The current stock market sell-off is rotational rather than toppy, and a bullish backdrop supports a summer rally, according to Bank of America
alphanewsstream
2021-05-12 17:00
The current stock market sell-off is rotational rather than toppy, and a bullish backdrop supports a summer rally, according to Bank of America
A continued sell-off in the S&P 500 "could perhaps get US equities oversold enough to embark on a summer rally," BofA said.

Johannes Eisele/AFP via Getty Images

The current sell-off in the stock market is rotational rather than toppy, Bank of America said in a note on Wednesday.The sector rotation...

https://www.businessinsider.com/stock-market-outlook-bullish-backdrop-supports-summer-rally-bofa-says-2021-5

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