The View from 5th Avenue

The View from 5th Avenue – 20 May 2024

Equities with a mixed start to the week, though major indices finished in the green, there seemed to be a little exhaustion into the close. Volumes are still deflated with the SPX +22% below its 20-day average as well as the lack of leadership we are seeking. For majority of today’s session breadth seemed rather decent, with Information Technology leading the way, showing glimpses of leadership (though only a 37% up day in the S&P). All eyes are on Nvidia for Wednesday’s earnings and rightfully…

The content on this site is available to all Redburn clients as part of Redburn Execution’s standard service. It is not considered substantive research and there are no commercial implications to viewing these pages.

Please enter your email address below to view this page. If you are still unable to access the page, please speak to your account manager.