Cantor Fitzgerald
Stock Market To Witness Rallies in Next One to Two Weeks, Predicts Wall Street’s Cantor Fitzgerald – Here’s Why
Published
11 hours agoon
By
admin
The financial services giant Cantor Fitzgerald is predicting the stock market will see rallies in the next one to two weeks.
In a new interview on CNBC Television, Eric Johnston, a macro strategist at Cantor Fitzgerald, says that he expects a short-term bounce in the stock market during the next couple of weeks even though he says the equity environment looks “fairly poor.”
“You have an economy that is clearly slowing. Uncertainty is quite high…
But within that view, we think we’re going to get a tactical rally here, probably somewhere in the range of 3% to 5% in the next couple of weeks. We think things line up very well from a technical perspective.”
Johnston uses many technical indicators, such as the Relative Strength Index (RSI) – a momentum indicator used to indicate overbought or oversold levels – to support his stance that a tactical rally is in sight.
“The RSI has gone below 32. We’ve backtested that [and it] backtests very consistent, very strong. The VIX curve (volatility index) has gone inverted. That is showing fear. That is also backtested very well. Seasonality is turning. Systematic funds have likely already sold what they needed to sell.
And hedge funds have also brought down their net exposure. So you add that to the Fed next week, which is where we think they’re going to be dovish. And we think this sets up for a nice rally over the course of the next one to two weeks into month-end.”
Recently, it was reported that the US stock market lost a staggering $5 trillion in value during the last three weeks.
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Bitcoin
Cantor Fitzgerald To Expand Bitcoin Financing Amid U.S. Policy Shift
Published
5 days agoon
March 11, 2025By
admin
Reflecting the United States’ growing embrace of Bitcoin, investment bank Cantor Fitzgerald has announced partnerships with Anchorage Digital and Copper.co to support its expanding global Bitcoin financing business.
Anchorage Digital and Copper.co will serve as collateral managers and custodians for Cantor Fitzgerald, providing leverage to institutional investors holding Bitcoin. Anchorage Digital and Copper will use their industry-leading security solutions to custody and safeguard client assets.
“We are thrilled to partner with Anchorage Digital and Copper, whose industry-leading security solutions will help us deliver best-in-class digital asset custody services to our clients,” said Michael Cunningham, Head of Bitcoin Financing at Cantor Fitzgerald. “We are launching with $2 billion in initial financing and expect to substantially grow the operation over time.”
With Cantor Fitzgerald’s $2 billion initial investment in Bitcoin financing, this partnership signals a major step in mainstream financial institutions embracing Bitcoin as a legitimate investment class.
Nathan McCauley, CEO and Co-Founder of Anchorage Digital, added: “Our partnership marks a major step forward for the Bitcoin financing ecosystem—built on the safety and security of federally regulated digital asset custody. By combining the best of traditional finance with the best of crypto, we are expanding the horizon of what is possible for institutions in Bitcoin.”
This partnership comes as President Donald Trump’s administration continues to advance pro-Bitcoin policies, including the creation of a strategic Bitcoin reserve and reversing previous regulatory hostility under Joe Biden’s administration.
The U.S. Securities and Exchange Commission (SEC) recently rescinded Staff Accounting Bulletin 121, which had previously blocked banks from offering Bitcoin custody services. Following this, the Office of the Comptroller of the Currency (OCC) clarified that banks are now permitted to engage in Bitcoin and crypto services, including asset custody. This shift helped paved the way for major financial institutions like Cantor Fitzgerald to expand into Bitcoin services.
Cantor Fitzgerald President Howard Lutnick, who now serves as the United States Secretary of Commerce, has been instrumental in this shift. Lutnick has been working closely with President Trump on initiatives such as the Strategic Bitcoin Reserve, a key component of the administration’s crypto strategy.
“Institutional investors are increasingly looking to diversify their portfolios and identify secure routes into the digital asset market,” said Amar Kuchinad, CEO of Copper. “This significant partnership with Cantor Fitzgerald will meet the growing demand for sophisticated financing solutions, with Copper.co’s lending and collateral management platform providing a complete toolkit for secure and strategic asset handling.”
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