BofA equity and quant strategist Savita Subramanian says the firm’s “Sell Side Indicator” is just one point shy of triggering a “sell” signal. The Indicator’s current level of 57.0% suggests that the ...

Equity sentiment remained flat at 55.5% recommended in stocks despite the S&P 500 (SP500) rising 4% in September, marking the index’s fifth consecutive month of gains, according to Bank of America’s ...

Investing.com -- Bank of America said in its latest Sell Side Indicator (SSI) note on Wednesday that equity sentiment remains “stubbornly ‘Neutral’” even as the S&P 500 notched a fifth consecutive ...

The indicator is BofA's contrarian sentiment barometer, tracking sell-side strategists' average recommended allocation to equities in a balanced fund. The bearish move in April, which saw a decline in ...

Investing.com -- Bank of America's Sell Side Indicator (SSI) held steady at 56.7% in November, its highest level since early 2022. Despite the S&P 500 closing at a fresh all-time high after gaining ...