Bank of America says sell stocks on the vaccine as overconfident investors dump cash for equities

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Cash balances fell to 4% of portfolios in the December Bank of America Fund Manager Survey, the firm reported Tuesday.

As a result, professional investors are underweight cash for the first time since May 2013. That has triggered a sell signal under the metrics Bank of America uses to measure sentiment among portfolio managers.

 

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i wouldn't expect anything but the same cyber criminals daytrading scam the markets higher regardless of what happens don't even pretend the us market is not a daily cyber crime

that would make a lot of sense but markets are just rigged by the same cyber criminals regulated by trump appointees

If data tech is so great why not use it to defeat the lottery every night and be done with it.? Maybe they don’t hit the jackpot but they should win way more than they lose. Right.? This industry is over-valued by 50%.

The Fed has the downside protected. Just go all in

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