Investors pour into equities to 'chase the bull', says BofA

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Go back to Investors pour into equities to 'chase the bull', says BofA

US stocks experiencing strongest momentum since October '22, says BofA's Hartnett

June 16, 2023 8:15 AM EDT

BofA analyst Michael Hartnett told investors in his flow show note Friday that US stocks momentum is at its strongest since October 2022.

The analyst revealed that individual investor sentiment is at 19-month highs, "melting up with frothy stocks as investors chase the bull."

"We have missed... More