Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Morgan Stanley’s Mike Wilson sees us a meaningful rotation to the shares and sees a beaten group like a winner.
“It started with a low quality rally, which is expected – means a short compression,” the company reported the head invested officer to CNBC “Fast money“Monday.” Then what we see, the correction factors in the seven seven are actually starting to stabilize. Thus, although the shares act better, the last days have increased, and this can get the index further. How high is it? 5.900. So we are almost there. “
The main indices were one Start noteworthy for the week. This S & P 500 Closed about 1.8% and 5,767.57 – about 6% of them are always high. Meanwhile, Dow He jumped almost 600 points while Nasdaq Composite Increased by more than 2%.
“Magnificent seven “ He had a great role in the rally on Monday. Members include Apple, Nvidia, Meta platforms, Amazon, The alphabet, Microsoft and Tesla. The electric vehicle manufacturer noted it The best daily performance since November.
However, Wilson, the leadership strategy of the company, offers a narrow window to save. Monday focused on the idea of the study.
“Severe seasonal, low proportions and extreme accelerations support our call for a rally supplied from ~ 5500,” he said. “It’s weak dollars And stabilizing mag 7 EPS (earnings per share) adjustments return to the United States. Outside the tactical rally, variability It will probably last this year. “
And he will not rule out new Lows for the year.
“Now, at any rally we have received, we probably think that it is likely to save from May and June.” “Then, we will probably be less durable at the end of the year.”
According to Wilson, the weakness of the market is mainly due to the basics and technology.
‘Has nothing to do with tariffs’
“In the course of the last three or four months, the reasons that the markets are lower, there is nothing to do with tariffs,” Wilson said. “This is due to the correction of profits. The Fed stopped cutting. You have a hard application on immigration (all things have growth.”
Wilson’s S & P 500 The end of the year is 6,500, which brings about 13% of the savings on Monday.
“Can we win a new high in the second half of the year because people expect 2026? Yes,” he said.
Join us Melissa Lee lived in Nasdaq Martetsi on Thursday, June 5 for traders for the interactive event and the interactive event and “fast money”th.
