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Cabrera Capital Daily Game Plan

Tuesday May 23, 2023 Trading Desk: (312) 236-8907 TODAY’S GAME PLAN: from the trading desk, this is not research DATA/HEADLINES 8:30ET Philly Fed; 9:45ET S&P Global US Manufacturing PMI, Services PMI; 10:00ET New Home Sales, Richmond Fed Manufacturing Index Fed Chair Powell will be attending the New Democrat Coalition today to discuss the debt ....

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The Great Stock Rally of 2021 Is Seen Powering Ahead in Europe


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(Bloomberg) A vaccine-fueled economic recovery and investors’ surging appetite for risk mean that the European equity rally can keep going in 2021, according to strategists.
After strong gains since the start of the year, the bull case for Europe has now partially played out. Still, on average, the 21 strategists surveyed by Bloomberg are positive on European equities, seeing about 2% upside for the Stoxx Europe 600 Index this year, and nearly 3% for the Euro Stoxx 50, compared with Tuesday’s close. The biggest bear in the poll sees the Stoxx 600 falling less than 5%.
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