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      Bank of America Stock Sentiment Approaches Sell Signal

      Bank of America's Sell Side Indicator increased to 57.2% in September 2026, marking its highest level since March 2022. This figure is just 0.3 percentage points shy of the threshold that typically signals a 'sell' recommendation. The Sell Side Indicator serves as a contrarian measure, reflecting the equity allocation recommendations made by Wall Street strategists.

      Historically, when the indicator enters the 'sell' zone, the S&P 500 index has yielded an average return of only about 3% over the subsequent 12 months. In a related trend, fund managers have reported their bond allocations at the lowest levels since early 2022, indicating a shift in investment strategies amid changing market conditions.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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