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Stocks Set Up for Year-End Gains After Midterm Vote, Citadel Securities Says

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Summary

US stocks are primed for a year-end rebound now that the midterm election has removed a source of uncertainty, according to Citadel Securities' Scott Rubner. He points to resilient corporate earnings and lackluster investor positioning, which leaves room for renewed buying.

This continues an earlier story: UBS sees potential S&P 500 rally after midterm elections

Timeline

  1. Bloomberg

    Source ↗

    Bloomberg reports that Citadel Securities' Scott Rubner says US stocks are set up for a year-end rebound as the midterm election removes a source of uncertainty, corporate earnings remain resilient, and lackluster investor positioning leaves room for renewed buying.

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