Markets

Bank of America says says investor bullishness is rising, but is not yet euphoric. Here why that signals the S&P 500 could gain 10% over the next year.

A contrarian indicator from Bank of America that measures investor bullishness jumped in November as vaccine progress sparked optimism on Wall Street. BofA’s Sell Side Indicator rose to 57.8%, the highest level of bullishness in 18 months. Usually when Wall Street is bullish, that’s a bearish sign for stocks, according […]
Bank of America says says investor bullishness is rising, but is not yet euphoric. Here why that signals the S&P 500 could gain 10% over the next year.
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