Along the way, the summer rally faltered even after the S&P 500 recouped half its bear-market decline incurred between January and June, defying a 50% indicator that’s touted as a tool with a perfect record of calling the start of a new bull. The June low gave way, as did a series of round numbers and key trendlines such as the 100-day average.
10 stks that got upgrades & downgrades from MOSL post Q4 results
As all major companies have already announced their Q4 results, brokerage firm Motilal Oswal has upgraded and downgraded the estimated FY24 earnings of several stocks.
June 3, 2023