Page 38 - Nalyst Note News Today

"Inflation was the single biggest headwind for markets in 2022 and the inflection is the key to market recovery," Fundstrat's Tom Lee said.

If Apple can break above its December 2021 peak of around $183, Suttmeier expects a measured move price objective in the $230 range for the iPhone maker.

"We feel the uptick in risk appetite is justified on a more fundamental basis," JPMorgan's Marko Kolanovic said.

"We remain of the view that the 2020s will look nothing like the 2010s, and many of the investment trends will be turned upside down," JPMorgan said.

"We think that the tactical rebound in growth style has some more legs, as bond yields are likely to stay stuck," JPMorgan's Mislav Matejka said.

S&P 500 earnings growth has "ground to a halt" when you exclude energy and financial sectors, down from 4% annualized growth just last quarter.

"The bad news is that high inflation is broad-based, measures of the underlying trend are elevated, and business inflation expectations remain high."

"The technical conditions of this market appear ripe for the start of a new bull market rather than a retest," LPL's Jeffrey Buchbinder said.

"The sector model ... now favors growth sectors over value sectors for the first time this year," Ned Davis Research said.

The large buy side demand for ether call options that expire in September has led to a "state of extreme bullish bias," Glassnode said.