JP Morgan’s Marko Kolanovic predicts oil is surging higher – but so are stocks. Kolanovic, who serves as the firm’s chief global markets strategist and co-head of global research, believes the US economy is strong enough to handle oil prices as high as $ 150 a barrel. “There could be some potential further spikes in … Read more
Wall Street’s top strategist Marko Kolanovic is calling for a market rally in the short run after a seasonally weak period due to tax-related selling.
The S&P 500’s impressive two-week surge could gain further steam if small-cap stocks join the rally, a chart analyst at Janney said Friday.
Morgan Stanley’s Michael Wilson, one of Wall Street’s biggest bears, said the market’s technical picture still looks ominous.
Goldman said some small-cap names still have the potential to beat the market, and investors should look for companies with fast growth and high profit margins.