Wells Fargo tells its clients to reduce exposure to 'overvalued' tech stocks
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Declining short interest is what makes S&P 500 vulnerable: JPMorgan
June 22, 2024 4:00 AM EDTJPMorgan warns that the S&P 500 could be vulnerable due to declining short interest in major ETFs like SPY and QQQ.
Analysts at the bank note that this decline has been "providing a steady flow support to US equities over the past year, helping to suppress... More
JPMorgan estimates equities will see a $50B hit due to quarter-end rebalancing
June 21, 2024 8:52 AM EDTJPMorgan analysts warn that US equities could face a $50 billion outflow due to quarter-end rebalancing by institutional investors.
"The declining short interest on SPY and QQQ ETFs has been providing a steady flow support to US equities over the past year," they note. However, they see this trend reversing as... More
