Nomura's McElligott Turns Bearish: With No More Buyers Left, Stocks To Slide Across The Summer
May 6th 2020 10:50am EDT
Nomura’s McElligott Turns Bearish: With No More Buyers Left, Stocks To Slide Across The Summer Failing to take advantage of positive dealer gamma, the S&P is now stuck in “no man’s land” and as Nomura’s Charlie McElligott writes in his latest note, the market is “essentially near the Dealer “Neutral Gamma” level (~2845) and between […]
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