Bank of America: "Potential BUGs" may drag down US stocks next year, bullish on Chinese stocks!
①Bank of America's strategist stated that if the ratio of the Nasdaq 100 index/S&P 500 index falls below the high of 2000, it will prompt investors to exit the 'American exceptionalism' trades; ②Reports predict that the American financial conditions may tighten, traders will increase their allocation to the Asian and European international markets in the first quarter, and expect Chinese stocks to perform well in 2025.
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11/25 [Strong and Weak Materials]
[Bullish and Bearish Materials] Bullish materials: The Nikkei average is up (38,283.85, +257.68). The dow jones industrial average is up (44,296.51, +426.16). The Nasdaq composite index is up (19,003.65, +31.23). The Chicago Nikkei futures are up (38,595, +255). The VIX index is down (15.24, -1.63). US crude oil futures are up (71.24, +1.14). US long-term interest rates are down. Active share buybacks. The Tokyo Stock Exchange requests for corporate value enhancement. Bearish materials: 1 dollar.
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