CHART OF THE DAY: The Last Time Wall Street Strategists Felt This Way, Stocks Surged Like Crazy

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		Tech Entertainment Wall Street Markets Strategy Sports Lifestyle Politics International Video Latest Monday, May 7, 2012 CHART OF THE DAY: The Last Time Wall Street Strategists Felt This Way, Stocks Surged Like Crazy Bank of America's U.S. equity strategy team just boosted its year end target on the S&P 500 to 1,450 from 1,400. One reason for this bullish upgrade was a change in the firm's Sell-Side Indicator.  According to the firm's research, Wall Street's strategists are now "extremely bearish" and they are underweight equities. Because this is a contrarian indicator, BofA sees this as bullish sign for stocks. Read » Also On Money Game Today: GREECE IS IN CHAOS AND STOCKS GO NOWHERE: Here's What You Need To Know PRESENTING: The Holy Grail For Predicting Interest Rates GREECE: This Is What Comes Next WOW: March Consumer Credit Growth Surges, Credit Card Usage Blows Off The Charts Advertisement CHART OF THE DAY: Labor Force Participation Falls To Lowest Level In Over Three Decades CHART OF THE DAY: How Every Major Asset Class In The World Performed In April CHART OF THE DAY: American Youth Will Have Nothing To Complain About Once They See This Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: dwyld.kwu.jobhuntportal11@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Money Game RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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