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This BoFA Analyst Thinks SPX Can Hit 5,000 in 2024
/ Stocks

This BoFA Analyst Thinks SPX Can Hit 5,000 in 2024

Bank of America's Savita Subramanian projected the SPX to peak at 5,000 in 2024, marking one of the most upbeat forecasts.

November 22, 2023
After November’s Rally, SPX is Only 2% Below its 2023 Intraday High

After November’s Rally, SPX is Only 2% Below its 2023 Intraday High

SPX is well-positioned to continue its November rally and reclaim its 2023 heights amid improving macro circumstances.

November 20, 2023
70% of the Stock Market Gains this Year Come from the Magnificent Seven

70% of the Stock Market Gains this Year Come from the Magnificent Seven

In the wake of a recent earnings-driven shares rebound, the Magnificent Seven companies now account for almost 70% of S&P 500's gains this year.

November 06, 2023
VIX at 7-Month High as $2.5 Trillion in Options Set to Expire Friday

VIX at 7-Month High as $2.5 Trillion in Options Set to Expire Friday

The stock market's volatility gauge jumped to a 7-month high on Thursday as investors brace for a significant options expiration day.

October 20, 2023
Dwindling Equity Risk Premium Can Lead to a Severe Stock Pullback

Dwindling Equity Risk Premium Can Lead to a Severe Stock Pullback

Soaring bond yields have pushed the equity risk premium to the lowest level since 2002, signalling a potential equities sell-off.

October 10, 2023