Beware! S&P has Further Downside Risk to at Least SPX 3500 | Alpha Insights
- If inflation is peaking, then beware! If inflation is NOT peaking, then beware!! Recession or 10-yr treasury yields > 6%, pick your poison!
- Technicals point to SPX 3500, then a measured move lower to 2200.
- Maintain value vs growth as a pair trade to endure a rising rate environment.
- Top picks: Long MYE, Short NVDA
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Jeffery Huge, Founder, Alpha Insights
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Mehdi Sunderji, Director, OETV