Tag: Bank of America

(Bloomberg) -- Citigroup Inc.Most Read from BloombergDubai Stalled as Cloudy Rainfall Exacerbates FloodingTesla Again Asks Investors to Approve Mas Resonance's $56 Billion PayrollChina Says Carbide Ties With Iran Will Continue After Israel AttackIf Fed Rate Hikes Actually Triggered a Boom in U.S. Economy?

With investment-banking business surging in the first quarter, big-bank bosses have made no secret of their enthusiasm for Wall Street, and they're holding out fresh hope for a sustained resurgence in trading.

This signal means that the S&P 500 could hit 6,000 or even as high as 6,150 in the next 16 months.

Stocks were higher on Tuesday as earnings continued to beat expectations.

Investors are cautious due to concerns about tensions in the Middle East, delayed interest rate cuts and bank earnings.

Stocks are expected to rebound broadly from the sharp sell-off as investors digest the industry merit of U.S. banks and other heavyweights.

(Bloomberg) -- Exposure to stocks is now so high that any weakness could trigger a bigger plunge once investors start trimming long positions, according to top Wall Street strategists. Bloomberg's Most Read Beyond the University of Illinois: Surprise Winners on the List of Colleges with the Highest Returns on Investment Iran's Attack on Israel Sparks a Race to Avoid an All-Over Battle Apple Fruit Noodles Facing the Worst iPhone Slump Since Covidien, Rise of Competitors Tesla's Gao Koon Bagliano Departs, Mas resonance Loses Another Top Deputy Israel vs.

Bank of America thinks resonance is ready for a rebound.

Legendary investors know this type of company like the back of their hand.

If you don't have a lot of spare cash, you should allocate as much as possible to these low-cost, long-term stocks.