Equity Rallies Are Corrective, Downside Risks Remain, BofAML Says
April 16, 2014 at 04:34 AM EDT
As the second algo-crazy spike in stocks in 2 days draws to a close, it is perhaps worth considering BofAML's Macneil Curry's perspective on the S&P 500 - despite the potential for further near-term strength, equity gains are corrective and downside risk remain...