Banco da América: Espaço limitado para a subida a curto prazo do índice S&P 500

A Golden Finance report stated that the stock market Reversão indicator of Bank of America Ascensão last month, reflecting the high sentiment on Wall Street. Given that the indicator is still in the 'neutral' zone rather than the 'buy' or 'sell' threshold, this means that the extreme pessimism towards the stock market last year no longer provides momentum for growth. Savita Subramanian and others stated in a report sent to clients that in July, the so-called sell-side indicator (SSI) increased by 30 basis points to 55.6%. The indicator tracks the average recommended level of allocation to US stocks by strategists for balanced funds. The bank's director of US stocks and quantitative strategies wrote that this indicator is at its highest level since early 2022, but still below the average level, 'indicating that optimism has not reached a dangerous level.' Subramanian stated that there is limited upside potential for the S&P 500 index in the short term, but there are still opportunities within the index to achieve good returns.