Savita Subramanian

The SPDR S&P 500 ETF Trust (NYSE: SPY) is now up 4.4% in the two days since Election Day, but Bank of America analyst Savita Subramanian says that corporate profits, not politics, are key to where the S&P 500 heads in the long-term. “The corporate profits cycle has played a much...

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...

On Wednesday, Bank of America raised its 2020 S&P 500 EPS estimate and made its first projections for 2021. Analyst Savita Subramanian is projecting a significant rebound in S&P 500 earnings, but said investors shouldn’t expect the economy to fully recover its profits until at least...

The SPDR S&P 500 ETF Trust (NYSE: SPY) has rallied more than 30% off its March lows. But at 2,930, the S&P 500 is still well short of its all-time high of 3,393 back in February. The next several weeks will be critical for the market in determining whether the recent market strength is a...

Despite another abysmal weekly jobs report, the SPDR S&P 5000 ETF Trust (NYSE: SPY) is now up 13.5% overall in the month of April. The good news for investors is that the April rally has restored confidence in the market in the near-term. Unfortunately, Bank of America analyst Savita...

The COVID-19 pandemic has stalled the longest-ever bull market, and the plunge from the market peak into the bear territory occurred in a record 21 days.   As the market teeters on the brink, an analyst at BofA Securities outlined what an investor can do at this juncture. Panic...

Economic slowdown concerns and the ramping U.S. trade war with China once again has the Dow down more than 300 points on Tuesday. Despite the market jitters, Bank of America analyst Savita Subramanian said investors should stick to stocks over bonds despite forecasting essentially flat stock...

The S&P 500 is down 3.3% in the past two weeks on trade war fears and concerns of a global economic slowdown. The Analyst Despite the volatility, Bank of America Merrill Lynch analyst Savita Subramanian reiterated a year-end price target for the S&P 500 of 2,900. The analyst said the...

The S&P 500 is roughly half way through first-quarter earnings season, and the results haven’t been as bad as some investors feared. However, analyst earnings estimates for the rest of the year have still been coming down across the board in every market sector except for the Utilities...

U.S. stocks took a beating Tuesday after the yield on five-year Treasury notes dipped below the yield on three-year and two-year Treasury notes for the first time since 2007. Bank stocks were hit particularly hard, as fears that an inverted yield curve could be signalling a U.S. recession and a...

Third-quarter earnings season is officially underway, with JPMorgan Chase & Co. (NYSE: JPM) and Citigroup Inc (NYSE: C) issuing their reports Thursday, and Wall Street analysts are discussing what investors should expect. Earnings And Revenue Beats Investors should expect S&P 500...

Bank of America Merrill Lynch Equity & Quant Strategist Savita Subramanian looked at what to expect going into next week’s earnings season kickoff. Savita believes soft data points to a modest earnings beat in the second quarter. Subramanian noted that analysts have not cut estimates as...

Wednesday is August's final trading day, and the markets will be closed the following Monday in observation of Labor Day. When trading activity resumes on Tuesday, it will mark the start of a very busy month ahead. September's key events include the first U.S. presidential debate, a Federal Reserve...