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Retail investors are jumping into Mattel stock $MAT as the movie "Barbie" takes the world by storm
Source: Barchart, Vanda Research
Hong-Kong listed Chinese stocks are soaring this morning as China July politburo statement is more dovish than expected.
China wows to adjust and optimitize property policy and aims to support domestic economy. Source: CNBC
Nasdaq is still lagging the average bear market recovery performance, per Bloomberg.
Source: Cheddar Flow
Heat map of the NASDAQ 100's $QQQ performance so far in 2023
Source: Evan, Bloomberg
J.P. Morgan asked investors if they plan to increase or decrease exposure to stocks in the coming days/weeks
We’re down to only 17% of respondents who are looking to add to equity exposure. From a contrarian perspective, this is a positive. Source: J-C Parets
S&P 500 technical analysis -> The $SPX has finally and for the first time since the bear market began in 2022 and bull market began on Oct. 2023, executed a bullish Monthly MACD Crossover.
Source: Seth Golden
Credit Suisse raised its S&P 500 Year-End target to 4,700, becoming most Bullish Wall Street Bank
But as shown below, majority of Wall Street strategists have revised upwards their estimates for 2013. Source: TME, Bloomberg
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