S & P 500 Rally Win to Sign Sign: Bofa star-news.press/wp

While global stocks are likely to continue despite fears related to the new tariff, Michael Hartnett has warned Bank of America that the moves exceeding 6300 to buy S&P 500 could lead to a “sale signal”.

Strategists Bank of America He said In a research report stating that investors have allocated large money in cash and bonds in recent days, even with the rise in stocks to record highlands.

Dow Jones Industrial Malce and Nasdaq risen to the top, as markets welcomed the tensions in the Middle East and the positive feeling driven by the overall economy winds.

The risks of the new trade war

The S& P 500 had the amazing few weeks, as the prominent stocks rose in May, when the measurement index witnessed to reach new standard levels, as it was closed at 6,279.35 on Thursday. The main US indicators applied for the best salary data expected before the markets were closed to spend the Independence Day holiday on July 4.

Although the bullish momentum may continue next week, analysts warn that the continuous assembly can put the S&P 500 on the edge of the signal signal.

This outlook coincides with renewable concerns about commercial policy, as President Donald Trump’s recent drawings have re -drawn up the risks of the trade war to focus. With the tariff for 90 days It is about to endSome investors adopt a more cautious position.

Hartnett suggests that if the current optimism carries and exceeds the S&P 500 sign 6300 in the coming weeks, the sale period may be imminent.

In addition to the extended gathering, Bofa strategic experts say that the risk of bubbles grows, especially after Congress agreed to a “beautiful, beautiful draft law” – a political bill and a tax with a bouquet of $ 3.4 trillion.

S & P 500 near the scenario of “bubble or explosion”

According to Bank of America researchers, the market is approaching a critical turn they describe as a “bubble or bound statue”. In their evaluation, the probability of mobilizing the S&P 500 to 7000 this summer exceeds the possibility of a sharp drop to 5000.

“The excessive markets in the peak can remain in its arrest because the greed is difficult to overcome from fear,” Hartnett wrote.

The bank also stated that investors have transferred more than $ 56 billion in money market funds last week, while bonds attracted more than $ 20 billion in weekly flows until July 2.

The shares recorded net flows of $ 2.2 billion, with gold attracted $ 1.4 billion and cryptocurrencies that attract more than one billion dollars. The increase in investment funds in digital assets came at a time when Bitcoin (BTC) increased for a short period above $ 110,000 before declining down the main psychological level.