SA: JP Morgan AI model shows sentiment sour on Fed and taxes, fading on buybacks
SEEKING ALPHA reports: Corporate sentiment is weak overall given financial conditions, according to J.P. Morgan’s proprietary ...
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At around 12.00 EST, SEEKING ALPHA reports today:
– Stocks are rallying again, led by tech today, as money moves back into risk.
– The Nasdaq (COMP.IND) +2.8% leads the major averages.
– Intel is popping on its plan to publicly list Mobileye.
– Apple is gaining as it gets another $200 price target. It’s the megacap that has held up the best during the recent pullback, Bespoke Investment Group notes.
– The S&P (SP500) +2% and Dow (DJI) +1.5% are also gaining….
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