Double indicators signal a red light! Bank of America strategist: It's time to sell stocks

Bank of America strategist Michael Hartnett pointed out that the inflow of funds into global stock markets and market breadth indicators are overheating, which may trigger a sell signal. Data shows that the net inflow of stocks and high-yield bonds over the past four weeks accounted for 0.9% of total assets under fund management, and if it breaks through 1%, consideration should be given to reducing positions. About 84% of national stock indices have broken through the 50-day and 200-day moving averages, indicating that the market has entered an overbought zone. Hartnett suggests focusing on international market opportunities outside of U.S. stocks, as the rebound of the S&P 500 lacks earnings support