S&P 500 Hits Records but BofA Warns Trend-Follower Buying Is Fading
Bank of America strategists warn that even as the S&P 500 punches to fresh records, systematic CTA buying that helped fuel the rally is losing momentum. The bank said the diminishing flow leaves equities more vulnerable to a near-term pullback.
Investing.com Americas2 h agoSPY EWZ EWW