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Bank of America Securities curated a "bull market checklist" for clients to help predict when stocks might reverse course. The list of six signals are events that typically happen before a market trough.In the context of the current global pandemic, the most important new bull market checklist item is a peak in the number of new coronavirus cases daily, according to Bank of America.
Bank of America Securities curated a "bull market checklist" for clients to help predict when stocks might reverse course. The list of six signals are events that typically happen before a market trough. "The more signals triggered, the greater the likelihood we are at the S&P 500 market bottom," Bank of America equity and quant strategist Savita Subramanian said in a note to clients on Thursday. Currently, four of the six signs are triggered, meaning are market bottom could be near.
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