S&P 500 to end 2024 with small gain after strong 2023: Reuters poll
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Citi on Large-Caps: 'strong earnings suggest that the current run up is less of a bubble than is feared'
February 23, 2024 6:24 AM ESTCiti on Large-Caps: 'strong earnings suggest that the current run up is less of a bubble than is feared'
The analyst comments "Large cap stocks with strong rallies into earnings on average drift higher. We run a quick study on extraordinary performance around earnings, as we have seen from NVDA. We collect data on S&P constituents in the last 30 years, some 1120 tickers and analyze the times where the stock has rallied 35%... More
UBS says investor positioning could be China is 'the most extreme in recent memory'
February 22, 2024 8:53 AM ESTIn a note to clients Thursday, analysts at UBS investors questioned whether investor positioning on China is the most extreme in recent memory.
The bank said its tracking of the top 40 global funds (including both passive and active holdings) shows that their total equity holding in China is at the lowest... More
