Fund managers cut cash to 3.9% in most bullish stance since February – BofA
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- S&P 500, Dow set to open lower as Gulf tensions send oil to over six-week high
- Brent crude hits six-week high near $97 as Houthi strike targets Saudi Aramco
- Energy stocks rise premarket as oil prices climb on Middle East supply fears
- Novartis shares plunge 10% as failed drug trial clouds growth outlook
- After an 18% summer selloff in chip stocks, Citi asks what comes next
- Citi initiates UiPath coverage with Buy rating and $23 target
- Trump says Canada's Bombardier must build jets in US or lose market access
- European shares subdued as surging crude sharpens focus on ECB rate path
- WestPark Capital Starts Akebia Therapeutics (AKBA) at Buy
- Alibaba (BABA) PT Lowered to $165 at Bernstein SocGen Group
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Raymond James: 'A new short-term (1-3 week) corrective phase is underway'
August 11, 2025 7:52 AM EDTRaymond James: 'A new short-term (1-3 week) corrective phase is underway'
The analyst comments "What Is Happening: A new short-term (1-3 week) corrective phase is underway as new daily mechanical sell signals remain in place on the S&P 500, Nasdaq 100, and Russell 2000 (see red circles, top panel, Exhibits 6, 10, and 12). Our View: Four developing technical negatives suggest... More
