BofA’s Stock Indicator Is the Closest It’s Been to "Buy" Since 2017

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BofA’s Stock Indicator Is the Closest It’s Been to "Buy" Since 2017

Bloomberg2023-01-04

The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P 500 reach 4,000As the stock-market rout shows no end in sight, an equity indicator constructed by ...

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MIe
·2023-01-04
BoFA upside 2023
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LimBT
·2023-01-04
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Richard0208
·2023-01-04
Good sharing
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hellodarz888
·2023-01-04
Lets see
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WayneLee
·2023-01-04
$VOO(VOO)$
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V K
·2023-01-04
Pls like tyvm [Happy]
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MLFL
·2023-01-04
Good morning
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YLim
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Like and comment please. Thanks
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·2023-01-04
🤔
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·2023-01-04
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At the current level, the indicator is closest its been to signaling a ‘buy’ since 2017.“One reason we are more constructive on equities in 2023 is the big drop in sentiment during 2022,” Bank of America’s strategists including Savita Subramanian wrote in note to clients. “It has been a bullish signal when Wall Street strategists were extremely bearish, and vice versa.”If sentiment is prone for an eventual turnaround, it didn’t show on Tuesday. After declining 19% in 2022, the S&P 500 Index fell 0.4% on the first trading day of 2023 as investors continued to assess the outlook on growth stocks. Tesla Inc. dropped the most since 2020 after fourth-quarter deliveries missed estimates, despite the electric-carmaker offering incentives in important markets. And Apple Inc. shares also slipped pushing the iPhone maker’s market value below $2 trillion.Whether the rebound will happen this time is anyone’s guess, with a lot likely contingent on the Federal Reserve’s path of interest-rate hikes. To Bank of America’s strategists, negative sentiment should help the S&P 500 reach 4,000 by the end of the year, a level that implies a 4.6% jump from its close on Tuesday.Sentiment indicators have been questionable investment tools in 2022, with readings historically associated with rebounds preceding even bigger declines. But as the rout keeps progressing, valuations on the S&P 500 are becoming more reasonable, strengthening the case for investors with cash to jump in. 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At the current level, the indicator is closest its been to signaling a ‘buy’ since 2017.</p><p>“One reason we are more constructive on equities in 2023 is the big drop in sentiment during 2022,” Bank of America’s strategists including Savita Subramanian wrote in note to clients. “It has been a bullish signal when Wall Street strategists were extremely bearish, and vice versa.”</p><p><img src=\"https://static.tigerbbs.com/4a9af4202897d9e7f8761f82b7a774dc\" tg-width=\"800\" tg-height=\"483\" width=\"100%\" height=\"auto\"/>If sentiment is prone for an eventual turnaround, it didn’t show on Tuesday. After declining 19% in 2022, the S&amp;P 500 Index fell 0.4% on the first trading day of 2023 as investors continued to assess the outlook on growth stocks. Tesla Inc. dropped the most since 2020 after fourth-quarter deliveries missed estimates, despite the electric-carmaker offering incentives in important markets. And Apple Inc. shares also slipped pushing the iPhone maker’s market value below $2 trillion.</p><p>Whether the rebound will happen this time is anyone’s guess, with a lot likely contingent on the Federal Reserve’s path of interest-rate hikes. To Bank of America’s strategists, negative sentiment should help the S&amp;P 500 reach 4,000 by the end of the year, a level that implies a 4.6% jump from its close on Tuesday.</p><p>Sentiment indicators have been questionable investment tools in 2022, with readings historically associated with rebounds preceding even bigger declines. But as the rout keeps progressing, valuations on the S&amp;P 500 are becoming more reasonable, strengthening the case for investors with cash to jump in. The 500-member index is trading at 16.6 times its projected 12-month profits, in line with its average reading this century.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-04 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P 500 reach 4,000As the stock-market rout shows no end in sight, an equity indicator constructed by ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137243379","content_text":"The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P 500 reach 4,000As the stock-market rout shows no end in sight, an equity indicator constructed by Bank of America Corp. offers a glimmer of hope.The bank’s so-called sell-side indicator, which aggregates Wall Street strategists’ asset allocation views, fell 33 basis points in December and is now 1.5 percentage points away from the level that’s historically tied to a good buying opportunity. At the current level, the indicator is closest its been to signaling a ‘buy’ since 2017.“One reason we are more constructive on equities in 2023 is the big drop in sentiment during 2022,” Bank of America’s strategists including Savita Subramanian wrote in note to clients. “It has been a bullish signal when Wall Street strategists were extremely bearish, and vice versa.”If sentiment is prone for an eventual turnaround, it didn’t show on Tuesday. After declining 19% in 2022, the S&P 500 Index fell 0.4% on the first trading day of 2023 as investors continued to assess the outlook on growth stocks. Tesla Inc. dropped the most since 2020 after fourth-quarter deliveries missed estimates, despite the electric-carmaker offering incentives in important markets. And Apple Inc. shares also slipped pushing the iPhone maker’s market value below $2 trillion.Whether the rebound will happen this time is anyone’s guess, with a lot likely contingent on the Federal Reserve’s path of interest-rate hikes. To Bank of America’s strategists, negative sentiment should help the S&P 500 reach 4,000 by the end of the year, a level that implies a 4.6% jump from its close on Tuesday.Sentiment indicators have been questionable investment tools in 2022, with readings historically associated with rebounds preceding even bigger declines. But as the rout keeps progressing, valuations on the S&P 500 are becoming more reasonable, strengthening the case for investors with cash to jump in. The 500-member index is trading at 16.6 times its projected 12-month profits, in line with its average reading this century.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9950577042,"gmtCreate":1672797295287,"gmtModify":1676538738569,"author":{"id":"4134278158747952","authorId":"4134278158747952","name":"LimBT","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"4134278158747952","authorIdStr":"4134278158747952"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9950577042","repostId":1137243379,"repostType":4,"repost":{"id":"1137243379","pubTimestamp":1672787284,"share":"https://ttm.financial/m/news/1137243379?lang=&edition=fundamental","pubTime":"2023-01-04 07:08","market":"us","language":"en","title":"BofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017","url":"https://stock-news.laohu8.com/highlight/detail?id=1137243379","media":"Bloomberg","summary":"The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P ","content":"<html><head></head><body><ul><li>The bank’s contrarian stock gauge fell 33 bps in December</li><li>BofA says negative sentiment will help S&amp;P 500 reach 4,000</li></ul><p>As the stock-market rout shows no end in sight, an equity indicator constructed by Bank of America Corp. offers a glimmer of hope.</p><p>The bank’s so-called sell-side indicator, which aggregates Wall Street strategists’ asset allocation views, fell 33 basis points in December and is now 1.5 percentage points away from the level that’s historically tied to a good buying opportunity. At the current level, the indicator is closest its been to signaling a ‘buy’ since 2017.</p><p>“One reason we are more constructive on equities in 2023 is the big drop in sentiment during 2022,” Bank of America’s strategists including Savita Subramanian wrote in note to clients. “It has been a bullish signal when Wall Street strategists were extremely bearish, and vice versa.”</p><p><img src=\"https://static.tigerbbs.com/4a9af4202897d9e7f8761f82b7a774dc\" tg-width=\"800\" tg-height=\"483\" width=\"100%\" height=\"auto\"/>If sentiment is prone for an eventual turnaround, it didn’t show on Tuesday. After declining 19% in 2022, the S&amp;P 500 Index fell 0.4% on the first trading day of 2023 as investors continued to assess the outlook on growth stocks. Tesla Inc. dropped the most since 2020 after fourth-quarter deliveries missed estimates, despite the electric-carmaker offering incentives in important markets. And Apple Inc. shares also slipped pushing the iPhone maker’s market value below $2 trillion.</p><p>Whether the rebound will happen this time is anyone’s guess, with a lot likely contingent on the Federal Reserve’s path of interest-rate hikes. To Bank of America’s strategists, negative sentiment should help the S&amp;P 500 reach 4,000 by the end of the year, a level that implies a 4.6% jump from its close on Tuesday.</p><p>Sentiment indicators have been questionable investment tools in 2022, with readings historically associated with rebounds preceding even bigger declines. But as the rout keeps progressing, valuations on the S&amp;P 500 are becoming more reasonable, strengthening the case for investors with cash to jump in. The 500-member index is trading at 16.6 times its projected 12-month profits, in line with its average reading this century.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-04 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P 500 reach 4,000As the stock-market rout shows no end in sight, an equity indicator constructed by ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137243379","content_text":"The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P 500 reach 4,000As the stock-market rout shows no end in sight, an equity indicator constructed by Bank of America Corp. offers a glimmer of hope.The bank’s so-called sell-side indicator, which aggregates Wall Street strategists’ asset allocation views, fell 33 basis points in December and is now 1.5 percentage points away from the level that’s historically tied to a good buying opportunity. At the current level, the indicator is closest its been to signaling a ‘buy’ since 2017.“One reason we are more constructive on equities in 2023 is the big drop in sentiment during 2022,” Bank of America’s strategists including Savita Subramanian wrote in note to clients. “It has been a bullish signal when Wall Street strategists were extremely bearish, and vice versa.”If sentiment is prone for an eventual turnaround, it didn’t show on Tuesday. After declining 19% in 2022, the S&P 500 Index fell 0.4% on the first trading day of 2023 as investors continued to assess the outlook on growth stocks. Tesla Inc. dropped the most since 2020 after fourth-quarter deliveries missed estimates, despite the electric-carmaker offering incentives in important markets. And Apple Inc. shares also slipped pushing the iPhone maker’s market value below $2 trillion.Whether the rebound will happen this time is anyone’s guess, with a lot likely contingent on the Federal Reserve’s path of interest-rate hikes. To Bank of America’s strategists, negative sentiment should help the S&P 500 reach 4,000 by the end of the year, a level that implies a 4.6% jump from its close on Tuesday.Sentiment indicators have been questionable investment tools in 2022, with readings historically associated with rebounds preceding even bigger declines. But as the rout keeps progressing, valuations on the S&P 500 are becoming more reasonable, strengthening the case for investors with cash to jump in. The 500-member index is trading at 16.6 times its projected 12-month profits, in line with its average reading this century.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9950579107,"gmtCreate":1672796016110,"gmtModify":1676538738298,"author":{"id":"4088902048392220","authorId":"4088902048392220","name":"V.lye","avatar":"https://static.tigerbbs.com/7233306780623a2802ebfc0893c0cc52","vip":1,"crmLevel":6,"crmLevelSwitch":1,"idStr":"4088902048392220","authorIdStr":"4088902048392220"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9950579107","repostId":1137243379,"repostType":4,"repost":{"id":"1137243379","pubTimestamp":1672787284,"share":"https://ttm.financial/m/news/1137243379?lang=&edition=fundamental","pubTime":"2023-01-04 07:08","market":"us","language":"en","title":"BofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017","url":"https://stock-news.laohu8.com/highlight/detail?id=1137243379","media":"Bloomberg","summary":"The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P ","content":"<html><head></head><body><ul><li>The bank’s contrarian stock gauge fell 33 bps in December</li><li>BofA says negative sentiment will help S&amp;P 500 reach 4,000</li></ul><p>As the stock-market rout shows no end in sight, an equity indicator constructed by Bank of America Corp. offers a glimmer of hope.</p><p>The bank’s so-called sell-side indicator, which aggregates Wall Street strategists’ asset allocation views, fell 33 basis points in December and is now 1.5 percentage points away from the level that’s historically tied to a good buying opportunity. At the current level, the indicator is closest its been to signaling a ‘buy’ since 2017.</p><p>“One reason we are more constructive on equities in 2023 is the big drop in sentiment during 2022,” Bank of America’s strategists including Savita Subramanian wrote in note to clients. “It has been a bullish signal when Wall Street strategists were extremely bearish, and vice versa.”</p><p><img src=\"https://static.tigerbbs.com/4a9af4202897d9e7f8761f82b7a774dc\" tg-width=\"800\" tg-height=\"483\" width=\"100%\" height=\"auto\"/>If sentiment is prone for an eventual turnaround, it didn’t show on Tuesday. After declining 19% in 2022, the S&amp;P 500 Index fell 0.4% on the first trading day of 2023 as investors continued to assess the outlook on growth stocks. Tesla Inc. dropped the most since 2020 after fourth-quarter deliveries missed estimates, despite the electric-carmaker offering incentives in important markets. And Apple Inc. shares also slipped pushing the iPhone maker’s market value below $2 trillion.</p><p>Whether the rebound will happen this time is anyone’s guess, with a lot likely contingent on the Federal Reserve’s path of interest-rate hikes. To Bank of America’s strategists, negative sentiment should help the S&amp;P 500 reach 4,000 by the end of the year, a level that implies a 4.6% jump from its close on Tuesday.</p><p>Sentiment indicators have been questionable investment tools in 2022, with readings historically associated with rebounds preceding even bigger declines. But as the rout keeps progressing, valuations on the S&amp;P 500 are becoming more reasonable, strengthening the case for investors with cash to jump in. The 500-member index is trading at 16.6 times its projected 12-month profits, in line with its average reading this century.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-04 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P 500 reach 4,000As the stock-market rout shows no end in sight, an equity indicator constructed by ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137243379","content_text":"The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P 500 reach 4,000As the stock-market rout shows no end in sight, an equity indicator constructed by Bank of America Corp. offers a glimmer of hope.The bank’s so-called sell-side indicator, which aggregates Wall Street strategists’ asset allocation views, fell 33 basis points in December and is now 1.5 percentage points away from the level that’s historically tied to a good buying opportunity. At the current level, the indicator is closest its been to signaling a ‘buy’ since 2017.“One reason we are more constructive on equities in 2023 is the big drop in sentiment during 2022,” Bank of America’s strategists including Savita Subramanian wrote in note to clients. “It has been a bullish signal when Wall Street strategists were extremely bearish, and vice versa.”If sentiment is prone for an eventual turnaround, it didn’t show on Tuesday. After declining 19% in 2022, the S&P 500 Index fell 0.4% on the first trading day of 2023 as investors continued to assess the outlook on growth stocks. Tesla Inc. dropped the most since 2020 after fourth-quarter deliveries missed estimates, despite the electric-carmaker offering incentives in important markets. And Apple Inc. shares also slipped pushing the iPhone maker’s market value below $2 trillion.Whether the rebound will happen this time is anyone’s guess, with a lot likely contingent on the Federal Reserve’s path of interest-rate hikes. To Bank of America’s strategists, negative sentiment should help the S&P 500 reach 4,000 by the end of the year, a level that implies a 4.6% jump from its close on Tuesday.Sentiment indicators have been questionable investment tools in 2022, with readings historically associated with rebounds preceding even bigger declines. But as the rout keeps progressing, valuations on the S&P 500 are becoming more reasonable, strengthening the case for investors with cash to jump in. The 500-member index is trading at 16.6 times its projected 12-month profits, in line with its average reading this century.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9950570477,"gmtCreate":1672795918899,"gmtModify":1676538738283,"author":{"id":"4087716708608470","authorId":"4087716708608470","name":"Richard0208","avatar":"https://static.tigerbbs.com/480220c46834a37392a97ee3b9004ea1","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4087716708608470","authorIdStr":"4087716708608470"},"htmlText":"Good sharing&nbsp;","listText":"Good sharing&nbsp;","text":"Good sharing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9950570477","repostId":1137243379,"repostType":2,"repost":{"id":"1137243379","pubTimestamp":1672787284,"share":"https://ttm.financial/m/news/1137243379?lang=&edition=fundamental","pubTime":"2023-01-04 07:08","market":"us","language":"en","title":"BofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017","url":"https://stock-news.laohu8.com/highlight/detail?id=1137243379","media":"Bloomberg","summary":"The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P ","content":"<html><head></head><body><ul><li>The bank’s contrarian stock gauge fell 33 bps in December</li><li>BofA says negative sentiment will help S&amp;P 500 reach 4,000</li></ul><p>As the stock-market rout shows no end in sight, an equity indicator constructed by Bank of America Corp. offers a glimmer of hope.</p><p>The bank’s so-called sell-side indicator, which aggregates Wall Street strategists’ asset allocation views, fell 33 basis points in December and is now 1.5 percentage points away from the level that’s historically tied to a good buying opportunity. At the current level, the indicator is closest its been to signaling a ‘buy’ since 2017.</p><p>“One reason we are more constructive on equities in 2023 is the big drop in sentiment during 2022,” Bank of America’s strategists including Savita Subramanian wrote in note to clients. “It has been a bullish signal when Wall Street strategists were extremely bearish, and vice versa.”</p><p><img src=\"https://static.tigerbbs.com/4a9af4202897d9e7f8761f82b7a774dc\" tg-width=\"800\" tg-height=\"483\" width=\"100%\" height=\"auto\"/>If sentiment is prone for an eventual turnaround, it didn’t show on Tuesday. After declining 19% in 2022, the S&amp;P 500 Index fell 0.4% on the first trading day of 2023 as investors continued to assess the outlook on growth stocks. Tesla Inc. dropped the most since 2020 after fourth-quarter deliveries missed estimates, despite the electric-carmaker offering incentives in important markets. And Apple Inc. shares also slipped pushing the iPhone maker’s market value below $2 trillion.</p><p>Whether the rebound will happen this time is anyone’s guess, with a lot likely contingent on the Federal Reserve’s path of interest-rate hikes. To Bank of America’s strategists, negative sentiment should help the S&amp;P 500 reach 4,000 by the end of the year, a level that implies a 4.6% jump from its close on Tuesday.</p><p>Sentiment indicators have been questionable investment tools in 2022, with readings historically associated with rebounds preceding even bigger declines. But as the rout keeps progressing, valuations on the S&amp;P 500 are becoming more reasonable, strengthening the case for investors with cash to jump in. The 500-member index is trading at 16.6 times its projected 12-month profits, in line with its average reading this century.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-04 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P 500 reach 4,000As the stock-market rout shows no end in sight, an equity indicator constructed by ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137243379","content_text":"The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P 500 reach 4,000As the stock-market rout shows no end in sight, an equity indicator constructed by Bank of America Corp. offers a glimmer of hope.The bank’s so-called sell-side indicator, which aggregates Wall Street strategists’ asset allocation views, fell 33 basis points in December and is now 1.5 percentage points away from the level that’s historically tied to a good buying opportunity. At the current level, the indicator is closest its been to signaling a ‘buy’ since 2017.“One reason we are more constructive on equities in 2023 is the big drop in sentiment during 2022,” Bank of America’s strategists including Savita Subramanian wrote in note to clients. “It has been a bullish signal when Wall Street strategists were extremely bearish, and vice versa.”If sentiment is prone for an eventual turnaround, it didn’t show on Tuesday. After declining 19% in 2022, the S&P 500 Index fell 0.4% on the first trading day of 2023 as investors continued to assess the outlook on growth stocks. Tesla Inc. dropped the most since 2020 after fourth-quarter deliveries missed estimates, despite the electric-carmaker offering incentives in important markets. And Apple Inc. shares also slipped pushing the iPhone maker’s market value below $2 trillion.Whether the rebound will happen this time is anyone’s guess, with a lot likely contingent on the Federal Reserve’s path of interest-rate hikes. To Bank of America’s strategists, negative sentiment should help the S&P 500 reach 4,000 by the end of the year, a level that implies a 4.6% jump from its close on Tuesday.Sentiment indicators have been questionable investment tools in 2022, with readings historically associated with rebounds preceding even bigger declines. But as the rout keeps progressing, valuations on the S&P 500 are becoming more reasonable, strengthening the case for investors with cash to jump in. The 500-member index is trading at 16.6 times its projected 12-month profits, in line with its average reading this century.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":105443812,"gmtCreate":1672795926227,"gmtModify":1672795940027,"authorId":4087716708608470,"author":{"id":4087716708608470,"idStr":"4087716708608470","authorId":4087716708608470,"name":"Richard0208","avatar":"https://static.tigerbbs.com/480220c46834a37392a97ee3b9004ea1","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.03.22","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9950570477,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">Wow</span>","text":"<span class=\"s1\">Wow</span>","html":"<span class=\"s1\">Wow</span>"}],"langContent":"EN"},{"id":9950553229,"gmtCreate":1672793061761,"gmtModify":1676538737738,"author":{"id":"3583033675115574","authorId":"3583033675115574","name":"hellodarz888","avatar":"https://static.tigerbbs.com/4e5f7fa39ea3c821aa8099f517287dcb","vip":1,"crmLevel":7,"crmLevelSwitch":1,"idStr":"3583033675115574","authorIdStr":"3583033675115574"},"htmlText":"Lets see&nbsp;","listText":"Lets see&nbsp;","text":"Lets see","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9950553229","repostId":1137243379,"repostType":4,"repost":{"id":"1137243379","pubTimestamp":1672787284,"share":"https://ttm.financial/m/news/1137243379?lang=&edition=fundamental","pubTime":"2023-01-04 07:08","market":"us","language":"en","title":"BofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017","url":"https://stock-news.laohu8.com/highlight/detail?id=1137243379","media":"Bloomberg","summary":"The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P ","content":"<html><head></head><body><ul><li>The bank’s contrarian stock gauge fell 33 bps in December</li><li>BofA says negative sentiment will help S&amp;P 500 reach 4,000</li></ul><p>As the stock-market rout shows no end in sight, an equity indicator constructed by Bank of America Corp. offers a glimmer of hope.</p><p>The bank’s so-called sell-side indicator, which aggregates Wall Street strategists’ asset allocation views, fell 33 basis points in December and is now 1.5 percentage points away from the level that’s historically tied to a good buying opportunity. At the current level, the indicator is closest its been to signaling a ‘buy’ since 2017.</p><p>“One reason we are more constructive on equities in 2023 is the big drop in sentiment during 2022,” Bank of America’s strategists including Savita Subramanian wrote in note to clients. “It has been a bullish signal when Wall Street strategists were extremely bearish, and vice versa.”</p><p><img src=\"https://static.tigerbbs.com/4a9af4202897d9e7f8761f82b7a774dc\" tg-width=\"800\" tg-height=\"483\" width=\"100%\" height=\"auto\"/>If sentiment is prone for an eventual turnaround, it didn’t show on Tuesday. After declining 19% in 2022, the S&amp;P 500 Index fell 0.4% on the first trading day of 2023 as investors continued to assess the outlook on growth stocks. Tesla Inc. dropped the most since 2020 after fourth-quarter deliveries missed estimates, despite the electric-carmaker offering incentives in important markets. And Apple Inc. shares also slipped pushing the iPhone maker’s market value below $2 trillion.</p><p>Whether the rebound will happen this time is anyone’s guess, with a lot likely contingent on the Federal Reserve’s path of interest-rate hikes. To Bank of America’s strategists, negative sentiment should help the S&amp;P 500 reach 4,000 by the end of the year, a level that implies a 4.6% jump from its close on Tuesday.</p><p>Sentiment indicators have been questionable investment tools in 2022, with readings historically associated with rebounds preceding even bigger declines. But as the rout keeps progressing, valuations on the S&amp;P 500 are becoming more reasonable, strengthening the case for investors with cash to jump in. The 500-member index is trading at 16.6 times its projected 12-month profits, in line with its average reading this century.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-04 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P 500 reach 4,000As the stock-market rout shows no end in sight, an equity indicator constructed by ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137243379","content_text":"The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P 500 reach 4,000As the stock-market rout shows no end in sight, an equity indicator constructed by Bank of America Corp. offers a glimmer of hope.The bank’s so-called sell-side indicator, which aggregates Wall Street strategists’ asset allocation views, fell 33 basis points in December and is now 1.5 percentage points away from the level that’s historically tied to a good buying opportunity. At the current level, the indicator is closest its been to signaling a ‘buy’ since 2017.“One reason we are more constructive on equities in 2023 is the big drop in sentiment during 2022,” Bank of America’s strategists including Savita Subramanian wrote in note to clients. “It has been a bullish signal when Wall Street strategists were extremely bearish, and vice versa.”If sentiment is prone for an eventual turnaround, it didn’t show on Tuesday. After declining 19% in 2022, the S&P 500 Index fell 0.4% on the first trading day of 2023 as investors continued to assess the outlook on growth stocks. Tesla Inc. dropped the most since 2020 after fourth-quarter deliveries missed estimates, despite the electric-carmaker offering incentives in important markets. And Apple Inc. shares also slipped pushing the iPhone maker’s market value below $2 trillion.Whether the rebound will happen this time is anyone’s guess, with a lot likely contingent on the Federal Reserve’s path of interest-rate hikes. To Bank of America’s strategists, negative sentiment should help the S&P 500 reach 4,000 by the end of the year, a level that implies a 4.6% jump from its close on Tuesday.Sentiment indicators have been questionable investment tools in 2022, with readings historically associated with rebounds preceding even bigger declines. But as the rout keeps progressing, valuations on the S&P 500 are becoming more reasonable, strengthening the case for investors with cash to jump in. The 500-member index is trading at 16.6 times its projected 12-month profits, in line with its average reading this century.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9950559947,"gmtCreate":1672792845289,"gmtModify":1676538737692,"author":{"id":"3582756157113197","authorId":"3582756157113197","name":"Jeffso","avatar":"https://static.tigerbbs.com/45c271a09ee55b5060316ef385a6b9d7","vip":1,"crmLevel":4,"crmLevelSwitch":1,"idStr":"3582756157113197","authorIdStr":"3582756157113197"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9950559947","repostId":1137243379,"repostType":4,"repost":{"id":"1137243379","pubTimestamp":1672787284,"share":"https://ttm.financial/m/news/1137243379?lang=&edition=fundamental","pubTime":"2023-01-04 07:08","market":"us","language":"en","title":"BofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017","url":"https://stock-news.laohu8.com/highlight/detail?id=1137243379","media":"Bloomberg","summary":"The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P ","content":"<html><head></head><body><ul><li>The bank’s contrarian stock gauge fell 33 bps in December</li><li>BofA says negative sentiment will help S&amp;P 500 reach 4,000</li></ul><p>As the stock-market rout shows no end in sight, an equity indicator constructed by Bank of America Corp. offers a glimmer of hope.</p><p>The bank’s so-called sell-side indicator, which aggregates Wall Street strategists’ asset allocation views, fell 33 basis points in December and is now 1.5 percentage points away from the level that’s historically tied to a good buying opportunity. At the current level, the indicator is closest its been to signaling a ‘buy’ since 2017.</p><p>“One reason we are more constructive on equities in 2023 is the big drop in sentiment during 2022,” Bank of America’s strategists including Savita Subramanian wrote in note to clients. “It has been a bullish signal when Wall Street strategists were extremely bearish, and vice versa.”</p><p><img src=\"https://static.tigerbbs.com/4a9af4202897d9e7f8761f82b7a774dc\" tg-width=\"800\" tg-height=\"483\" width=\"100%\" height=\"auto\"/>If sentiment is prone for an eventual turnaround, it didn’t show on Tuesday. After declining 19% in 2022, the S&amp;P 500 Index fell 0.4% on the first trading day of 2023 as investors continued to assess the outlook on growth stocks. Tesla Inc. dropped the most since 2020 after fourth-quarter deliveries missed estimates, despite the electric-carmaker offering incentives in important markets. And Apple Inc. shares also slipped pushing the iPhone maker’s market value below $2 trillion.</p><p>Whether the rebound will happen this time is anyone’s guess, with a lot likely contingent on the Federal Reserve’s path of interest-rate hikes. To Bank of America’s strategists, negative sentiment should help the S&amp;P 500 reach 4,000 by the end of the year, a level that implies a 4.6% jump from its close on Tuesday.</p><p>Sentiment indicators have been questionable investment tools in 2022, with readings historically associated with rebounds preceding even bigger declines. But as the rout keeps progressing, valuations on the S&amp;P 500 are becoming more reasonable, strengthening the case for investors with cash to jump in. The 500-member index is trading at 16.6 times its projected 12-month profits, in line with its average reading this century.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-04 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P 500 reach 4,000As the stock-market rout shows no end in sight, an equity indicator constructed by ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137243379","content_text":"The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P 500 reach 4,000As the stock-market rout shows no end in sight, an equity indicator constructed by Bank of America Corp. offers a glimmer of hope.The bank’s so-called sell-side indicator, which aggregates Wall Street strategists’ asset allocation views, fell 33 basis points in December and is now 1.5 percentage points away from the level that’s historically tied to a good buying opportunity. At the current level, the indicator is closest its been to signaling a ‘buy’ since 2017.“One reason we are more constructive on equities in 2023 is the big drop in sentiment during 2022,” Bank of America’s strategists including Savita Subramanian wrote in note to clients. “It has been a bullish signal when Wall Street strategists were extremely bearish, and vice versa.”If sentiment is prone for an eventual turnaround, it didn’t show on Tuesday. After declining 19% in 2022, the S&P 500 Index fell 0.4% on the first trading day of 2023 as investors continued to assess the outlook on growth stocks. Tesla Inc. dropped the most since 2020 after fourth-quarter deliveries missed estimates, despite the electric-carmaker offering incentives in important markets. And Apple Inc. shares also slipped pushing the iPhone maker’s market value below $2 trillion.Whether the rebound will happen this time is anyone’s guess, with a lot likely contingent on the Federal Reserve’s path of interest-rate hikes. To Bank of America’s strategists, negative sentiment should help the S&P 500 reach 4,000 by the end of the year, a level that implies a 4.6% jump from its close on Tuesday.Sentiment indicators have been questionable investment tools in 2022, with readings historically associated with rebounds preceding even bigger declines. But as the rout keeps progressing, valuations on the S&P 500 are becoming more reasonable, strengthening the case for investors with cash to jump in. The 500-member index is trading at 16.6 times its projected 12-month profits, in line with its average reading this century.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":105443239,"gmtCreate":1672792856884,"gmtModify":1672792869692,"authorId":3582756157113197,"author":{"id":3582756157113197,"idStr":"3582756157113197","authorId":3582756157113197,"name":"Jeffso","avatar":"https://static.tigerbbs.com/45c271a09ee55b5060316ef385a6b9d7","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.01.25","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9950559947,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">Ok</span>","text":"<span class=\"s1\">Ok</span>","html":"<span class=\"s1\">Ok</span>"}],"langContent":"EN"},{"id":9950550612,"gmtCreate":1672792748637,"gmtModify":1676538737676,"author":{"id":"3576105353976896","authorId":"3576105353976896","name":"WayneLee","avatar":"https://community-static.tradeup.com/news/785daacee256a2b4978a5d50fbe3727b","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3576105353976896","authorIdStr":"3576105353976896"},"htmlText":"<a href=\"https://ttm.financial/S/VOO\">$VOO(VOO)$&nbsp;</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/VOO\">$VOO(VOO)$&nbsp;</a><v-v data-views=\"1\"></v-v>","text":"$VOO(VOO)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9950550612","repostId":1137243379,"repostType":4,"repost":{"id":"1137243379","pubTimestamp":1672787284,"share":"https://ttm.financial/m/news/1137243379?lang=&edition=fundamental","pubTime":"2023-01-04 07:08","market":"us","language":"en","title":"BofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017","url":"https://stock-news.laohu8.com/highlight/detail?id=1137243379","media":"Bloomberg","summary":"The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P ","content":"<html><head></head><body><ul><li>The bank’s contrarian stock gauge fell 33 bps in December</li><li>BofA says negative sentiment will help S&amp;P 500 reach 4,000</li></ul><p>As the stock-market rout shows no end in sight, an equity indicator constructed by Bank of America Corp. offers a glimmer of hope.</p><p>The bank’s so-called sell-side indicator, which aggregates Wall Street strategists’ asset allocation views, fell 33 basis points in December and is now 1.5 percentage points away from the level that’s historically tied to a good buying opportunity. At the current level, the indicator is closest its been to signaling a ‘buy’ since 2017.</p><p>“One reason we are more constructive on equities in 2023 is the big drop in sentiment during 2022,” Bank of America’s strategists including Savita Subramanian wrote in note to clients. “It has been a bullish signal when Wall Street strategists were extremely bearish, and vice versa.”</p><p><img src=\"https://static.tigerbbs.com/4a9af4202897d9e7f8761f82b7a774dc\" tg-width=\"800\" tg-height=\"483\" width=\"100%\" height=\"auto\"/>If sentiment is prone for an eventual turnaround, it didn’t show on Tuesday. After declining 19% in 2022, the S&amp;P 500 Index fell 0.4% on the first trading day of 2023 as investors continued to assess the outlook on growth stocks. Tesla Inc. dropped the most since 2020 after fourth-quarter deliveries missed estimates, despite the electric-carmaker offering incentives in important markets. And Apple Inc. shares also slipped pushing the iPhone maker’s market value below $2 trillion.</p><p>Whether the rebound will happen this time is anyone’s guess, with a lot likely contingent on the Federal Reserve’s path of interest-rate hikes. To Bank of America’s strategists, negative sentiment should help the S&amp;P 500 reach 4,000 by the end of the year, a level that implies a 4.6% jump from its close on Tuesday.</p><p>Sentiment indicators have been questionable investment tools in 2022, with readings historically associated with rebounds preceding even bigger declines. But as the rout keeps progressing, valuations on the S&amp;P 500 are becoming more reasonable, strengthening the case for investors with cash to jump in. The 500-member index is trading at 16.6 times its projected 12-month profits, in line with its average reading this century.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-04 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P 500 reach 4,000As the stock-market rout shows no end in sight, an equity indicator constructed by ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137243379","content_text":"The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P 500 reach 4,000As the stock-market rout shows no end in sight, an equity indicator constructed by Bank of America Corp. offers a glimmer of hope.The bank’s so-called sell-side indicator, which aggregates Wall Street strategists’ asset allocation views, fell 33 basis points in December and is now 1.5 percentage points away from the level that’s historically tied to a good buying opportunity. At the current level, the indicator is closest its been to signaling a ‘buy’ since 2017.“One reason we are more constructive on equities in 2023 is the big drop in sentiment during 2022,” Bank of America’s strategists including Savita Subramanian wrote in note to clients. “It has been a bullish signal when Wall Street strategists were extremely bearish, and vice versa.”If sentiment is prone for an eventual turnaround, it didn’t show on Tuesday. After declining 19% in 2022, the S&P 500 Index fell 0.4% on the first trading day of 2023 as investors continued to assess the outlook on growth stocks. Tesla Inc. dropped the most since 2020 after fourth-quarter deliveries missed estimates, despite the electric-carmaker offering incentives in important markets. And Apple Inc. shares also slipped pushing the iPhone maker’s market value below $2 trillion.Whether the rebound will happen this time is anyone’s guess, with a lot likely contingent on the Federal Reserve’s path of interest-rate hikes. To Bank of America’s strategists, negative sentiment should help the S&P 500 reach 4,000 by the end of the year, a level that implies a 4.6% jump from its close on Tuesday.Sentiment indicators have been questionable investment tools in 2022, with readings historically associated with rebounds preceding even bigger declines. But as the rout keeps progressing, valuations on the S&P 500 are becoming more reasonable, strengthening the case for investors with cash to jump in. The 500-member index is trading at 16.6 times its projected 12-month profits, in line with its average reading this century.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9950523665,"gmtCreate":1672791872157,"gmtModify":1676538737455,"author":{"id":"3577323914202336","authorId":"3577323914202336","name":"V K","avatar":"https://static.tigerbbs.com/536d624e5750dcffec704eeed9bc003b","vip":1,"hat":"https://static.tigerbbs.com/ae1f49570794979e009a5efdeb6f4789","crmLevel":8,"crmLevelSwitch":1,"idStr":"3577323914202336","authorIdStr":"3577323914202336"},"htmlText":"Pls like tyvm [Happy]&nbsp;","listText":"Pls like tyvm [Happy]&nbsp;","text":"Pls like tyvm [Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9950523665","repostId":1137243379,"repostType":4,"repost":{"id":"1137243379","pubTimestamp":1672787284,"share":"https://ttm.financial/m/news/1137243379?lang=&edition=fundamental","pubTime":"2023-01-04 07:08","market":"us","language":"en","title":"BofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017","url":"https://stock-news.laohu8.com/highlight/detail?id=1137243379","media":"Bloomberg","summary":"The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P ","content":"<html><head></head><body><ul><li>The bank’s contrarian stock gauge fell 33 bps in December</li><li>BofA says negative sentiment will help S&amp;P 500 reach 4,000</li></ul><p>As the stock-market rout shows no end in sight, an equity indicator constructed by Bank of America Corp. offers a glimmer of hope.</p><p>The bank’s so-called sell-side indicator, which aggregates Wall Street strategists’ asset allocation views, fell 33 basis points in December and is now 1.5 percentage points away from the level that’s historically tied to a good buying opportunity. At the current level, the indicator is closest its been to signaling a ‘buy’ since 2017.</p><p>“One reason we are more constructive on equities in 2023 is the big drop in sentiment during 2022,” Bank of America’s strategists including Savita Subramanian wrote in note to clients. “It has been a bullish signal when Wall Street strategists were extremely bearish, and vice versa.”</p><p><img src=\"https://static.tigerbbs.com/4a9af4202897d9e7f8761f82b7a774dc\" tg-width=\"800\" tg-height=\"483\" width=\"100%\" height=\"auto\"/>If sentiment is prone for an eventual turnaround, it didn’t show on Tuesday. After declining 19% in 2022, the S&amp;P 500 Index fell 0.4% on the first trading day of 2023 as investors continued to assess the outlook on growth stocks. Tesla Inc. dropped the most since 2020 after fourth-quarter deliveries missed estimates, despite the electric-carmaker offering incentives in important markets. And Apple Inc. shares also slipped pushing the iPhone maker’s market value below $2 trillion.</p><p>Whether the rebound will happen this time is anyone’s guess, with a lot likely contingent on the Federal Reserve’s path of interest-rate hikes. To Bank of America’s strategists, negative sentiment should help the S&amp;P 500 reach 4,000 by the end of the year, a level that implies a 4.6% jump from its close on Tuesday.</p><p>Sentiment indicators have been questionable investment tools in 2022, with readings historically associated with rebounds preceding even bigger declines. But as the rout keeps progressing, valuations on the S&amp;P 500 are becoming more reasonable, strengthening the case for investors with cash to jump in. The 500-member index is trading at 16.6 times its projected 12-month profits, in line with its average reading this century.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-04 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P 500 reach 4,000As the stock-market rout shows no end in sight, an equity indicator constructed by ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137243379","content_text":"The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P 500 reach 4,000As the stock-market rout shows no end in sight, an equity indicator constructed by Bank of America Corp. offers a glimmer of hope.The bank’s so-called sell-side indicator, which aggregates Wall Street strategists’ asset allocation views, fell 33 basis points in December and is now 1.5 percentage points away from the level that’s historically tied to a good buying opportunity. At the current level, the indicator is closest its been to signaling a ‘buy’ since 2017.“One reason we are more constructive on equities in 2023 is the big drop in sentiment during 2022,” Bank of America’s strategists including Savita Subramanian wrote in note to clients. “It has been a bullish signal when Wall Street strategists were extremely bearish, and vice versa.”If sentiment is prone for an eventual turnaround, it didn’t show on Tuesday. After declining 19% in 2022, the S&P 500 Index fell 0.4% on the first trading day of 2023 as investors continued to assess the outlook on growth stocks. Tesla Inc. dropped the most since 2020 after fourth-quarter deliveries missed estimates, despite the electric-carmaker offering incentives in important markets. And Apple Inc. shares also slipped pushing the iPhone maker’s market value below $2 trillion.Whether the rebound will happen this time is anyone’s guess, with a lot likely contingent on the Federal Reserve’s path of interest-rate hikes. To Bank of America’s strategists, negative sentiment should help the S&P 500 reach 4,000 by the end of the year, a level that implies a 4.6% jump from its close on Tuesday.Sentiment indicators have been questionable investment tools in 2022, with readings historically associated with rebounds preceding even bigger declines. But as the rout keeps progressing, valuations on the S&P 500 are becoming more reasonable, strengthening the case for investors with cash to jump in. The 500-member index is trading at 16.6 times its projected 12-month profits, in line with its average reading this century.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9950565999,"gmtCreate":1672791415612,"gmtModify":1676538737227,"author":{"id":"4115684828159522","authorId":"4115684828159522","name":"MLFL","avatar":"https://community-static.tradeup.com/news/1d7ab965a9728265436a2d2a8db471ce","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4115684828159522","authorIdStr":"4115684828159522"},"htmlText":"Good morning&nbsp;","listText":"Good morning&nbsp;","text":"Good morning","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9950565999","repostId":1137243379,"repostType":4,"repost":{"id":"1137243379","pubTimestamp":1672787284,"share":"https://ttm.financial/m/news/1137243379?lang=&edition=fundamental","pubTime":"2023-01-04 07:08","market":"us","language":"en","title":"BofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017","url":"https://stock-news.laohu8.com/highlight/detail?id=1137243379","media":"Bloomberg","summary":"The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P ","content":"<html><head></head><body><ul><li>The bank’s contrarian stock gauge fell 33 bps in December</li><li>BofA says negative sentiment will help S&amp;P 500 reach 4,000</li></ul><p>As the stock-market rout shows no end in sight, an equity indicator constructed by Bank of America Corp. offers a glimmer of hope.</p><p>The bank’s so-called sell-side indicator, which aggregates Wall Street strategists’ asset allocation views, fell 33 basis points in December and is now 1.5 percentage points away from the level that’s historically tied to a good buying opportunity. At the current level, the indicator is closest its been to signaling a ‘buy’ since 2017.</p><p>“One reason we are more constructive on equities in 2023 is the big drop in sentiment during 2022,” Bank of America’s strategists including Savita Subramanian wrote in note to clients. “It has been a bullish signal when Wall Street strategists were extremely bearish, and vice versa.”</p><p><img src=\"https://static.tigerbbs.com/4a9af4202897d9e7f8761f82b7a774dc\" tg-width=\"800\" tg-height=\"483\" width=\"100%\" height=\"auto\"/>If sentiment is prone for an eventual turnaround, it didn’t show on Tuesday. After declining 19% in 2022, the S&amp;P 500 Index fell 0.4% on the first trading day of 2023 as investors continued to assess the outlook on growth stocks. Tesla Inc. dropped the most since 2020 after fourth-quarter deliveries missed estimates, despite the electric-carmaker offering incentives in important markets. And Apple Inc. shares also slipped pushing the iPhone maker’s market value below $2 trillion.</p><p>Whether the rebound will happen this time is anyone’s guess, with a lot likely contingent on the Federal Reserve’s path of interest-rate hikes. To Bank of America’s strategists, negative sentiment should help the S&amp;P 500 reach 4,000 by the end of the year, a level that implies a 4.6% jump from its close on Tuesday.</p><p>Sentiment indicators have been questionable investment tools in 2022, with readings historically associated with rebounds preceding even bigger declines. But as the rout keeps progressing, valuations on the S&amp;P 500 are becoming more reasonable, strengthening the case for investors with cash to jump in. The 500-member index is trading at 16.6 times its projected 12-month profits, in line with its average reading this century.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-04 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P 500 reach 4,000As the stock-market rout shows no end in sight, an equity indicator constructed by ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137243379","content_text":"The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P 500 reach 4,000As the stock-market rout shows no end in sight, an equity indicator constructed by Bank of America Corp. offers a glimmer of hope.The bank’s so-called sell-side indicator, which aggregates Wall Street strategists’ asset allocation views, fell 33 basis points in December and is now 1.5 percentage points away from the level that’s historically tied to a good buying opportunity. At the current level, the indicator is closest its been to signaling a ‘buy’ since 2017.“One reason we are more constructive on equities in 2023 is the big drop in sentiment during 2022,” Bank of America’s strategists including Savita Subramanian wrote in note to clients. “It has been a bullish signal when Wall Street strategists were extremely bearish, and vice versa.”If sentiment is prone for an eventual turnaround, it didn’t show on Tuesday. After declining 19% in 2022, the S&P 500 Index fell 0.4% on the first trading day of 2023 as investors continued to assess the outlook on growth stocks. Tesla Inc. dropped the most since 2020 after fourth-quarter deliveries missed estimates, despite the electric-carmaker offering incentives in important markets. And Apple Inc. shares also slipped pushing the iPhone maker’s market value below $2 trillion.Whether the rebound will happen this time is anyone’s guess, with a lot likely contingent on the Federal Reserve’s path of interest-rate hikes. To Bank of America’s strategists, negative sentiment should help the S&P 500 reach 4,000 by the end of the year, a level that implies a 4.6% jump from its close on Tuesday.Sentiment indicators have been questionable investment tools in 2022, with readings historically associated with rebounds preceding even bigger declines. But as the rout keeps progressing, valuations on the S&P 500 are becoming more reasonable, strengthening the case for investors with cash to jump in. The 500-member index is trading at 16.6 times its projected 12-month profits, in line with its average reading this century.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9950582466,"gmtCreate":1672790385356,"gmtModify":1676538736957,"author":{"id":"3576017864370659","authorId":"3576017864370659","name":"YLim","avatar":"https://static.tigerbbs.com/e6b6104d6aeb4bffcce051d8b3b7fbdd","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3576017864370659","authorIdStr":"3576017864370659"},"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9950582466","repostId":1137243379,"repostType":4,"repost":{"id":"1137243379","pubTimestamp":1672787284,"share":"https://ttm.financial/m/news/1137243379?lang=&edition=fundamental","pubTime":"2023-01-04 07:08","market":"us","language":"en","title":"BofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017","url":"https://stock-news.laohu8.com/highlight/detail?id=1137243379","media":"Bloomberg","summary":"The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P ","content":"<html><head></head><body><ul><li>The bank’s contrarian stock gauge fell 33 bps in December</li><li>BofA says negative sentiment will help S&amp;P 500 reach 4,000</li></ul><p>As the stock-market rout shows no end in sight, an equity indicator constructed by Bank of America Corp. offers a glimmer of hope.</p><p>The bank’s so-called sell-side indicator, which aggregates Wall Street strategists’ asset allocation views, fell 33 basis points in December and is now 1.5 percentage points away from the level that’s historically tied to a good buying opportunity. At the current level, the indicator is closest its been to signaling a ‘buy’ since 2017.</p><p>“One reason we are more constructive on equities in 2023 is the big drop in sentiment during 2022,” Bank of America’s strategists including Savita Subramanian wrote in note to clients. “It has been a bullish signal when Wall Street strategists were extremely bearish, and vice versa.”</p><p><img src=\"https://static.tigerbbs.com/4a9af4202897d9e7f8761f82b7a774dc\" tg-width=\"800\" tg-height=\"483\" width=\"100%\" height=\"auto\"/>If sentiment is prone for an eventual turnaround, it didn’t show on Tuesday. After declining 19% in 2022, the S&amp;P 500 Index fell 0.4% on the first trading day of 2023 as investors continued to assess the outlook on growth stocks. Tesla Inc. dropped the most since 2020 after fourth-quarter deliveries missed estimates, despite the electric-carmaker offering incentives in important markets. And Apple Inc. shares also slipped pushing the iPhone maker’s market value below $2 trillion.</p><p>Whether the rebound will happen this time is anyone’s guess, with a lot likely contingent on the Federal Reserve’s path of interest-rate hikes. To Bank of America’s strategists, negative sentiment should help the S&amp;P 500 reach 4,000 by the end of the year, a level that implies a 4.6% jump from its close on Tuesday.</p><p>Sentiment indicators have been questionable investment tools in 2022, with readings historically associated with rebounds preceding even bigger declines. But as the rout keeps progressing, valuations on the S&amp;P 500 are becoming more reasonable, strengthening the case for investors with cash to jump in. The 500-member index is trading at 16.6 times its projected 12-month profits, in line with its average reading this century.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-04 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P 500 reach 4,000As the stock-market rout shows no end in sight, an equity indicator constructed by ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137243379","content_text":"The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P 500 reach 4,000As the stock-market rout shows no end in sight, an equity indicator constructed by Bank of America Corp. offers a glimmer of hope.The bank’s so-called sell-side indicator, which aggregates Wall Street strategists’ asset allocation views, fell 33 basis points in December and is now 1.5 percentage points away from the level that’s historically tied to a good buying opportunity. At the current level, the indicator is closest its been to signaling a ‘buy’ since 2017.“One reason we are more constructive on equities in 2023 is the big drop in sentiment during 2022,” Bank of America’s strategists including Savita Subramanian wrote in note to clients. “It has been a bullish signal when Wall Street strategists were extremely bearish, and vice versa.”If sentiment is prone for an eventual turnaround, it didn’t show on Tuesday. After declining 19% in 2022, the S&P 500 Index fell 0.4% on the first trading day of 2023 as investors continued to assess the outlook on growth stocks. Tesla Inc. dropped the most since 2020 after fourth-quarter deliveries missed estimates, despite the electric-carmaker offering incentives in important markets. And Apple Inc. shares also slipped pushing the iPhone maker’s market value below $2 trillion.Whether the rebound will happen this time is anyone’s guess, with a lot likely contingent on the Federal Reserve’s path of interest-rate hikes. To Bank of America’s strategists, negative sentiment should help the S&P 500 reach 4,000 by the end of the year, a level that implies a 4.6% jump from its close on Tuesday.Sentiment indicators have been questionable investment tools in 2022, with readings historically associated with rebounds preceding even bigger declines. But as the rout keeps progressing, valuations on the S&P 500 are becoming more reasonable, strengthening the case for investors with cash to jump in. The 500-member index is trading at 16.6 times its projected 12-month profits, in line with its average reading this century.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":105442821,"gmtCreate":1672790393143,"gmtModify":1672790403134,"authorId":3576017864370659,"author":{"id":3576017864370659,"idStr":"3576017864370659","authorId":3576017864370659,"name":"YLim","avatar":"https://static.tigerbbs.com/e6b6104d6aeb4bffcce051d8b3b7fbdd","vip":1,"currentWearingBadge":{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.06.07","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1102},"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9950582466,"type":1,"supId":0,"prevId":0,"content":"<u>k</u>","text":"<u>k</u>","html":"<u>k</u>"}],"langContent":"EN"},{"id":9950586191,"gmtCreate":1672790112313,"gmtModify":1676538736914,"author":{"id":"3574048205972490","authorId":"3574048205972490","name":"vincentlaubc","avatar":"https://static.tigerbbs.com/527738d1afb729d071d6d5a4b247954f","vip":1,"crmLevel":6,"crmLevelSwitch":1,"idStr":"3574048205972490","authorIdStr":"3574048205972490"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":18,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9950586191","repostId":1137243379,"repostType":4,"repost":{"id":"1137243379","pubTimestamp":1672787284,"share":"https://ttm.financial/m/news/1137243379?lang=&edition=fundamental","pubTime":"2023-01-04 07:08","market":"us","language":"en","title":"BofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017","url":"https://stock-news.laohu8.com/highlight/detail?id=1137243379","media":"Bloomberg","summary":"The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P ","content":"<html><head></head><body><ul><li>The bank’s contrarian stock gauge fell 33 bps in December</li><li>BofA says negative sentiment will help S&amp;P 500 reach 4,000</li></ul><p>As the stock-market rout shows no end in sight, an equity indicator constructed by Bank of America Corp. offers a glimmer of hope.</p><p>The bank’s so-called sell-side indicator, which aggregates Wall Street strategists’ asset allocation views, fell 33 basis points in December and is now 1.5 percentage points away from the level that’s historically tied to a good buying opportunity. At the current level, the indicator is closest its been to signaling a ‘buy’ since 2017.</p><p>“One reason we are more constructive on equities in 2023 is the big drop in sentiment during 2022,” Bank of America’s strategists including Savita Subramanian wrote in note to clients. “It has been a bullish signal when Wall Street strategists were extremely bearish, and vice versa.”</p><p><img src=\"https://static.tigerbbs.com/4a9af4202897d9e7f8761f82b7a774dc\" tg-width=\"800\" tg-height=\"483\" width=\"100%\" height=\"auto\"/>If sentiment is prone for an eventual turnaround, it didn’t show on Tuesday. After declining 19% in 2022, the S&amp;P 500 Index fell 0.4% on the first trading day of 2023 as investors continued to assess the outlook on growth stocks. Tesla Inc. dropped the most since 2020 after fourth-quarter deliveries missed estimates, despite the electric-carmaker offering incentives in important markets. And Apple Inc. shares also slipped pushing the iPhone maker’s market value below $2 trillion.</p><p>Whether the rebound will happen this time is anyone’s guess, with a lot likely contingent on the Federal Reserve’s path of interest-rate hikes. To Bank of America’s strategists, negative sentiment should help the S&amp;P 500 reach 4,000 by the end of the year, a level that implies a 4.6% jump from its close on Tuesday.</p><p>Sentiment indicators have been questionable investment tools in 2022, with readings historically associated with rebounds preceding even bigger declines. But as the rout keeps progressing, valuations on the S&amp;P 500 are becoming more reasonable, strengthening the case for investors with cash to jump in. The 500-member index is trading at 16.6 times its projected 12-month profits, in line with its average reading this century.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-04 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P 500 reach 4,000As the stock-market rout shows no end in sight, an equity indicator constructed by ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137243379","content_text":"The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P 500 reach 4,000As the stock-market rout shows no end in sight, an equity indicator constructed by Bank of America Corp. offers a glimmer of hope.The bank’s so-called sell-side indicator, which aggregates Wall Street strategists’ asset allocation views, fell 33 basis points in December and is now 1.5 percentage points away from the level that’s historically tied to a good buying opportunity. At the current level, the indicator is closest its been to signaling a ‘buy’ since 2017.“One reason we are more constructive on equities in 2023 is the big drop in sentiment during 2022,” Bank of America’s strategists including Savita Subramanian wrote in note to clients. “It has been a bullish signal when Wall Street strategists were extremely bearish, and vice versa.”If sentiment is prone for an eventual turnaround, it didn’t show on Tuesday. After declining 19% in 2022, the S&P 500 Index fell 0.4% on the first trading day of 2023 as investors continued to assess the outlook on growth stocks. Tesla Inc. dropped the most since 2020 after fourth-quarter deliveries missed estimates, despite the electric-carmaker offering incentives in important markets. And Apple Inc. shares also slipped pushing the iPhone maker’s market value below $2 trillion.Whether the rebound will happen this time is anyone’s guess, with a lot likely contingent on the Federal Reserve’s path of interest-rate hikes. To Bank of America’s strategists, negative sentiment should help the S&P 500 reach 4,000 by the end of the year, a level that implies a 4.6% jump from its close on Tuesday.Sentiment indicators have been questionable investment tools in 2022, with readings historically associated with rebounds preceding even bigger declines. But as the rout keeps progressing, valuations on the S&P 500 are becoming more reasonable, strengthening the case for investors with cash to jump in. The 500-member index is trading at 16.6 times its projected 12-month profits, in line with its average reading this century.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9950588059,"gmtCreate":1672789866971,"gmtModify":1676538736875,"author":{"id":"3581989576547489","authorId":"3581989576547489","name":"SimonTan91","avatar":"https://static.tigerbbs.com/33a746662324e75f8c65f010f1588b16","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3581989576547489","authorIdStr":"3581989576547489"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":20,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9950588059","repostId":1137243379,"repostType":4,"repost":{"id":"1137243379","pubTimestamp":1672787284,"share":"https://ttm.financial/m/news/1137243379?lang=&edition=fundamental","pubTime":"2023-01-04 07:08","market":"us","language":"en","title":"BofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017","url":"https://stock-news.laohu8.com/highlight/detail?id=1137243379","media":"Bloomberg","summary":"The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P ","content":"<html><head></head><body><ul><li>The bank’s contrarian stock gauge fell 33 bps in December</li><li>BofA says negative sentiment will help S&amp;P 500 reach 4,000</li></ul><p>As the stock-market rout shows no end in sight, an equity indicator constructed by Bank of America Corp. offers a glimmer of hope.</p><p>The bank’s so-called sell-side indicator, which aggregates Wall Street strategists’ asset allocation views, fell 33 basis points in December and is now 1.5 percentage points away from the level that’s historically tied to a good buying opportunity. At the current level, the indicator is closest its been to signaling a ‘buy’ since 2017.</p><p>“One reason we are more constructive on equities in 2023 is the big drop in sentiment during 2022,” Bank of America’s strategists including Savita Subramanian wrote in note to clients. “It has been a bullish signal when Wall Street strategists were extremely bearish, and vice versa.”</p><p><img src=\"https://static.tigerbbs.com/4a9af4202897d9e7f8761f82b7a774dc\" tg-width=\"800\" tg-height=\"483\" width=\"100%\" height=\"auto\"/>If sentiment is prone for an eventual turnaround, it didn’t show on Tuesday. After declining 19% in 2022, the S&amp;P 500 Index fell 0.4% on the first trading day of 2023 as investors continued to assess the outlook on growth stocks. Tesla Inc. dropped the most since 2020 after fourth-quarter deliveries missed estimates, despite the electric-carmaker offering incentives in important markets. And Apple Inc. shares also slipped pushing the iPhone maker’s market value below $2 trillion.</p><p>Whether the rebound will happen this time is anyone’s guess, with a lot likely contingent on the Federal Reserve’s path of interest-rate hikes. To Bank of America’s strategists, negative sentiment should help the S&amp;P 500 reach 4,000 by the end of the year, a level that implies a 4.6% jump from its close on Tuesday.</p><p>Sentiment indicators have been questionable investment tools in 2022, with readings historically associated with rebounds preceding even bigger declines. But as the rout keeps progressing, valuations on the S&amp;P 500 are becoming more reasonable, strengthening the case for investors with cash to jump in. The 500-member index is trading at 16.6 times its projected 12-month profits, in line with its average reading this century.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-04 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P 500 reach 4,000As the stock-market rout shows no end in sight, an equity indicator constructed by ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137243379","content_text":"The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P 500 reach 4,000As the stock-market rout shows no end in sight, an equity indicator constructed by Bank of America Corp. offers a glimmer of hope.The bank’s so-called sell-side indicator, which aggregates Wall Street strategists’ asset allocation views, fell 33 basis points in December and is now 1.5 percentage points away from the level that’s historically tied to a good buying opportunity. At the current level, the indicator is closest its been to signaling a ‘buy’ since 2017.“One reason we are more constructive on equities in 2023 is the big drop in sentiment during 2022,” Bank of America’s strategists including Savita Subramanian wrote in note to clients. “It has been a bullish signal when Wall Street strategists were extremely bearish, and vice versa.”If sentiment is prone for an eventual turnaround, it didn’t show on Tuesday. After declining 19% in 2022, the S&P 500 Index fell 0.4% on the first trading day of 2023 as investors continued to assess the outlook on growth stocks. Tesla Inc. dropped the most since 2020 after fourth-quarter deliveries missed estimates, despite the electric-carmaker offering incentives in important markets. And Apple Inc. shares also slipped pushing the iPhone maker’s market value below $2 trillion.Whether the rebound will happen this time is anyone’s guess, with a lot likely contingent on the Federal Reserve’s path of interest-rate hikes. To Bank of America’s strategists, negative sentiment should help the S&P 500 reach 4,000 by the end of the year, a level that implies a 4.6% jump from its close on Tuesday.Sentiment indicators have been questionable investment tools in 2022, with readings historically associated with rebounds preceding even bigger declines. But as the rout keeps progressing, valuations on the S&P 500 are becoming more reasonable, strengthening the case for investors with cash to jump in. The 500-member index is trading at 16.6 times its projected 12-month profits, in line with its average reading this century.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9950581013,"gmtCreate":1672789782732,"gmtModify":1676538736845,"author":{"id":"3581493206135613","authorId":"3581493206135613","name":"Ccl2","avatar":"https://static.tigerbbs.com/d42f34da4e87e15b0fca1740d5c0310a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581493206135613","authorIdStr":"3581493206135613"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":18,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9950581013","repostId":1137243379,"repostType":4,"repost":{"id":"1137243379","pubTimestamp":1672787284,"share":"https://ttm.financial/m/news/1137243379?lang=&edition=fundamental","pubTime":"2023-01-04 07:08","market":"us","language":"en","title":"BofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017","url":"https://stock-news.laohu8.com/highlight/detail?id=1137243379","media":"Bloomberg","summary":"The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P ","content":"<html><head></head><body><ul><li>The bank’s contrarian stock gauge fell 33 bps in December</li><li>BofA says negative sentiment will help S&amp;P 500 reach 4,000</li></ul><p>As the stock-market rout shows no end in sight, an equity indicator constructed by Bank of America Corp. offers a glimmer of hope.</p><p>The bank’s so-called sell-side indicator, which aggregates Wall Street strategists’ asset allocation views, fell 33 basis points in December and is now 1.5 percentage points away from the level that’s historically tied to a good buying opportunity. At the current level, the indicator is closest its been to signaling a ‘buy’ since 2017.</p><p>“One reason we are more constructive on equities in 2023 is the big drop in sentiment during 2022,” Bank of America’s strategists including Savita Subramanian wrote in note to clients. “It has been a bullish signal when Wall Street strategists were extremely bearish, and vice versa.”</p><p><img src=\"https://static.tigerbbs.com/4a9af4202897d9e7f8761f82b7a774dc\" tg-width=\"800\" tg-height=\"483\" width=\"100%\" height=\"auto\"/>If sentiment is prone for an eventual turnaround, it didn’t show on Tuesday. After declining 19% in 2022, the S&amp;P 500 Index fell 0.4% on the first trading day of 2023 as investors continued to assess the outlook on growth stocks. Tesla Inc. dropped the most since 2020 after fourth-quarter deliveries missed estimates, despite the electric-carmaker offering incentives in important markets. And Apple Inc. shares also slipped pushing the iPhone maker’s market value below $2 trillion.</p><p>Whether the rebound will happen this time is anyone’s guess, with a lot likely contingent on the Federal Reserve’s path of interest-rate hikes. To Bank of America’s strategists, negative sentiment should help the S&amp;P 500 reach 4,000 by the end of the year, a level that implies a 4.6% jump from its close on Tuesday.</p><p>Sentiment indicators have been questionable investment tools in 2022, with readings historically associated with rebounds preceding even bigger declines. But as the rout keeps progressing, valuations on the S&amp;P 500 are becoming more reasonable, strengthening the case for investors with cash to jump in. The 500-member index is trading at 16.6 times its projected 12-month profits, in line with its average reading this century.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-04 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P 500 reach 4,000As the stock-market rout shows no end in sight, an equity indicator constructed by ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137243379","content_text":"The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P 500 reach 4,000As the stock-market rout shows no end in sight, an equity indicator constructed by Bank of America Corp. offers a glimmer of hope.The bank’s so-called sell-side indicator, which aggregates Wall Street strategists’ asset allocation views, fell 33 basis points in December and is now 1.5 percentage points away from the level that’s historically tied to a good buying opportunity. At the current level, the indicator is closest its been to signaling a ‘buy’ since 2017.“One reason we are more constructive on equities in 2023 is the big drop in sentiment during 2022,” Bank of America’s strategists including Savita Subramanian wrote in note to clients. “It has been a bullish signal when Wall Street strategists were extremely bearish, and vice versa.”If sentiment is prone for an eventual turnaround, it didn’t show on Tuesday. After declining 19% in 2022, the S&P 500 Index fell 0.4% on the first trading day of 2023 as investors continued to assess the outlook on growth stocks. Tesla Inc. dropped the most since 2020 after fourth-quarter deliveries missed estimates, despite the electric-carmaker offering incentives in important markets. And Apple Inc. shares also slipped pushing the iPhone maker’s market value below $2 trillion.Whether the rebound will happen this time is anyone’s guess, with a lot likely contingent on the Federal Reserve’s path of interest-rate hikes. To Bank of America’s strategists, negative sentiment should help the S&P 500 reach 4,000 by the end of the year, a level that implies a 4.6% jump from its close on Tuesday.Sentiment indicators have been questionable investment tools in 2022, with readings historically associated with rebounds preceding even bigger declines. But as the rout keeps progressing, valuations on the S&P 500 are becoming more reasonable, strengthening the case for investors with cash to jump in. The 500-member index is trading at 16.6 times its projected 12-month profits, in line with its average reading this century.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":105442688,"gmtCreate":1672789790688,"gmtModify":1672789803806,"authorId":3581493206135613,"author":{"id":3581493206135613,"idStr":"3581493206135613","authorId":3581493206135613,"name":"Ccl2","avatar":"https://static.tigerbbs.com/d42f34da4e87e15b0fca1740d5c0310a","vip":1,"currentWearingBadge":{"badgeId":"cbe1c45c584340f3bd9ae6c77e0e9981-1","templateUuid":"cbe1c45c584340f3bd9ae6c77e0e9981","name":"Academy Experiencer","description":"5 lessons learned","bigImgUrl":"https://community-static.tradeup.com/news/fb5ae275631fb96a92d475cdc85d2302","smallImgUrl":"https://community-static.tradeup.com/news/c2660a1935bd2105e97c9915619936c3","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.04.27","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":2006},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9950581013,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">Like</span>","text":"<span class=\"s1\">Like</span>","html":"<span class=\"s1\">Like</span>"}],"langContent":"EN"},{"id":9950580216,"gmtCreate":1672789607135,"gmtModify":1676538736783,"author":{"id":"3581495146931772","authorId":"3581495146931772","name":"Ben01","avatar":"https://static.tigerbbs.com/b158a0cc5a97dd1cf647bb3d21cf2c9f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581495146931772","authorIdStr":"3581495146931772"},"htmlText":"Like and comment please. Thanks&nbsp;","listText":"Like and comment please. Thanks&nbsp;","text":"Like and comment please. Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":20,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9950580216","repostId":1137243379,"repostType":4,"repost":{"id":"1137243379","pubTimestamp":1672787284,"share":"https://ttm.financial/m/news/1137243379?lang=&edition=fundamental","pubTime":"2023-01-04 07:08","market":"us","language":"en","title":"BofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017","url":"https://stock-news.laohu8.com/highlight/detail?id=1137243379","media":"Bloomberg","summary":"The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P ","content":"<html><head></head><body><ul><li>The bank’s contrarian stock gauge fell 33 bps in December</li><li>BofA says negative sentiment will help S&amp;P 500 reach 4,000</li></ul><p>As the stock-market rout shows no end in sight, an equity indicator constructed by Bank of America Corp. offers a glimmer of hope.</p><p>The bank’s so-called sell-side indicator, which aggregates Wall Street strategists’ asset allocation views, fell 33 basis points in December and is now 1.5 percentage points away from the level that’s historically tied to a good buying opportunity. At the current level, the indicator is closest its been to signaling a ‘buy’ since 2017.</p><p>“One reason we are more constructive on equities in 2023 is the big drop in sentiment during 2022,” Bank of America’s strategists including Savita Subramanian wrote in note to clients. “It has been a bullish signal when Wall Street strategists were extremely bearish, and vice versa.”</p><p><img src=\"https://static.tigerbbs.com/4a9af4202897d9e7f8761f82b7a774dc\" tg-width=\"800\" tg-height=\"483\" width=\"100%\" height=\"auto\"/>If sentiment is prone for an eventual turnaround, it didn’t show on Tuesday. After declining 19% in 2022, the S&amp;P 500 Index fell 0.4% on the first trading day of 2023 as investors continued to assess the outlook on growth stocks. Tesla Inc. dropped the most since 2020 after fourth-quarter deliveries missed estimates, despite the electric-carmaker offering incentives in important markets. And Apple Inc. shares also slipped pushing the iPhone maker’s market value below $2 trillion.</p><p>Whether the rebound will happen this time is anyone’s guess, with a lot likely contingent on the Federal Reserve’s path of interest-rate hikes. To Bank of America’s strategists, negative sentiment should help the S&amp;P 500 reach 4,000 by the end of the year, a level that implies a 4.6% jump from its close on Tuesday.</p><p>Sentiment indicators have been questionable investment tools in 2022, with readings historically associated with rebounds preceding even bigger declines. But as the rout keeps progressing, valuations on the S&amp;P 500 are becoming more reasonable, strengthening the case for investors with cash to jump in. The 500-member index is trading at 16.6 times its projected 12-month profits, in line with its average reading this century.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-04 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P 500 reach 4,000As the stock-market rout shows no end in sight, an equity indicator constructed by ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137243379","content_text":"The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P 500 reach 4,000As the stock-market rout shows no end in sight, an equity indicator constructed by Bank of America Corp. offers a glimmer of hope.The bank’s so-called sell-side indicator, which aggregates Wall Street strategists’ asset allocation views, fell 33 basis points in December and is now 1.5 percentage points away from the level that’s historically tied to a good buying opportunity. At the current level, the indicator is closest its been to signaling a ‘buy’ since 2017.“One reason we are more constructive on equities in 2023 is the big drop in sentiment during 2022,” Bank of America’s strategists including Savita Subramanian wrote in note to clients. “It has been a bullish signal when Wall Street strategists were extremely bearish, and vice versa.”If sentiment is prone for an eventual turnaround, it didn’t show on Tuesday. After declining 19% in 2022, the S&P 500 Index fell 0.4% on the first trading day of 2023 as investors continued to assess the outlook on growth stocks. Tesla Inc. dropped the most since 2020 after fourth-quarter deliveries missed estimates, despite the electric-carmaker offering incentives in important markets. And Apple Inc. shares also slipped pushing the iPhone maker’s market value below $2 trillion.Whether the rebound will happen this time is anyone’s guess, with a lot likely contingent on the Federal Reserve’s path of interest-rate hikes. To Bank of America’s strategists, negative sentiment should help the S&P 500 reach 4,000 by the end of the year, a level that implies a 4.6% jump from its close on Tuesday.Sentiment indicators have been questionable investment tools in 2022, with readings historically associated with rebounds preceding even bigger declines. But as the rout keeps progressing, valuations on the S&P 500 are becoming more reasonable, strengthening the case for investors with cash to jump in. The 500-member index is trading at 16.6 times its projected 12-month profits, in line with its average reading this century.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":105442773,"gmtCreate":1672790122723,"gmtModify":1672790135785,"authorId":3574048205972490,"author":{"id":3574048205972490,"idStr":"3574048205972490","authorId":3574048205972490,"name":"vincentlaubc","avatar":"https://static.tigerbbs.com/527738d1afb729d071d6d5a4b247954f","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":6,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9950580216,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"},{"id":105442654,"gmtCreate":1672789616371,"gmtModify":1672789630508,"authorId":3581495146931772,"author":{"id":3581495146931772,"idStr":"3581495146931772","authorId":3581495146931772,"name":"Ben01","avatar":"https://static.tigerbbs.com/b158a0cc5a97dd1cf647bb3d21cf2c9f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9950580216,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">Ok</span>","text":"<span class=\"s1\">Ok</span>","html":"<span class=\"s1\">Ok</span>"}],"langContent":"EN"},{"id":9950517538,"gmtCreate":1672789557224,"gmtModify":1676538736759,"author":{"id":"3582000520700468","authorId":"3582000520700468","name":"Worpeng2002","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582000520700468","authorIdStr":"3582000520700468"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9950517538","repostId":1137243379,"repostType":4,"repost":{"id":"1137243379","pubTimestamp":1672787284,"share":"https://ttm.financial/m/news/1137243379?lang=&edition=fundamental","pubTime":"2023-01-04 07:08","market":"us","language":"en","title":"BofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017","url":"https://stock-news.laohu8.com/highlight/detail?id=1137243379","media":"Bloomberg","summary":"The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P ","content":"<html><head></head><body><ul><li>The bank’s contrarian stock gauge fell 33 bps in December</li><li>BofA says negative sentiment will help S&amp;P 500 reach 4,000</li></ul><p>As the stock-market rout shows no end in sight, an equity indicator constructed by Bank of America Corp. offers a glimmer of hope.</p><p>The bank’s so-called sell-side indicator, which aggregates Wall Street strategists’ asset allocation views, fell 33 basis points in December and is now 1.5 percentage points away from the level that’s historically tied to a good buying opportunity. At the current level, the indicator is closest its been to signaling a ‘buy’ since 2017.</p><p>“One reason we are more constructive on equities in 2023 is the big drop in sentiment during 2022,” Bank of America’s strategists including Savita Subramanian wrote in note to clients. “It has been a bullish signal when Wall Street strategists were extremely bearish, and vice versa.”</p><p><img src=\"https://static.tigerbbs.com/4a9af4202897d9e7f8761f82b7a774dc\" tg-width=\"800\" tg-height=\"483\" width=\"100%\" height=\"auto\"/>If sentiment is prone for an eventual turnaround, it didn’t show on Tuesday. After declining 19% in 2022, the S&amp;P 500 Index fell 0.4% on the first trading day of 2023 as investors continued to assess the outlook on growth stocks. Tesla Inc. dropped the most since 2020 after fourth-quarter deliveries missed estimates, despite the electric-carmaker offering incentives in important markets. And Apple Inc. shares also slipped pushing the iPhone maker’s market value below $2 trillion.</p><p>Whether the rebound will happen this time is anyone’s guess, with a lot likely contingent on the Federal Reserve’s path of interest-rate hikes. To Bank of America’s strategists, negative sentiment should help the S&amp;P 500 reach 4,000 by the end of the year, a level that implies a 4.6% jump from its close on Tuesday.</p><p>Sentiment indicators have been questionable investment tools in 2022, with readings historically associated with rebounds preceding even bigger declines. But as the rout keeps progressing, valuations on the S&amp;P 500 are becoming more reasonable, strengthening the case for investors with cash to jump in. The 500-member index is trading at 16.6 times its projected 12-month profits, in line with its average reading this century.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-04 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P 500 reach 4,000As the stock-market rout shows no end in sight, an equity indicator constructed by ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137243379","content_text":"The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P 500 reach 4,000As the stock-market rout shows no end in sight, an equity indicator constructed by Bank of America Corp. offers a glimmer of hope.The bank’s so-called sell-side indicator, which aggregates Wall Street strategists’ asset allocation views, fell 33 basis points in December and is now 1.5 percentage points away from the level that’s historically tied to a good buying opportunity. At the current level, the indicator is closest its been to signaling a ‘buy’ since 2017.“One reason we are more constructive on equities in 2023 is the big drop in sentiment during 2022,” Bank of America’s strategists including Savita Subramanian wrote in note to clients. “It has been a bullish signal when Wall Street strategists were extremely bearish, and vice versa.”If sentiment is prone for an eventual turnaround, it didn’t show on Tuesday. After declining 19% in 2022, the S&P 500 Index fell 0.4% on the first trading day of 2023 as investors continued to assess the outlook on growth stocks. Tesla Inc. dropped the most since 2020 after fourth-quarter deliveries missed estimates, despite the electric-carmaker offering incentives in important markets. And Apple Inc. shares also slipped pushing the iPhone maker’s market value below $2 trillion.Whether the rebound will happen this time is anyone’s guess, with a lot likely contingent on the Federal Reserve’s path of interest-rate hikes. To Bank of America’s strategists, negative sentiment should help the S&P 500 reach 4,000 by the end of the year, a level that implies a 4.6% jump from its close on Tuesday.Sentiment indicators have been questionable investment tools in 2022, with readings historically associated with rebounds preceding even bigger declines. But as the rout keeps progressing, valuations on the S&P 500 are becoming more reasonable, strengthening the case for investors with cash to jump in. The 500-member index is trading at 16.6 times its projected 12-month profits, in line with its average reading this century.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":105442711,"gmtCreate":1672789862970,"gmtModify":1672789873539,"authorId":3581989576547489,"author":{"id":3581989576547489,"idStr":"3581989576547489","authorId":3581989576547489,"name":"SimonTan91","avatar":"https://static.tigerbbs.com/33a746662324e75f8c65f010f1588b16","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9950517538,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"EN"},{"id":9950515512,"gmtCreate":1672789312237,"gmtModify":1676538736695,"author":{"id":"3585453082564093","authorId":"3585453082564093","name":"Daniel03","avatar":"https://static.tigerbbs.com/a1f7c180d34c60deb481e2b1f191f99b","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":3,"crmLevelSwitch":1,"idStr":"3585453082564093","authorIdStr":"3585453082564093"},"htmlText":"🤔","listText":"🤔","text":"🤔","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9950515512","repostId":1137243379,"repostType":4,"repost":{"id":"1137243379","pubTimestamp":1672787284,"share":"https://ttm.financial/m/news/1137243379?lang=&edition=fundamental","pubTime":"2023-01-04 07:08","market":"us","language":"en","title":"BofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017","url":"https://stock-news.laohu8.com/highlight/detail?id=1137243379","media":"Bloomberg","summary":"The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P ","content":"<html><head></head><body><ul><li>The bank’s contrarian stock gauge fell 33 bps in December</li><li>BofA says negative sentiment will help S&amp;P 500 reach 4,000</li></ul><p>As the stock-market rout shows no end in sight, an equity indicator constructed by Bank of America Corp. offers a glimmer of hope.</p><p>The bank’s so-called sell-side indicator, which aggregates Wall Street strategists’ asset allocation views, fell 33 basis points in December and is now 1.5 percentage points away from the level that’s historically tied to a good buying opportunity. At the current level, the indicator is closest its been to signaling a ‘buy’ since 2017.</p><p>“One reason we are more constructive on equities in 2023 is the big drop in sentiment during 2022,” Bank of America’s strategists including Savita Subramanian wrote in note to clients. “It has been a bullish signal when Wall Street strategists were extremely bearish, and vice versa.”</p><p><img src=\"https://static.tigerbbs.com/4a9af4202897d9e7f8761f82b7a774dc\" tg-width=\"800\" tg-height=\"483\" width=\"100%\" height=\"auto\"/>If sentiment is prone for an eventual turnaround, it didn’t show on Tuesday. After declining 19% in 2022, the S&amp;P 500 Index fell 0.4% on the first trading day of 2023 as investors continued to assess the outlook on growth stocks. Tesla Inc. dropped the most since 2020 after fourth-quarter deliveries missed estimates, despite the electric-carmaker offering incentives in important markets. And Apple Inc. shares also slipped pushing the iPhone maker’s market value below $2 trillion.</p><p>Whether the rebound will happen this time is anyone’s guess, with a lot likely contingent on the Federal Reserve’s path of interest-rate hikes. To Bank of America’s strategists, negative sentiment should help the S&amp;P 500 reach 4,000 by the end of the year, a level that implies a 4.6% jump from its close on Tuesday.</p><p>Sentiment indicators have been questionable investment tools in 2022, with readings historically associated with rebounds preceding even bigger declines. But as the rout keeps progressing, valuations on the S&amp;P 500 are becoming more reasonable, strengthening the case for investors with cash to jump in. The 500-member index is trading at 16.6 times its projected 12-month profits, in line with its average reading this century.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-04 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P 500 reach 4,000As the stock-market rout shows no end in sight, an equity indicator constructed by ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137243379","content_text":"The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P 500 reach 4,000As the stock-market rout shows no end in sight, an equity indicator constructed by Bank of America Corp. offers a glimmer of hope.The bank’s so-called sell-side indicator, which aggregates Wall Street strategists’ asset allocation views, fell 33 basis points in December and is now 1.5 percentage points away from the level that’s historically tied to a good buying opportunity. At the current level, the indicator is closest its been to signaling a ‘buy’ since 2017.“One reason we are more constructive on equities in 2023 is the big drop in sentiment during 2022,” Bank of America’s strategists including Savita Subramanian wrote in note to clients. “It has been a bullish signal when Wall Street strategists were extremely bearish, and vice versa.”If sentiment is prone for an eventual turnaround, it didn’t show on Tuesday. After declining 19% in 2022, the S&P 500 Index fell 0.4% on the first trading day of 2023 as investors continued to assess the outlook on growth stocks. Tesla Inc. dropped the most since 2020 after fourth-quarter deliveries missed estimates, despite the electric-carmaker offering incentives in important markets. And Apple Inc. shares also slipped pushing the iPhone maker’s market value below $2 trillion.Whether the rebound will happen this time is anyone’s guess, with a lot likely contingent on the Federal Reserve’s path of interest-rate hikes. To Bank of America’s strategists, negative sentiment should help the S&P 500 reach 4,000 by the end of the year, a level that implies a 4.6% jump from its close on Tuesday.Sentiment indicators have been questionable investment tools in 2022, with readings historically associated with rebounds preceding even bigger declines. But as the rout keeps progressing, valuations on the S&P 500 are becoming more reasonable, strengthening the case for investors with cash to jump in. The 500-member index is trading at 16.6 times its projected 12-month profits, in line with its average reading this century.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9950515240,"gmtCreate":1672789307081,"gmtModify":1676538736695,"author":{"id":"3583570345500843","authorId":"3583570345500843","name":"sfleong1","avatar":"https://static.tigerbbs.com/2ec42f3f2b911279950a45a9140bc358","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3583570345500843","authorIdStr":"3583570345500843"},"htmlText":"Like n comment&nbsp;","listText":"Like n comment&nbsp;","text":"Like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9950515240","repostId":1137243379,"repostType":4,"repost":{"id":"1137243379","pubTimestamp":1672787284,"share":"https://ttm.financial/m/news/1137243379?lang=&edition=fundamental","pubTime":"2023-01-04 07:08","market":"us","language":"en","title":"BofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017","url":"https://stock-news.laohu8.com/highlight/detail?id=1137243379","media":"Bloomberg","summary":"The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P ","content":"<html><head></head><body><ul><li>The bank’s contrarian stock gauge fell 33 bps in December</li><li>BofA says negative sentiment will help S&amp;P 500 reach 4,000</li></ul><p>As the stock-market rout shows no end in sight, an equity indicator constructed by Bank of America Corp. offers a glimmer of hope.</p><p>The bank’s so-called sell-side indicator, which aggregates Wall Street strategists’ asset allocation views, fell 33 basis points in December and is now 1.5 percentage points away from the level that’s historically tied to a good buying opportunity. At the current level, the indicator is closest its been to signaling a ‘buy’ since 2017.</p><p>“One reason we are more constructive on equities in 2023 is the big drop in sentiment during 2022,” Bank of America’s strategists including Savita Subramanian wrote in note to clients. “It has been a bullish signal when Wall Street strategists were extremely bearish, and vice versa.”</p><p><img src=\"https://static.tigerbbs.com/4a9af4202897d9e7f8761f82b7a774dc\" tg-width=\"800\" tg-height=\"483\" width=\"100%\" height=\"auto\"/>If sentiment is prone for an eventual turnaround, it didn’t show on Tuesday. After declining 19% in 2022, the S&amp;P 500 Index fell 0.4% on the first trading day of 2023 as investors continued to assess the outlook on growth stocks. Tesla Inc. dropped the most since 2020 after fourth-quarter deliveries missed estimates, despite the electric-carmaker offering incentives in important markets. And Apple Inc. shares also slipped pushing the iPhone maker’s market value below $2 trillion.</p><p>Whether the rebound will happen this time is anyone’s guess, with a lot likely contingent on the Federal Reserve’s path of interest-rate hikes. To Bank of America’s strategists, negative sentiment should help the S&amp;P 500 reach 4,000 by the end of the year, a level that implies a 4.6% jump from its close on Tuesday.</p><p>Sentiment indicators have been questionable investment tools in 2022, with readings historically associated with rebounds preceding even bigger declines. But as the rout keeps progressing, valuations on the S&amp;P 500 are becoming more reasonable, strengthening the case for investors with cash to jump in. The 500-member index is trading at 16.6 times its projected 12-month profits, in line with its average reading this century.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-04 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P 500 reach 4,000As the stock-market rout shows no end in sight, an equity indicator constructed by ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137243379","content_text":"The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P 500 reach 4,000As the stock-market rout shows no end in sight, an equity indicator constructed by Bank of America Corp. offers a glimmer of hope.The bank’s so-called sell-side indicator, which aggregates Wall Street strategists’ asset allocation views, fell 33 basis points in December and is now 1.5 percentage points away from the level that’s historically tied to a good buying opportunity. At the current level, the indicator is closest its been to signaling a ‘buy’ since 2017.“One reason we are more constructive on equities in 2023 is the big drop in sentiment during 2022,” Bank of America’s strategists including Savita Subramanian wrote in note to clients. “It has been a bullish signal when Wall Street strategists were extremely bearish, and vice versa.”If sentiment is prone for an eventual turnaround, it didn’t show on Tuesday. After declining 19% in 2022, the S&P 500 Index fell 0.4% on the first trading day of 2023 as investors continued to assess the outlook on growth stocks. Tesla Inc. dropped the most since 2020 after fourth-quarter deliveries missed estimates, despite the electric-carmaker offering incentives in important markets. And Apple Inc. shares also slipped pushing the iPhone maker’s market value below $2 trillion.Whether the rebound will happen this time is anyone’s guess, with a lot likely contingent on the Federal Reserve’s path of interest-rate hikes. To Bank of America’s strategists, negative sentiment should help the S&P 500 reach 4,000 by the end of the year, a level that implies a 4.6% jump from its close on Tuesday.Sentiment indicators have been questionable investment tools in 2022, with readings historically associated with rebounds preceding even bigger declines. But as the rout keeps progressing, valuations on the S&P 500 are becoming more reasonable, strengthening the case for investors with cash to jump in. The 500-member index is trading at 16.6 times its projected 12-month profits, in line with its average reading this century.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9950512690,"gmtCreate":1672789232410,"gmtModify":1676538736665,"author":{"id":"4102387785594850","authorId":"4102387785594850","name":"Renzo Piano","avatar":"https://community-static.tradeup.com/news/02c4203700f934de0100b2ebb303dc89","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"4102387785594850","authorIdStr":"4102387785594850"},"htmlText":"[Miser]&nbsp;[Speechless]&nbsp;","listText":"[Miser]&nbsp;[Speechless]&nbsp;","text":"[Miser] [Speechless]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9950512690","repostId":1137243379,"repostType":4,"repost":{"id":"1137243379","pubTimestamp":1672787284,"share":"https://ttm.financial/m/news/1137243379?lang=&edition=fundamental","pubTime":"2023-01-04 07:08","market":"us","language":"en","title":"BofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017","url":"https://stock-news.laohu8.com/highlight/detail?id=1137243379","media":"Bloomberg","summary":"The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P ","content":"<html><head></head><body><ul><li>The bank’s contrarian stock gauge fell 33 bps in December</li><li>BofA says negative sentiment will help S&amp;P 500 reach 4,000</li></ul><p>As the stock-market rout shows no end in sight, an equity indicator constructed by Bank of America Corp. offers a glimmer of hope.</p><p>The bank’s so-called sell-side indicator, which aggregates Wall Street strategists’ asset allocation views, fell 33 basis points in December and is now 1.5 percentage points away from the level that’s historically tied to a good buying opportunity. At the current level, the indicator is closest its been to signaling a ‘buy’ since 2017.</p><p>“One reason we are more constructive on equities in 2023 is the big drop in sentiment during 2022,” Bank of America’s strategists including Savita Subramanian wrote in note to clients. “It has been a bullish signal when Wall Street strategists were extremely bearish, and vice versa.”</p><p><img src=\"https://static.tigerbbs.com/4a9af4202897d9e7f8761f82b7a774dc\" tg-width=\"800\" tg-height=\"483\" width=\"100%\" height=\"auto\"/>If sentiment is prone for an eventual turnaround, it didn’t show on Tuesday. After declining 19% in 2022, the S&amp;P 500 Index fell 0.4% on the first trading day of 2023 as investors continued to assess the outlook on growth stocks. Tesla Inc. dropped the most since 2020 after fourth-quarter deliveries missed estimates, despite the electric-carmaker offering incentives in important markets. And Apple Inc. shares also slipped pushing the iPhone maker’s market value below $2 trillion.</p><p>Whether the rebound will happen this time is anyone’s guess, with a lot likely contingent on the Federal Reserve’s path of interest-rate hikes. To Bank of America’s strategists, negative sentiment should help the S&amp;P 500 reach 4,000 by the end of the year, a level that implies a 4.6% jump from its close on Tuesday.</p><p>Sentiment indicators have been questionable investment tools in 2022, with readings historically associated with rebounds preceding even bigger declines. But as the rout keeps progressing, valuations on the S&amp;P 500 are becoming more reasonable, strengthening the case for investors with cash to jump in. The 500-member index is trading at 16.6 times its projected 12-month profits, in line with its average reading this century.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-04 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P 500 reach 4,000As the stock-market rout shows no end in sight, an equity indicator constructed by ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137243379","content_text":"The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P 500 reach 4,000As the stock-market rout shows no end in sight, an equity indicator constructed by Bank of America Corp. offers a glimmer of hope.The bank’s so-called sell-side indicator, which aggregates Wall Street strategists’ asset allocation views, fell 33 basis points in December and is now 1.5 percentage points away from the level that’s historically tied to a good buying opportunity. At the current level, the indicator is closest its been to signaling a ‘buy’ since 2017.“One reason we are more constructive on equities in 2023 is the big drop in sentiment during 2022,” Bank of America’s strategists including Savita Subramanian wrote in note to clients. “It has been a bullish signal when Wall Street strategists were extremely bearish, and vice versa.”If sentiment is prone for an eventual turnaround, it didn’t show on Tuesday. After declining 19% in 2022, the S&P 500 Index fell 0.4% on the first trading day of 2023 as investors continued to assess the outlook on growth stocks. Tesla Inc. dropped the most since 2020 after fourth-quarter deliveries missed estimates, despite the electric-carmaker offering incentives in important markets. And Apple Inc. shares also slipped pushing the iPhone maker’s market value below $2 trillion.Whether the rebound will happen this time is anyone’s guess, with a lot likely contingent on the Federal Reserve’s path of interest-rate hikes. To Bank of America’s strategists, negative sentiment should help the S&P 500 reach 4,000 by the end of the year, a level that implies a 4.6% jump from its close on Tuesday.Sentiment indicators have been questionable investment tools in 2022, with readings historically associated with rebounds preceding even bigger declines. But as the rout keeps progressing, valuations on the S&P 500 are becoming more reasonable, strengthening the case for investors with cash to jump in. The 500-member index is trading at 16.6 times its projected 12-month profits, in line with its average reading this century.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9950511455,"gmtCreate":1672788896477,"gmtModify":1676538736509,"author":{"id":"3581585664475701","authorId":"3581585664475701","name":"SeanSak","avatar":"https://static.tigerbbs.com/4a62d3d455150e01d4dc6c67bd4f9c0d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581585664475701","authorIdStr":"3581585664475701"},"htmlText":"Like n comment&nbsp;","listText":"Like n comment&nbsp;","text":"Like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9950511455","repostId":1137243379,"repostType":4,"repost":{"id":"1137243379","pubTimestamp":1672787284,"share":"https://ttm.financial/m/news/1137243379?lang=&edition=fundamental","pubTime":"2023-01-04 07:08","market":"us","language":"en","title":"BofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017","url":"https://stock-news.laohu8.com/highlight/detail?id=1137243379","media":"Bloomberg","summary":"The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P ","content":"<html><head></head><body><ul><li>The bank’s contrarian stock gauge fell 33 bps in December</li><li>BofA says negative sentiment will help S&amp;P 500 reach 4,000</li></ul><p>As the stock-market rout shows no end in sight, an equity indicator constructed by Bank of America Corp. offers a glimmer of hope.</p><p>The bank’s so-called sell-side indicator, which aggregates Wall Street strategists’ asset allocation views, fell 33 basis points in December and is now 1.5 percentage points away from the level that’s historically tied to a good buying opportunity. At the current level, the indicator is closest its been to signaling a ‘buy’ since 2017.</p><p>“One reason we are more constructive on equities in 2023 is the big drop in sentiment during 2022,” Bank of America’s strategists including Savita Subramanian wrote in note to clients. “It has been a bullish signal when Wall Street strategists were extremely bearish, and vice versa.”</p><p><img src=\"https://static.tigerbbs.com/4a9af4202897d9e7f8761f82b7a774dc\" tg-width=\"800\" tg-height=\"483\" width=\"100%\" height=\"auto\"/>If sentiment is prone for an eventual turnaround, it didn’t show on Tuesday. After declining 19% in 2022, the S&amp;P 500 Index fell 0.4% on the first trading day of 2023 as investors continued to assess the outlook on growth stocks. Tesla Inc. dropped the most since 2020 after fourth-quarter deliveries missed estimates, despite the electric-carmaker offering incentives in important markets. And Apple Inc. shares also slipped pushing the iPhone maker’s market value below $2 trillion.</p><p>Whether the rebound will happen this time is anyone’s guess, with a lot likely contingent on the Federal Reserve’s path of interest-rate hikes. To Bank of America’s strategists, negative sentiment should help the S&amp;P 500 reach 4,000 by the end of the year, a level that implies a 4.6% jump from its close on Tuesday.</p><p>Sentiment indicators have been questionable investment tools in 2022, with readings historically associated with rebounds preceding even bigger declines. But as the rout keeps progressing, valuations on the S&amp;P 500 are becoming more reasonable, strengthening the case for investors with cash to jump in. The 500-member index is trading at 16.6 times its projected 12-month profits, in line with its average reading this century.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-04 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P 500 reach 4,000As the stock-market rout shows no end in sight, an equity indicator constructed by ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137243379","content_text":"The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P 500 reach 4,000As the stock-market rout shows no end in sight, an equity indicator constructed by Bank of America Corp. offers a glimmer of hope.The bank’s so-called sell-side indicator, which aggregates Wall Street strategists’ asset allocation views, fell 33 basis points in December and is now 1.5 percentage points away from the level that’s historically tied to a good buying opportunity. At the current level, the indicator is closest its been to signaling a ‘buy’ since 2017.“One reason we are more constructive on equities in 2023 is the big drop in sentiment during 2022,” Bank of America’s strategists including Savita Subramanian wrote in note to clients. “It has been a bullish signal when Wall Street strategists were extremely bearish, and vice versa.”If sentiment is prone for an eventual turnaround, it didn’t show on Tuesday. After declining 19% in 2022, the S&P 500 Index fell 0.4% on the first trading day of 2023 as investors continued to assess the outlook on growth stocks. Tesla Inc. dropped the most since 2020 after fourth-quarter deliveries missed estimates, despite the electric-carmaker offering incentives in important markets. And Apple Inc. shares also slipped pushing the iPhone maker’s market value below $2 trillion.Whether the rebound will happen this time is anyone’s guess, with a lot likely contingent on the Federal Reserve’s path of interest-rate hikes. To Bank of America’s strategists, negative sentiment should help the S&P 500 reach 4,000 by the end of the year, a level that implies a 4.6% jump from its close on Tuesday.Sentiment indicators have been questionable investment tools in 2022, with readings historically associated with rebounds preceding even bigger declines. But as the rout keeps progressing, valuations on the S&P 500 are becoming more reasonable, strengthening the case for investors with cash to jump in. The 500-member index is trading at 16.6 times its projected 12-month profits, in line with its average reading this century.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9950511826,"gmtCreate":1672788862666,"gmtModify":1676538736501,"author":{"id":"3563667765668803","authorId":"3563667765668803","name":"TaiWoeiHaur","avatar":"https://community-static.tradeup.com/news/4573ecee7a4a891ace3e5566a59069d5","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"3563667765668803","authorIdStr":"3563667765668803"},"htmlText":"Good morning&nbsp;","listText":"Good morning&nbsp;","text":"Good morning","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9950511826","repostId":1137243379,"repostType":4,"repost":{"id":"1137243379","pubTimestamp":1672787284,"share":"https://ttm.financial/m/news/1137243379?lang=&edition=fundamental","pubTime":"2023-01-04 07:08","market":"us","language":"en","title":"BofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017","url":"https://stock-news.laohu8.com/highlight/detail?id=1137243379","media":"Bloomberg","summary":"The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P ","content":"<html><head></head><body><ul><li>The bank’s contrarian stock gauge fell 33 bps in December</li><li>BofA says negative sentiment will help S&amp;P 500 reach 4,000</li></ul><p>As the stock-market rout shows no end in sight, an equity indicator constructed by Bank of America Corp. offers a glimmer of hope.</p><p>The bank’s so-called sell-side indicator, which aggregates Wall Street strategists’ asset allocation views, fell 33 basis points in December and is now 1.5 percentage points away from the level that’s historically tied to a good buying opportunity. At the current level, the indicator is closest its been to signaling a ‘buy’ since 2017.</p><p>“One reason we are more constructive on equities in 2023 is the big drop in sentiment during 2022,” Bank of America’s strategists including Savita Subramanian wrote in note to clients. “It has been a bullish signal when Wall Street strategists were extremely bearish, and vice versa.”</p><p><img src=\"https://static.tigerbbs.com/4a9af4202897d9e7f8761f82b7a774dc\" tg-width=\"800\" tg-height=\"483\" width=\"100%\" height=\"auto\"/>If sentiment is prone for an eventual turnaround, it didn’t show on Tuesday. After declining 19% in 2022, the S&amp;P 500 Index fell 0.4% on the first trading day of 2023 as investors continued to assess the outlook on growth stocks. Tesla Inc. dropped the most since 2020 after fourth-quarter deliveries missed estimates, despite the electric-carmaker offering incentives in important markets. And Apple Inc. shares also slipped pushing the iPhone maker’s market value below $2 trillion.</p><p>Whether the rebound will happen this time is anyone’s guess, with a lot likely contingent on the Federal Reserve’s path of interest-rate hikes. To Bank of America’s strategists, negative sentiment should help the S&amp;P 500 reach 4,000 by the end of the year, a level that implies a 4.6% jump from its close on Tuesday.</p><p>Sentiment indicators have been questionable investment tools in 2022, with readings historically associated with rebounds preceding even bigger declines. But as the rout keeps progressing, valuations on the S&amp;P 500 are becoming more reasonable, strengthening the case for investors with cash to jump in. The 500-member index is trading at 16.6 times its projected 12-month profits, in line with its average reading this century.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBofA’s Stock Indicator Is the Closest It’s Been to \"Buy\" Since 2017\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-04 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P 500 reach 4,000As the stock-market rout shows no end in sight, an equity indicator constructed by ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2023-01-03/bank-of-america-s-stock-indicator-is-closest-it-s-been-to-buy-since-2017","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137243379","content_text":"The bank’s contrarian stock gauge fell 33 bps in DecemberBofA says negative sentiment will help S&P 500 reach 4,000As the stock-market rout shows no end in sight, an equity indicator constructed by Bank of America Corp. offers a glimmer of hope.The bank’s so-called sell-side indicator, which aggregates Wall Street strategists’ asset allocation views, fell 33 basis points in December and is now 1.5 percentage points away from the level that’s historically tied to a good buying opportunity. At the current level, the indicator is closest its been to signaling a ‘buy’ since 2017.“One reason we are more constructive on equities in 2023 is the big drop in sentiment during 2022,” Bank of America’s strategists including Savita Subramanian wrote in note to clients. “It has been a bullish signal when Wall Street strategists were extremely bearish, and vice versa.”If sentiment is prone for an eventual turnaround, it didn’t show on Tuesday. After declining 19% in 2022, the S&P 500 Index fell 0.4% on the first trading day of 2023 as investors continued to assess the outlook on growth stocks. Tesla Inc. dropped the most since 2020 after fourth-quarter deliveries missed estimates, despite the electric-carmaker offering incentives in important markets. And Apple Inc. shares also slipped pushing the iPhone maker’s market value below $2 trillion.Whether the rebound will happen this time is anyone’s guess, with a lot likely contingent on the Federal Reserve’s path of interest-rate hikes. To Bank of America’s strategists, negative sentiment should help the S&P 500 reach 4,000 by the end of the year, a level that implies a 4.6% jump from its close on Tuesday.Sentiment indicators have been questionable investment tools in 2022, with readings historically associated with rebounds preceding even bigger declines. But as the rout keeps progressing, valuations on the S&P 500 are becoming more reasonable, strengthening the case for investors with cash to jump in. The 500-member index is trading at 16.6 times its projected 12-month profits, in line with its average reading this century.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":333,"commentSize":22,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}