Some may say that it’s lonely at the top, but in this case, it’s lonely at the bottom for JPMorgan’s Marko Kolanovic. Kolanovic, who was once one of Wall Street’s biggest bulls, is now the last major stock market bear standing following Morgan Stanley’s revision yesterday. Kolanovic is keeping his bearish view on stocks despite the S&P 500 and NASDAQ hitting more record highs.
And it’s not just stocks which are smashing records – gold, silver, copper, and now, a key uranium ETF has hit a 10-year high.
On our bourses, Webjet has already released its earnings (more details below) while Telix Pharmaceuticals and Eagers Automotive host their AGMs. And there’s already been two early broker moves.
Let’s dive in. S&P 500 SESSION CHART SPX Tuesday 21 May 2024 It may have been a slow grind but the bulls won out in the end. (Source: TradingView) OVERNIGHT MARKETS S&P 500 […]
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