You'd be hard-pressed to find an equity strategist at a major Wall Street firm who has called the end of the 8-year-old bull market. The bank has a sell-side indicator of stocks, based on its survey of Wall Street strategists' asset allocation recommendations on the last day of every month. As of June 30, the indicator is at its highest level since 2011.
One stock that might be an intriguing choice for investors right now is BlackBerry Limited BBRY. This is because this security in the Wireless Non-US space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective. This is arguably taking place in the Wireless Non-US space as it currently has a Zacks Industry Rank of 69 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.
Bitcoin had a blistering first half of 2017. Last week, Jeffrey Kleintop, the chief global investment strategist at Charles Schwab, suggested bitcoin was in a bubble unlike any we had ever seen before. Kleintop's warning came just a few weeks after tech billionaire Mark Cuban tweeted: "I think it's in a bubble.