Sell-side getting very "trading buy" bullish
This article is so good
it's for premium members only.
Does that sound like you?
PREMIUM
ONLY $30/MONTH
BILLED ANNUALLY OR $35 MONTHLY
All BASIC features, plus:
- Premium Articles: Dive into subscriber-only content, market analysis, and insights that keep you ahead of the game.
- Access to our Private X Account, The Market Ear analysis, and Newsquawk
- Ad-Free Experience: Enjoy an uninterrupted browsing experience.
PROFESSIONAL
ONLY $125/MONTH
BILLED ANNUALLY OR $150 MONTHLY
All PREMIUM features, plus:
- Research Catalog: Access to our constantly updated research database, via a private Dropbox account (including hedge fund letters, research reports and analyses from all the top Wall Street banks)
Wilson is staying (trading) bullish
Mike Wilson stays bullish with a tight stop (his stop is at 3700). Regarding the most recent market developments he writes: "The bear market rally was severely test last week with the Fed's clear message that it's far from done and stronger than expected labor market data. However, when the dust settled at the end of the week it survived this onslaught only to face another one this week with inflation data due on Thursday and a mid term election that may present more uncertainty in the short term." He thinks the market survives again and sees the mid terms "providing the catalyst for lower bond yields and higher equity prices".