Elena Nikulina

Steve Hou: Equities rally may pause as market breather appears overdue

Steve Hou: Equities rally may pause as market breather appears overdue
Equities rally may pause soon

Steve Hou expresses concerns about the ongoing rise in equities, suggesting that the market cannot continue to increase each day without a period of consolidation.

He indicates that a pause or breather in the markets is likely overdue.

Hou has previously highlighted the impact of GE's three-way breakup, citing strong returns for GE Aerospace and GE Vernova while GE HealthCare trailed behind in recent coverage. In a separate note, he observed technical patterns suggesting bullish momentum for U.S. homebuilders and mortgage firms, based on new family home sales data. These views reflect Hou's ongoing tracking of sector-specific shifts.

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