$S&P 500 Index(.SPX.US$$Nasdaq Composite Index(.IXIC.US$$Dow Jones Industrial Average(.DJI.US$ Michael J. Wilson, the “biggest short on Wall Street,” firmly supported the rebound in US stocks, saying that S&P may be pushed up to 4,300 points, but he still left a “retreat” for himself. He said that if it fails to maintain the 200-day moving average, the rebound will not be realized.
After the US CPI data was released on Thursday, Michael J. Wilson, the “biggest short on Wall Street”, continued to be bullish on US stocks, stressing that this wave of rebound is not over yet. Starting a month ago, his “biggest short on Wall Street” title may have become a thing of the past.
Wilson is one of the most famous bearish people on Wall Street. He accurately predicted the collapse of US stocks this year, but starting October 17, Wilson began to strongly support the “technical” rebound in US stocks. He wrote in his report that the S&P 500 index has fallen 25% this year and is testing the “important support bottom” of the 200-day moving average. This may trigger a technical rebound. It is speculated that the S&P 500 index may rise to 4150 points.
Less than a month later, on November 11, in a media interview after the release of CPI data that fell short of expectations in the US, Wilson said that once the S&P 500 exceeds 200 days...
After the US CPI data was released on Thursday, Michael J. Wilson, the “biggest short on Wall Street”, continued to be bullish on US stocks, stressing that this wave of rebound is not over yet. Starting a month ago, his “biggest short on Wall Street” title may have become a thing of the past.
Wilson is one of the most famous bearish people on Wall Street. He accurately predicted the collapse of US stocks this year, but starting October 17, Wilson began to strongly support the “technical” rebound in US stocks. He wrote in his report that the S&P 500 index has fallen 25% this year and is testing the “important support bottom” of the 200-day moving average. This may trigger a technical rebound. It is speculated that the S&P 500 index may rise to 4150 points.
Less than a month later, on November 11, in a media interview after the release of CPI data that fell short of expectations in the US, Wilson said that once the S&P 500 exceeds 200 days...
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