Bank Of America Calls The Top Of The Stock MarketRupert Hargreaves
Stock market crash ahead?
The “Icarus Trade” is still in play according to Bank of America Merrill Lynch’s Chief Investment Strategist Michael Hartnett.
Named after the infamous son of craftsman Daedalus in Greek mythology, Hartnett’s Icarus Trade is an attempt to call the top of the recent market rally.
Hartnett and team believe the market will continue to rally until it reaches the “Icarus Trade” targets of 2,500 for the S&P 500, 3 . . .
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