• S&P 500 Index set to return to its trading range of 3,500-4,200 – SocGen

Noticias del mercado

9 junio 2023

S&P 500 Index set to return to its trading range of 3,500-4,200 – SocGen

The S&P 500 has rallied 20% from its recent October 2022 low. Economists at Société Générale analyze S&P 500 Index outlook.

Avoiding Small Caps, Financials and Value stocks

We expect the S&P 500 to return to its trading range of 3,500-4,200 as 2H should see slowing profit margins, credit weakness and rising inflation uncertainty as the impact of easy base effects dissipates. 

Prefer Defensive Growth, Staples and Industrials while avoiding Small Caps, Financials and Value stocks.

See – S&P 500 Index: Key resistance at 4,312/4,325 to cap – Credit Suisse

 

Enfoque del mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Abrir cuenta demo y página personal
Entiendo y acepto la Política de Privacidad y estoy de acuerdo con que mi nombre y datos de contacto sean procesados por TeleTrade y utilizados para contactarme en lo referente a: