BTIG joins Goldman Sachs and Castle Securities, signaling a bullish outlook for the stock market

NightAirdropper · 2026-03-05T03:56:46+00:00

BTIG analysts believe the U.S. stock market has bottomed out and recommend investors to shift to an offensive stance. The S&P 500 has rebounded to a key technical level, potentially triggering a rebound and creating a "bear trap," with multiple sectors showing signs of bottoming out.

NightAirdropper

2026-03-05 03:56:46

Abstract generation in progress

March 5, 2023 | BTIG becomes the latest institution to see “light at the end of the tunnel” for U.S. stock market investors, joining Goldman Sachs and Castle Securities in the bullish camp. “The bottom has already formed, and we should shift to an offensive stance rather than defensive,” said Jonathan Krinsky, BTIG’s chief market technician, as the S&P 500 rebounded from the previous trading day’s lows. In a report to clients, the analyst wrote that the S&P has regained above 6,800 points, placing the index above a technical level that suggests it could bounce from any new pullback, creating a “bear trap” for those betting on declines. As the S&P 500 reclaims key support levels, multiple sectors appear to have bottomed out.

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