Earnings Beat, Record Buybacks, Retail Return—Citadel's 10 Reasons to Be Bullish on US Stocks in August

"August could be the month buyers return. September's question may be how much buying ammunition remains." Citadel's 10 reasons to be bullish on US stocks in August: Q2 earnings growth of about 33%, the strongest since the post-recession era; ETFs saw net inflows of $1.6 trillion year-to-date, with July setting a monthly record; over $1 trillion in buybacks reopening this week, among others. The firm believes deleveraging has matured, multiple buying forces are strengthening in tandem, and selling pressure is fading.