Page 24 - Nalyst Note News Today

Wedbush analyst Dan Ives said in a note on Monday it's "a matter of when, not if TikTok gets banned in the US."

"If we fail to act, we risk a systemic crisis with our banking system & particularly the regional banks," Scott Rechler said.

"If ByteDance fights against this forced sale, TikTok will likely be banned in the US by late 2023," Wedbush analyst Dan Ives said.

There are a handful of signs to follow to know how the stock market is dealing with the bank crisis, Fundstrat says. In the meantime, buy tech stocks.

Goldman said slower economic growth could materialize in the aftermath of the Silicon Valley Bank collapse because of tighter lending standards.

"I think inflation is finally dead in a lot of ways, and that's constructive for what happens to [stock] multiples," Fundstrat's Tom Lee said.

"The SVB crisis has meant a significant tightening in financial conditions, which, in effect, is having a similar impact to that of another Fed hike."

"When others left the Valley in 2001/2002, SVB was the bedrock and played an instrumental role in thousands of successful tech startups," Ives said.

Morgan Stanley said the potential launch of a hardware subscription business could add $1 trillion to Apple's market valuation.

If the stock market seasonals play out like Lee expects, the S&P 500 could rally 7% to just below 4,300 by the end of April.