Goldman’s Rubner sees stocks primed for further gains in April

Top formula: Dubner attends a leading global merger and acquisitions forum in New Orleans. His analysis tracks fund flows, a research technique that’s gaining traction as investors try to get a grip on the path of the economy and monetary policy. — Reuters

NEW YORK: 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.

According to Rubner, bearish positioning at hedge funds and among retail investors delivers a technical setup that points to a continued advance in the S&P 500.