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- The stock market just flashed a bullish signal that suggests more upside ahead, according to Bank of America.
- The S&P 500 and NYSE advance-decline lines hit new all-time highs on Friday.
- The bullish breadth signal supports the bull case for a 6% gain in the S&P 500 this summer.
The stock market in recent days has flashed a bullish signal that suggests the S&P 500 will hit record highs this summer, according to Bank of America.