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The stock market's death cross is particularly bad news this time around, Bank of America saysA death cross forming in the S&P 500 is never a welcome development. But the current death cross is notably negative, the bank says. Helloooooo depreciation of the US dollar 🙃
Source: BusinessInsider - 🏆 729. / 51 Read more »
A Bank of America currency chart shows how the stock market rally still has legsBank of America-Merrill Lynch's Paul Ciana uses a currency chart to show the broad market's 'risk on' rally has legs.
Source: CNBC - 🏆 12. / 72 Read more »
'Just call it what it is': BofA's Stephen Suttmeier declares a bear marketBank of America-Merrill Lynch's Stephen Suttmeier doesn't see stock market relief until deep into 2019. I see sll of 2019 in a Bear market with no support until seeing SP passing thru 1970-2000 level. Cash is king. Long TVIX! I find it funny that the so called experts that couldn't predict what we have just gone through should be trusted to tell us what will happen. If these guys knew what the hell was going to happen they sure as hell wouldn't tell us. The bears know an Elephant Joke in the WH when they either hear or see it!
Source: CNBC - 🏆 12. / 72 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 »
'Time to buy': Bank of America contrarian indicator with strong track record signals rally aheadThe recent exit from risk assets including equity funds is sending a powerful 'buy' signal last seen during Brexit, according to a Bank of America Merrill Lynch market gauge with a strong track record. I wouldn't buy a dollar until I hear QE4. GlobalProTrader is way ahead of BoA
Source: CNBC - 🏆 12. / 72 Read more »
A former top Bank of America executive is reportedly in the running for UBS CEO roleEx-investment banking head at Bank of America, Christian Meissner, is reportedly in talks to become CEO at UBS, replacing Sergio Ermotti. you can support my idea
Source: BusinessInsider - 🏆 729. / 51 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 »
Macy's downgraded by Bank of America after holiday sales missBank of America downgraded Macy's after the department store reported disappointing holiday sales and cut its earnings outlook for 2018. One of the great pleasures of my life is to window shop with my wife, as we hold hands strolling down the avenue on a chilly day. I am afraid those pleasures will never be known by generations to come as stores begin to disappear. Only because they went public. It use to be about the expirience and it no longer looks that way. With share holders it's about numbers aggressive numbers. They are killing these companies they are greedy All these dam high end items priced don't make sense and rich people are being cheap. With more immigrants from outside the US they don't believe in high end break your pocket clothing.They need quality clothing with reasonable pricing and better quality diverse management styles
Source: CNBC - 🏆 12. / 72 Read more »
Bank of America is set to report fourth-quarter earnings — here's what Wall Street expectsBank of America is scheduled to report fourth-quarter earnings later on Wednesday. Here is what Wall Street analysts are expecting from the banking giant. Ok
Source: CNBC - 🏆 12. / 72 Read more »