US EditionA Reliable Stock Market Indicator From Bank of America Just Triggered a Sell Signal
The indicator’s sell signal follows record inflows of $145 billion into equity ETFs last week, signaling heightened investor risk appetite and potential upcoming global equity declines.
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A sell signal has been triggered at Bank of America. Here’s what happens next.
A flow of money into stocks and more equities participating in the bull market have triggered a sell signal that historically has led to big pullbacks, according to a new Bank of America report. Article Attribution | Read More at Article Source The post A sell signal has been triggered at Bank of America. Here’s what happens next. appeared first on RocketNews.
The bulls are too bullish: Bank of America warns 200-plus fund managers just triggered a contrarian ‘sell’ signal
Bank of America’s “Bull & Bear Indicator” rose from 7.9 to 8.5 in the last few days, triggering its contrarian “sell” signal for risk assets, according to a note from analyst Michael Hartnett and his colleagues seen by Fortune this morning. The indicator is derived from BofA’s regular fund manager survey, which asks 200-plus investment managers about their appetite for risk. The logic of the Bull & Bear Indicator is that when everyone in the mar…
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