Banks ease borrowing from Fed's emergency lending programs in latest week
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/15/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- SanDisk upgraded at JPMorgan after investor day; shares climb
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
Buy Hang Seng, sell AI, says BofA's Hartnett
June 2, 2023 8:46 AM EDTBofA's Michael Hartnett said in his flow show note on Friday that the contrarian trade in June is to buy the Hang Seng and sell artificial intelligence (AI).
"Tech/stocks have discounted June Fed pause, leaves China stimulus as bullish June surprise...contrarian June trade is 'buy HSI, sell AI'...hedge with some beaten-up commodities, EM, resources, banks," the analyst... More
