Here’s the $4.5 trillion ‘firepower’ that will drive stocks higher in April, says top strategist

MarketWatch2021-04-05

A new month is off to a bullish start, or so it seems, as stock futures climb following Friday’s better-than-expected,916,000 gain in March jobs, which underpins investor hopes for a strong post-COVID...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

KKSV
2021-04-05
KKSV
Didn’t expect the prices went up so fast
nlky
2021-04-05
nlky
Higher!
BoonSeng
2021-04-05
BoonSeng
Gogogo
- Ngansee:
  Good
Cerealslysj
2021-04-05
Cerealslysj
Good
Alfred1007
2021-04-05
Alfred1007
Be optimistic but careful at the same time.
darrenlsw
2021-04-05
darrenlsw
Hope April be a better month than March
- Silverlitz:
  So far its up a wee bit only

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1130993065?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-04-05 21:00","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1130993065","market":"us","top_or_hot":-1,"title":"Here’s the $4.5 trillion ‘firepower’ that will drive stocks higher in April, says top strategist","media":"MarketWatch","content":"<div>\n<p>A new month is off to a bullish start, or so it seems, as stock futures climb following Friday’s better-than-expected,916,000 gain in March jobs, which underpins investor hopes for a strong post-COVID...</p>\n\n<a href=\"https://www.marketwatch.com/story/heres-the-4-5-trillion-firepower-that-will-drive-stocks-higher-in-april-says-top-strategist-11617621774?mod=home-page\">Source Link</a>\n\n</div>\n","source":"lsy1603348471595","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here’s the $4.5 trillion ‘firepower’ that will drive stocks higher in April, says top strategist</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere’s the $4.5 trillion ‘firepower’ that will drive stocks higher in April, says top strategist\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-05 21:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/heres-the-4-5-trillion-firepower-that-will-drive-stocks-higher-in-april-says-top-strategist-11617621774?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A new month is off to a bullish start, or so it seems, as stock futures climb following Friday’s better-than-expected,916,000 gain in March jobs, which underpins investor hopes for a strong post-COVID...</p>\n\n<a href=\"https://www.marketwatch.com/story/heres-the-4-5-trillion-firepower-that-will-drive-stocks-higher-in-april-says-top-strategist-11617621774?mod=home-page\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":".DJI","symbol_name":"道琼斯","start_time":0,"source_url":"https://www.marketwatch.com/story/heres-the-4-5-trillion-firepower-that-will-drive-stocks-higher-in-april-says-top-strategist-11617621774?mod=home-page","article_id":"1130993065","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1130993065","pubTimestamp":1617627632,"sourceInfo":{"source_id":"lsy1603348471595","name":"MarketWatch"},"weMediaInfo":null,"summary":"A new month is off to a bullish start, or so it seems, as stock futures climb following Friday’s bet","collect":0,"end_time":0,"defaultTopTitle":"marketwatch.com","property":[],"viewcount":null,"language":"en","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"translate_title":"这是4.5万亿美元的“火力”，将在4月份推动股市走高，首席策略师说","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9},"content_text":"A new month is off to a bullish start, or so it seems, as stock futures climb following Friday’s better-than-expected,916,000 gain in March jobs, which underpins investor hopes for a strong post-COVID-19 rebound.As for the data, there’s a lot to like, according to Tim Duy, chief U.S. economist at SGH Macro Advisors.“Assuming the pandemic only comes under greater control this year, I suspect a substantial impediment limiting the pace of job growth this year will be the pace at which firms can hire employees. Firing is easier than hiring and employers are now scrambling to add workers,” Duy told clients in a note.Hence, watch for those “we can’t hire worker” stories, to come, he says.Onto our call of the day from Fundstrat Global Advisors’s founder Thomas Lee, who says the “face ripper” rally he recently predicted shows no signs of easing up. And there’s a $4.5 trillion reason to believe gains will carry into April, he told clients.Aside from the positives out there already for this market — a strong economy and vaccine rollout — Lee points to a pile of institutional money on the sidelines, with cash balances at $3 trillion, the highest since June 2020. That’s against $2.764 trillion at the start of 2021, a “dramatic” gain of 9% or $241 billion, said Lee.A cautious stance by institutions that went “parabolic” in the last half of March, adds to the $1.5 trillion in retail money market cash.“Total cash on the sidelines is $4.5 trillion = tons and tons of firepower on the sidelines. This bodes well for April equity gains,” said Lee.Lee expects small-caps, energy and cyclical stocks — geared toward an economic recovery — to continue leading into the second quarter.“Recall that cyclicals are only 33% of the S&P 500 overall weight and more than 60% of the Russell 2000 index.  So if Cyclicals, aka Epicenter, work, small-cap stocks will outperform,” he said.Watch this chartAdam Kobeissi, founder and editor in chief of The Kobeissi Letter, expects the bullish jobs report to send the S&P 500 to 4,035 to 4,050 in the near term, but from there he’d like to see it pull back to 3,950 to 4,000, to set up for another higher low before a move toward 4,100.THE KOBEISSI LETTER“Therefore, we are remaining on the sidelines to start this week, as stepping in front of a market this strong is not a stance we want to take, and will maintain a medium term bullish outlook with the intention of getting back into our bullish positions in the wake of a drop in the market,” Kobeissi told subscribers.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":349446271,"gmtCreate":1617634497093,"gmtModify":1704701205140,"author":{"id":"3577785816786397","authorId":"3577785816786397","authorIdStr":"3577785816786397","name":"KKSV","avatar":"https://static.tigerbbs.com/af79ae4e2c2eee7b0446d54673c5439e","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3577785816786397"},"htmlText":"Didn’t expect the prices went up so fast","listText":"Didn’t expect the prices went up so fast","text":"Didn’t expect the prices went up so fast","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/349446271","repostId":1130993065,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":349481791,"gmtCreate":1617632004813,"gmtModify":1704701142669,"author":{"id":"3576026238693864","authorId":"3576026238693864","authorIdStr":"3576026238693864","name":"nlky","avatar":"https://community-static.tradeup.com/news/7fbeeefd8715f5d2962a242553e8c7f2","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3576026238693864"},"htmlText":"Higher!","listText":"Higher!","text":"Higher!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/349481791","repostId":1130993065,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":349481058,"gmtCreate":1617631949374,"gmtModify":1704701141863,"author":{"id":"3561708649509429","authorId":"3561708649509429","authorIdStr":"3561708649509429","name":"BoonSeng","avatar":"https://static.tigerbbs.com/571cffe3611510e853395f6389650164","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3561708649509429"},"htmlText":"Gogogo","listText":"Gogogo","text":"Gogogo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/349481058","repostId":1130993065,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3964561,"gmtCreate":1617637712736,"gmtModify":1680782964016,"authorId":3574754394074573,"author":{"id":3574754394074573,"authorId":3574754394074573,"name":"Ngansee","avatar":"https://static.tigerbbs.com/5592622e25c1a3d93c1476af2d6f8035","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":349481058,"type":1,"supId":0,"prevId":0,"content":"Good","text":"Good","html":"Good"}],"langContent":"EN"},{"id":349402148,"gmtCreate":1617630259484,"gmtModify":1704701090530,"author":{"id":"3574310273786717","authorId":"3574310273786717","authorIdStr":"3574310273786717","name":"Cerealslysj","avatar":"https://static.tigerbbs.com/2384f1e4c512572d62d0dfaabf7881c6","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574310273786717"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/349402148","repostId":1130993065,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":349572445,"gmtCreate":1617629918287,"gmtModify":1704701077737,"author":{"id":"3570656625926041","authorId":"3570656625926041","authorIdStr":"3570656625926041","name":"Alfred1007","avatar":"https://static.tigerbbs.com/81d8406380cbc0525927f00a9510f2fa","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":2,"crmLevelSwitch":0,"idStr":"3570656625926041"},"htmlText":"Be optimistic but careful at the same time.","listText":"Be optimistic but careful at the same time.","text":"Be optimistic but careful at the same time.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/349572445","repostId":1130993065,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":349544731,"gmtCreate":1617629593623,"gmtModify":1704701066530,"author":{"id":"3574260792698407","authorId":"3574260792698407","authorIdStr":"3574260792698407","name":"darrenlsw","avatar":"https://community-static.tradeup.com/news/146979aca2cc98520f97f1472521789b","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":7,"crmLevelSwitch":1,"idStr":"3574260792698407"},"htmlText":"Hope April be a better month than March","listText":"Hope April be a better month than March","text":"Hope April be a better month than March","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/349544731","repostId":1130993065,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3968761,"gmtCreate":1617688817745,"gmtModify":1680783032105,"authorId":3570362135363824,"author":{"id":3570362135363824,"authorId":3570362135363824,"name":"Silverlitz","avatar":"https://static.tigerbbs.com/abc7af211be1f2d501fd1885af02f33e","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":349544731,"type":1,"supId":0,"prevId":0,"content":"So far its up a wee bit only","text":"So far its up a wee bit only","html":"So far its up a wee bit only"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":56,"commentSize":14,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.28.3","shortVersion":"4.28.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1130993065"}