Wednesday, November 02, 2016

I Buy It, But The S&P Going To 2,300 Isn't A "Surge"

The bull market is not dead yet: BofAML sees S&P 500 surging to 2,300 points by 2017

The S&P 500 could be setting up to hit 2,300 by the middle of next year as stocks enter their strongest seasonal period, says Bank of America Merrill Lynch. Stephen Suttmeier, technical research analyst for Bank of America Merrill Lynch, says that investors should watch to see whether the S&P 500 dips below 2,100 over the…