Bank of America’s flagship model is flashing a ‘buy’ signal for stocks for the first time since January

 

Bank of America’s flagship model is flashing a ‘buy’ signal for stocks for the first time since January

The last time Bank of America Merrill Lynch’s flagship “Bull & Bear” indicator was flashing “Buy” was back on January 3 when the S&P 500 (^GSPC) closed at roughly 2,447 — or 19.5% ago.

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