
Market Moves
Slowly It Turns: The Market Rotates Back to Rally Mode
Cyclical stock sectors re-take the lead, but with deliberation, as earnings weaken.
Cyclical stock sectors re-take the lead, but with deliberation, as earnings weaken.
Still-high inflation and an expected recession call for slighting stocks and most other categories, the asset kingpin advises.
Take out options on how the market will react to an array of 3Q results coming up, the firm says.
Banks’ so-so results don’t inspire confidence, as the stock market continues its losing ways.
After regular trading hours is when equities increase the most, a Bespoke study finds.
Projected S&P 500 profits rose just 6.7% in the second quarter, and even slower results are ahead. Not good for stocks, the firm contends.