Investors should sell stocks and raise cash as bearish indicators pile-up for the S&P 500, BofA says
Andrew Kelly/Reuters Investors should sell stocks and raise cash as the S&P 500 pushes up against the 4,400 level, Bank of America said in a note on Tuesday. The bank sees bearish technical indicators piling up for the index as negative divergences persist. “Sell strength into the 4,400s, especially with the arrival of bearish August-October … Read more