Apr 4, 01:32 PM

US Stocks Rally Further with $16B Net Long Positions in S&P 500 Futures

JPMorgan Asset Management's global strategy chief and Citi analysts believe that US stocks have room to rally further despite their high valuations. Citi reported over $16 billion in net long positions added to S&P 500 futures last week, indicating positive market sentiment. Bank of America's Savita Subramanian also supports the view that stocks can continue to rise, with her successful S&P 500 rally prediction reinforcing her stance.

#JPMorgan Asset Management #Citi #US #Bank of America #Savita Subramanian

Written with ChatGPT (GPT-3).

Sources

Bloomberg@business
2 years ago
Why the Stock Market Rally May Have Even Further to Go https://t.co/8vFMUliz83
Tracy Alloway@tracyalloway
2 years ago
NEW ODD LOTS SAVITA SUBRAMANIAN ON WHY STOCKS CAN KEEP GOING UP BOA’s head of US equity strategy has nailed the rally in the S&P 500 this year. She talked with me and @TheStalwart about why she thinks stocks have further to go. https://t.co/H0qSZvPu6m
Bloomberg Markets@markets
2 years ago
Why Bank of America's Savita Subramanian thinks stocks can keep going higher https://t.co/kgr7Q52Rnz

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