US stocks soared higher overnight with the NASDAQ breaking out of its recent 5-week trading range, we believe it’s a matter of time before the broad-based S&P500 follows suit as the bear market squeeze MM has been looking for finally feels underway.
- MM is looking for a further 5-6% bounce by US stocks led by recovery by growth and in particular tech stocks.
MM remains neutral to mildly bullish US stocks short-term
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