonacci technical pattern that is setting up […]
After a three-month rally that’s added more than $800 billion to the value of FAANG stocks, individual investors have decided it’s time to cash out of the high-flying names Retail clients at brokerage TD Ameritrade increased their overall exposure to equity markets for a second consecutive month in March, yet they sold shares […]
Equity investors have been worried about the wrong yield curve, according to a strategist at JPMorgan Chase & Co There’s concern that the recent inversion of the yield curve is a sell signal for the market, but critically there’s an average 18-month lag between such a move and the onset of a recession, […]
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