Expect summer rally into 6500s before shallow correction in fall, says BofA's Paul Ciana
CNBC Televisionยท2025-07-11 20:23
Commodities and equity technical research. Good to see you, Paul. Good to be here.A lot on your plate. Yeah, exactly. Ficc is fine.S&P 500. We've obviously broken out. You've had like eight record highs this year.New highs I guess tend to be more of a positive sign than not. But where are we in terms of maybe this rally being exhausted or leading to more upside. >> Sure.Well, there's always an overbought market somewhere. And yes, the S&P 500 is getting a bit overbought. And we're seeing signs of tactical w ...