David Sneddon and his team at Credit Suisse look at the Semiconductor Index (SOXX) – which has reached a long-term target of 905 – and ask what’s next for this index.
While there is more upside to equities in 2017, market risk will increase substantially because of a strong USD and higher rates, says Marko Kolanovic at J.P. Morgan Securities.
S&P weakness over the coming weeks should be used as an opportunity to add to positions, says Ari Wald, Technical Analyst at Oppenheimer.
A minor pullback is likely for US equities in the first half of December, says Ron Meisels at Phases & Cycles, but he says a year-end rally should take the major indices to new all-time highs thereafter.