Citadel Securities: US stocks are in a "tense rally" and the market is expected to have further upside potential
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The head of equities and equity derivatives strategy at Citadel Securities stated that as geopolitical sentiment improves, market volatility remains low, and large technology stocks continue to lead gains, investors who have been cautious during most of the prior rebound are being forced to reconsider their positions. In a report to clients on Thursday, Rubner wrote: “The focus of market discussion is increasingly shifting from downside protection to how much cash is still on the sidelines, where the next batch of incremental buyers will come from, and whether systematic capital flows can continue to drive this rally.”
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