Sell U.S. stock rallies and buy the dip on everything else, BofA says
Written by Black Hot Fire Network on April 25, 2025
Don't be fooled by this week's bounce in the S & P 500 . Selling in U.S. stocks is not over, and investors should stay defensive as trade worries persist, according to Bank of America's Michael Hartnett. "We remain [first half] buyers of dips in bonds, international & gold, sellers of SPX/US$ rallies," Hartnett, the bank's chief investment strategist, said in his latest "Flow Show" note. Hartnett's comments come as U.S. stocks are about to wrap up a rare positive week. The S & P 500 is ahead 3.8% heading into . . .
