Top picks from Javed Mirza, analyst, Canaccord Genuity.
Equity markets appear poised for retest of the August highs and a shift into the “boring middle.”
A close above the April highs would target important technical resistance near the August highs on the S&P 500 ~4,305, or another 4.1 per cent upside from current levels. We recently recommended that clients utilize near-term equity market weakness as an opportunity to add exposure for the next short-term rally phase, which we believe has upside, by time, into May.
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