"We now believe that market will advance into year-end," Mislav Matejka, head of global and european equity strategy at J.P. Morgan said in a note to clients Monday.
Positives for the market could come from a second rate cut from the Federal Reserve and the restart of the European Central Bank's quantitative easing, said Mislav.
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Based on cyclical trends, I call B.S. My guess would be a 10% drop before years end.
Our dealers need to unload s&p futures. Please buy the open.
That sounds a bit like WISHFUL THINKING, Donald Trump style. Last I looked the futures were way down this morning. Who is going to remember this prediction if it doesn't pan out?
In other words ‘we are selling long term puts’
Yet MSM is screaming recession and the end of Trump .....
These analysts sure do take a lot of different positions.
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