Rob Reiner's Son Nick Sparks Attention at Christmas Party Amidst Celebrity Encounters and Market Signals
Bank of America has issued a sell signal based on a reliable stock market indicator, suggesting caution for investors.
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Sell Signal
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BofA Warns S&P 500 Nearing Sell Signal
The S&P 500 is close to triggering a sell signal as it nears 6,300 points, with Bank of America advising investors to start selling shares, amid rising bubble risks and ongoing trade tensions.
Bitcoin Surges Past $70K Amid Bullish Signals and Market Volatility
Bitcoin's price surged past $70k, sparking excitement and predictions of a rise to $87k. Despite a sell signal, BTC maintained its bullish momentum, supported by high buying pressure and positive market indicators. However, some metrics like the Chaikin Money Flow suggested potential bearish trends.
BofA's Hartnett Warns Stock Rally Nearing Sell Signal
Bank of America strategist Michael Hartnett warns that the current global equity market rally is nearing a sell signal, with 71% of equity indexes trading above their 50- and 200-day moving averages. A reading above 88% would trigger a contrarian sell signal, indicating potential overheating.