With Wall Street strategists struggling to figure out what the recent bank crisis will mean for US stocks, Goldman Sachs Group Inc.’s Scott Rubner says equities are headed for more gains, at least in April.
Bearish positioning at hedge funds and among retail investors delivers a technical setup that points to a continued advance in the S&P 500, according to Rubner. His analysis tracks fund flows, a research technique that’s gained traction lately as investors try to get a firm grip on the path of the economy and monetary policy.
