Page 23 - Nalyst Note News Today

"The 1994 to 1995 tightening cycle is the gold standard, with the Fed cooling inflation but stopping before it broke the economy," NDR said.

Wedbush analyst Dan Ives boosted his Microsoft price target to $315 from $290, representing potential upside of 12% from current levels.

"This is what you tend to see at the beginning of new bullish phases," Carson Group chief market strategist Ryan Detrick told Insider on Monday.

"Investors too optimistic on rate cuts and not pessimistic enough on recession," Bank of America's Michael Hartnett said.

"Tesla is the first of the megacaps to challenge support, with a pending breakdown below its 50-day moving average," Katie Stockton said.

"There is a major market low once a decade, on average, and investors should be proactive in identifying buy signals," Bank of America said.

"The stock market is ignoring the risk," Bank of America said, adding that risk-on consumer cyclical stocks have been outperforming defensive stocks.

Bank of America's sell side indicator suggests the S&P 500 will surge 16% over the next 12 months to its prior record high around 4,800.

Apple and Disney both have rabid super-fans, premium pricing power, global scale, and a user base of wealthy consumers, Needham said.

"The probability of losing money in the S&P 500 drops from a coin flip (46%) to a 2-sigma event (6%)" when holding periods go from a day to a decade.