The Gilmo Report

July 20, 2022

July 20, 2022 6:57 pm ET

The preponderant bearish sentiment and positioning that has been entrenched in this market over the past few weeks simply needed a good PR agency to get things rolling on the upside. This was accomplished when Bank of America (BAC) came out with a report Tuesday detailing the bearish positioning of institutions and the highest cash levels since 2001.

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