US Equities May Extend 10% Rally as Citadel Sees Pain Trade Persisting
Updated
Updated · Bloomberg · May 28
US Equities May Extend 10% Rally as Citadel Sees Pain Trade Persisting
1 articles · Updated · Bloomberg · May 28
A double-digit US stock rebound over the past two months may still have room to run, with Citadel Securities' Scott Rubner saying the market's "pain trade" remains higher prices.
Improving geopolitical sentiment, subdued volatility and continued leadership from mega-cap technology shares are keeping the rally intact and squeezing investors who stayed defensive.
That setup is forcing cautious investors to reconsider positioning after missing much of the rebound, a dynamic that could add fuel if they chase the market higher.
The call points to a rally driven not just by fundamentals but by investor positioning, with upside pressure persisting even after a sharp advance.
With stocks soaring despite clear risks, what hidden catalyst could finally end the market's relentless climb?
With ten companies dominating the index, is the US stock market's foundation more fragile than it appears?
Micron's surge has dwarfed Nvidia's. Is a major power shift happening in the AI chip market?