Fundstrat: S&P 500 expected to perform well in August
2026-08-03 22:57:45
According to CoinMeta, Fundstrat indicates that since May, the S&P 500 index ($SPY) has been in a range-bound oscillation state. Earnings per share are expected to increase by $15 in 2027, with increased visibility in artificial intelligence capital expenditures. Technology stocks in South Korea and the United States ($EWY and $QQQ) are undergoing large-scale deleveraging. Additionally, with no Federal Reserve meetings until September and inflation cooling down faster than market consensus, stocks are expected to perform well in August.
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