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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 »
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 »
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 »