S&P Has Volatile Week Driven by Headlines, Bullish Thesis Remains as Intact as Ever

Summary

- S&P 500 closes at 4,166.45 down from 4,274.44. Losses concentrated in reflationary names.

- Quadruple witching expiration and FOMC meeting created volatility and uncertainty.

- We explain how we want you to use our research. Read the river like Mark Twain does.

- Despite the headwinds, hyperbole, and drama this week we remain FIRMLY bullish on stocks. Energy remains our favorite sector. We upgraded FAANG last week.

“The Sun means that we are going to have wind...

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