Apr 25, 11:05 AM

Bank of America’s Michael Hartnett Advises Selling U.S. Stock Rallies and Dollar, Recommends Buying the Dip

Bank of America Corp. strategists, led by Michael Hartnett, have advised investors to sell into rallies in U.S. stocks and the dollar, citing a lack of conditions for sustained gains. Hartnett emphasized a cautious approach, recommending selling U.S. stock rallies while buying the dip in other assets. The strategists suggest that despite intermittent rallies, the current market environment does not support prolonged upward momentum in U.S. equities and the dollar.

#Michael Hartnett #Hartnett

Written with ChatGPT (GPT-4).

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CNBC@CNBC
10 months ago
Sell U.S. stock rallies and buy the dip on everything else, BofA's Hartnett says https://t.co/EKVnBBzxYi
Markets Today@marketsday
10 months ago
Bank of America Corp. strategists, led by Michael Hartnett, have advised investors to sell into rallies in US stocks and the dollar, warning that the necessary conditions for sustained gains are currently absent
Menthor Q@MenthorQpro
10 months ago
Poll: BofA says the setup for sustained gains isn't there yet. Do you agree with the cautious stance?

Bank of America’s Michael Hartnett Advises Selling U.S. Stock Rallies and Dollar, Recommends Buying the Dip

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