February 01, 2013 at 08:10 AM EST
Morning Read: Fund Flows Strong, BofA Says ‘Sell’ Is Triggered
Market check: The blue-chip Dow turned in its strongest January since 1994, rising 5.77%. Is it time to slow down? Bank of America Merrill Lynch strategist Michael Hartnett and colleagues think that the risk to stocks is rising, telling clients yesterday that a “sell” signal has been triggered by the firm’s “global flow trading rule.” [...]
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