US Tech Rally Won’t Last, One Bank Suggests

US Tech Rally Won’t Last, One Bank Suggests

If you're searching for double-digit monthly rallies on benchmark equity indexes, a good place to start looking is bear markets. Rebounds from oversold conditions -- exacerbated by light positioning and, over the past decade, amplified by discouraging trends in market depth and liquidity -- can be especially pronounced. "There have been two primary catalysts behind this rally and the first is positioning," JonesTrading's Mike O'Rourke said. "The consensus outlook is negative and with good reas
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