The stock market still has 13% near-term upside as technical forces spur a rally, says Morgan Stanley stock chief amid client skepticism


The stock market could stage a 13% rally in the near term as investor doubt rises, according to Morgan Stanley’s Mike Wilson. He highlighted that the 200-week moving average is proving to be a pivotal level for the S&P 500. “Friday’s price action is indicative of just how off sides both stock and bond markets…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Articles You May Like

Limited Time 15% Promo!
Mountain forests disappearing at alarming rate, says study
From sawmills to hydrogen
Households Priced Out by Higher Interest Rates
RMK 2022 profit €153 million
Build It and They Will Come: 10 Surprising Cities Where New-Home Construction Is Booming