UK Inflation to Hit Over 18% Next Year - Citi

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BTIG's Krinsky Keeping an Eye on the SPX 20 DMA

August 22, 2022 4:04 PM EDT

BTIG analyst Jonathan Krinsky told investors in a note Monday that while the firm is watching SPX 4,177 (its June high), they have also noted that the 20 DMA is 4,166.

"There were some buyers around that level off the open, but an inability to hold above that would be another... More

Ned Davis Research Shifts to Bullish on Equities - Bloomberg

August 22, 2022 1:22 PM EDT

Independent research firm Ned Davis Research is shifting to a bullish view on equities once again after ditching its call at the start of the year, Bloomberg reported Monday.

The firm has reportedly moved to an overweight allocation on global stocks, the first time since January 20, a few... More

Fed Tightening Expectations Still Driving Near-Term Crypto Markets - Morgan Stanley

August 22, 2022 12:01 PM EDT

Speaking on cryptocurrency markets, Morgan Stanley analyst Sheena Shah said in a note to clients Monday that Fed tightening expectations are still driving near-term crypto markets.

Shah added that institutional crypto deleveraging appears to have paused as stablecoin market cap, an indicator of crypto liquidity, stopped falling, but leverage demand is subdued.

"Stablecoin availability is a sign of liquidity... More

UBS Warns Investors Not to Chase the Tech Rally

August 19, 2022 10:27 AM EDT

UBS analyst Mark Haefele cautioned in a note to clients Friday that investors shouldn't chase the tech rally.

US tech shares have rallied in recent months, with the Nasdaq and the NYSE FANG+ index up close to 20% from their respective mid-June lows.

The analyst said many of the drivers behind this outperformance are clear: major tech earnings beat expectations, long-term inflation fears (and... More