That’s Savita Subramanian, head of equity and quantitative strategy at Bank of America, in a Thursday interview with the Bloomberg podcast “What Goes Up.”
— Savita Subramanian, the head of equity and quantitative strategy at Bank of America That’s Savita Subramanian, head of equity and quantitative strategy at Bank of America, in a Thursday interview with the Bloomberg podcast “What Goes Up.” The 2023 earnings per share consensus for the S&P 500 is $231.05, remaining well above Bank of America’s forecast of $200, according to FactSet. EPS is net income divided by the number of shares outstanding, and could show how much money a company makes for each share of stock.
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Stock market outlook: Analyst says S&P 500 is facing resistance at 4000Hedge funds are finally starting to believe in the stock market's latest rally, but one analyst warns that any move higher will be fleeting Everything these people say practically is fleeting if not entirely inaccurate. So there's that. Even bearmarkets have nose bleeding rallies which sucker buyers in. Let's see where we are in June. Caveat Emptor. KEY: Fairlead’s Katie Stockton: S&P 500 is experiencing Short-Term Overbought conditions, which will make it 'more challenging for the rally to be sustained, as intermediate-term momentum has fallen off since early December.' stockmarkets stocks investing investment
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