Shhh…shut up. The stock market is trying to tell us something. The message begins with the chipmaker sector, which saw an electrifying surge of more than 100% in 2026 before hitting a wall in recent weeks. That selloff coincided with a rally in hyperscalers, which have forged a kind of market rivalry with chipmakers. But
Bank of America’s Bull & Bear indicator just issued its biggest “sell” signal since at least 2021. “Extreme bullish positioning says risk exposure is reduced,” Michael Hartnett, the bank’s chief investment strategist, said in a note on Friday. The indicator takes into account the positioning of hedge funds, stock and bond flows, stock index breadth,
The stock market’s performance in the second quarter was historic on many levels. Major US indices posted their best returns since 2020. Semiconductors had their best quarter ever. But beneath the surface of the seemingly robust AI trade lurks a worrying divergence, a divergence that still has Wall Street strategists on edge. As chipmakers have
A subtle contrarian sell signal has reared its head in markets, Bank of America says. Loading audio narration… Global investors have significantly dropped their cash holdings, according to Bank of America, an under-the-radar sell signal that hints that investor sentiment is overly bullish and poised to turn. Fund managers surveyed by BofA in May dropped