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Bank of America names new investment bank operating chief: memoMike Joo, Bank of America Corp's head of global rates and currencies origin... Co-heads seldom work so pick a leader of global investment banking. Jack MacDonald or Thomas Sheehan.
Source: Reuters - 🏆 2. / 97 Read more »
A reliable, little-talked about stock-market indicator is rolling over, and its a 'warning' sign for investorsBank of America just highlighted declining NYSE margin debt as a warning sign for US equities.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Deepening bear market could last 6 months, Bank of America chief saysBanking strategists said U.S. stocks were heading into deep bear market territory as the S&P 500 and Dow Jones both continued a more than 20 percent descent from recent record highs. as long as there is a liquid market, traders with a complete trading plan do not care what kind of market it is. up, down, or sideways. bring it on.
Source: Newsweek - 🏆 468. / 52 Read more »
Hedge fund managers are betting big against these 12 stocks, Bank of America saysAround 85% of short interest in stocks is from hedge funds, according to Bank of America Merrill Lynch.
Source: BusinessInsider - 🏆 729. / 51 Read more »