Bank of America identifies the next bubble and says investors should sell stocks rather than buy them after the last rate hike https://www.marketwatch.com/amp/story/bank-of-america-identifies-the-next-bubble-and-says-investors-should-sell-stocks-rather-than-buy-them-after-the-last-rate-hike-98b803ab
This might be the biggest indication recession isn’t coming and bull run is about to start — why else would BOA want bag holders to sell their stocks?
So they can put cash in the bank? :)
I mean BofA isn't same as Jim Cramer.
Good signal to buy stocks
reverse BofA deez nuts
I’m a dumb engineer who doesn’t understand finance, what kind of stocks should I sell and what should I do with the money?
Engineers are smarter than finance people. You’re just being lazy.
Teach me then. Everyone’s gotta start somewhere. UwU
BOfA deez nuts lmao
Then again you have Cramer saying buy stocks and we know how that goes
Never trust the big institutions... they publish one thing and do exactly opposite... they will load now and change tune in a month..
NVDA was 140 in Oct. META was 90. The upgrades from institutions came this week when META hit 200 and NVDA 250. I think they are about to sell after some pump.
Cramer is the Gold Standard here. Do exactly opposite of what he says. Don't care about BoA
Cramer from Seinfeld?
My friends over at Merrill Lynch have this old habit of creating panic. It might be because they want to buy stocks on the cheap but most likely because they correlated data from the past and saw a solid correlation. I do think they are mistaken, fed cuts along with expanding GDP is a recipe for SPY 500..
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No