Reply To: Market Wrap – Markets Bounce Despite 10 Year Rates Surge May 3 2022

#36231
TradersCom
Keymaster

Morgan Stanley see “meaningful downside” for the S&P500

MS on the S&P500, analysts think the index has downside to at least 3800 in the ‘near term’ and possible to 3460

the 200 week moving average if forward 12 month EPS start to fall on margin and/or recession concerns
MS adds note the S&P 500 real earnings yield is the most negative since the 1950s and that to them this

  • This reply was modified 4 months, 3 weeks ago by TradersCom.