The BofA team has long touted the SSI as “a reliable contrarian indicator” since an overly bullish sentiment may cause some ...
The stock market has been rising since July – the S&P 500 3.3% since July. On Election Day it closed up more than 427 points, ...
That’s why Trump, who closely follows the stock market and obsessed over it as president, should be nervous about the recent ...
While the stock market is not necessarily representative of the broader economy, the S&P 500’s performance in the run-up to ...
BofA’s Sell Side Indicator (SSI), which tracks Wall Street strategists’ average recommended equity allocations, in October climbed to its highest level in more than 2½ years (see chart below).
Vice President Kamala Harris and former President Donald Trump may be even in the polls, but one indicator points toward an election victory for Harris. The stock market has been rising since July ...
This indicator has accurately foreshadowed the winner 82% of the time. That’s why Trump, who closely follows the stock market and obsessed over it as president, should be nervous about the ...