Despite its “Sell Side Indicator” having risen to 55.8% from 54.9% in June, the S&P 500 index is expected gain over the next 12 months, explained the analysts at Bank of America (BofA) Global Research in their latest client note. Key quotes “The reading implies an 11% return for the S&P 500 over the next 12 months.” “This indicator is the most bullish of our five target models and continues to indicate that sentiment on stocks is still tepid, far from the euphoria one sees at the end of bull markets.” “The dividend yield of the S&P 500 is now at a multi-decade record multiple of bond yields, and whereas the sustainability of dividends has come into question amid the recession, we think a significant proportion of the S&P 500 offers sustainable dividend yields.” Related content S&P 500 Futures Price Analysis: Trendline hurdle breached ahead of US Payrolls S&P 500: Three bullish factors to watch out – JP Morgan FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Dutch PM Rutte: EU recovery fund to take time but a deal is possible FX Street 3 years Despite its "Sell Side Indicator" having risen to 55.8% from 54.9% in June, the S&P 500 index is expected gain over the next 12 months, explained the analysts at Bank of America (BofA) Global Research in their latest client note. Key quotes “The reading implies an 11% return for the S&P 500 over the next 12 months.” "This indicator is the most bullish of our five target models and continues to indicate that sentiment on stocks is still tepid, far from the euphoria one sees at the end of bull markets." "The dividend yield of the S&P 500 is now… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
