Page 49 - Nalyst Note News Today

"[Apple is] benefiting from supply chains easing. If Apple is strong I don't think you can be bearish on the S&P 500," Fundstrat's Tom Lee said.

"At the recent peak in early January, the S&P 500 Index was up 114%, making it the seventh bull market to double," LPL's Ryan Detrick said.

A five-day decline in the VIX below 25 has led to strong two-week, one-month, and two-month average S&P 500 returns.

The biggest risk to markets is a hawkish Federal Reserve that just kicked off a new tightening cycle with an interest rate hike, JPMorgan said.

The difference between 10-year and 2-year Treasury yields is just 21 basis points, while 5- and 10-year rates are already slightly inverted.

"Though we are committed to the transition to green energy, this will not happen overnight," UBS said.

"Buy and hold is the ideal strategy in the bull phases, but in the down phases, being in the index is not going to generate a positive return."

"We would strongly be buying cloud, software, cybersecurity, chips, and stalwart tech names led by FAANG with Apple our clear favorite," Wedbush said.

"While the commodity supercycle will persist, in our view, the correction in bubble sectors is now likely finished," JPMorgan's Marko Kolanovic said.

"After 48 occurrences since 1929, the average return on a three-, six-, and 12-month timeframe were all positive for the S&P 500," Fundstrat said.