Marko Kolanovic Cautions Against Buying Stock Dips

Marko Kolanovic's not buying it. Last week's rebound in equities following a three-week swoon, I mean. Or any forthcoming double-dip either, for that matter. A renewed rally in the mega-caps is "masking 'high for long' worries," Kolanovic wrote Monday, as Tesla surged 15%, helping Bloomberg's Magnificent 7 gauge extend gains. After careening nearly 10% lower over six trading days, the big guns found their footing ahead of critical results from Amazon and Apple. Last week, Kolanovic said eq