https://m.benzinga.com/article/17371269?utm_referrer=https://www.google.com/&utm_source=https://www.google.com/The S&P 500 and the SPDR S&P 500 ETF Trust (NYSE: SPY) have been on a tear since the stock market bottomed back in March. BofA Securities analyst Savita Subramanian said Thursday that investors should be prepared for the S&P 500 to give back some of those gains as it enters what could be a volatile final four months of 2020.
BofA's Year-End Projection: BofA has set a year-end S&P 500 target of 3,250, suggesting roughly 8.2% downside from current levels.
I remembered reading articles like this late 2009, 60% of them are wrong..
Anyone buying more if continues this level or lowered?