$S&P 500 Index (.SPX.US)$ $Nasdaq Composite Index (.IXIC.US)$ $Dow Jones Industrial Average (.DJI.US)$ Michael J. Wilson, known as the 'biggest bear on Wall Street', firmly supports the rebound of US stocks, stating that the S&P may be pushed up to 4300 points, but still leaves himself a 'way out', he said that if it fails to hold the 200-day moving average, the rebound cannot be realized.
After the release of the CPI data in the United States on Thursday, 'the biggest bear on Wall Street' Michael J. Wilson continues to be bullish on US stocks, emphasizing that this rebound is not over yet, and over the past month, his title as 'the biggest bear on Wall Street' may have become a thing of the past.
Wilson is one of the most famous bears on Wall Street, accurately predicting the sharp drop in US stocks this year. However, starting on October 17th, Wilson began to support the 'technical' rebound in US stocks. In his report, he wrote that the S&P 500 index has fallen by 25% this year and is testing the 'important support bottom' of the 200-day moving average, which may trigger a technical rebound, speculating that the S&P 500 index may rise to 4150 points.
In less than a month's time, on November 11th, in an interview after the release of the unexpectedly low US CPI data, Wilson stated that once the S&P 500 breaks the 200-day ...
After the release of the CPI data in the United States on Thursday, 'the biggest bear on Wall Street' Michael J. Wilson continues to be bullish on US stocks, emphasizing that this rebound is not over yet, and over the past month, his title as 'the biggest bear on Wall Street' may have become a thing of the past.
Wilson is one of the most famous bears on Wall Street, accurately predicting the sharp drop in US stocks this year. However, starting on October 17th, Wilson began to support the 'technical' rebound in US stocks. In his report, he wrote that the S&P 500 index has fallen by 25% this year and is testing the 'important support bottom' of the 200-day moving average, which may trigger a technical rebound, speculating that the S&P 500 index may rise to 4150 points.
In less than a month's time, on November 11th, in an interview after the release of the unexpectedly low US CPI data, Wilson stated that once the S&P 500 breaks the 200-day ...
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