Bank of America says broad market is ‘statistically expensive on almost every metric’ raises year-end price S&P 500 to 6,000 we see limited near-term upside to the cap-weighted S&P 500 and prefer the equal-weighted index, but our bear market signposts — the triggers that typically precede an S&P 500 peak — are not signaling elevated […]

In brief, the argument from the analysts at Bank of America is bullish seasonality: if S&P 500 is up YTD to end of October (not there yet, but looks likely!) the index is nearly 80% of the time for the November-December period median returns of 4% and 4.27% respectively pattern occurs even in election years […]

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not […]