“.. Optimism over a resilient economy, improving earnings .. ebbing inflation and artificial-intelligence fervor ..” @business $SPX 🇺🇸 www.bloomberg.com/news/articles/2024-06-16/asian-stocks-set-to-fall-as-global-sentiment-sours-markets-wrap pic.twitter.com/uqEnGNGRvh

JPM DESK: “.. While we had thought the market was setting up for a pullback based upon the price action during earnings season, narrowing breadth, reduced HF positioning, and the potential for markets to take some profits given the almost 32% gain in the $SPX since this bull run… pic.twitter.com/NNa0WmzpgL

Per ⁦@GoldmanSachs⁩ data, basket of strong balance sheet stocks (blue) is outperforming basket of most shorted stocks (orange) handily this year … it’s been a much choppier ride for latter [Past performance is no guarantee of future results] pic.twitter.com/jRX6VntVyE

Data from ⁦@GoldmanSachs⁩ show hedge funds have decreased their long-short gross leverage by most since March 2022 ... funds were net sellers of U.S. equities last week, with selling largely in index funds and ETFs pic.twitter.com/W1ul8FmE1x