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Early April could be a bullish opportunity for the stock market, says Bank of America

Key Points
  • April is typically a good time for stocks, but the first 10 days could be especially bullish.
  • Bank of America technical research strategist Stephen Suttmeier says late March into April is a bullish seasonal opportunity, based on historic trading patterns.
  • The S&P 500 is poised to move higher and the next resistance area could be 4,065 to 4,080, Suttmeier said.
A man walks past the charging bull statue near the New York Stock Exchange.
Mandel Ngan | AFP | Getty Images

Early April could be a good time for the stock market, if historical patterns hold.

Bank of America technical research strategist Stephen Suttmeier writes that the period form late March into April is a bullish seasonal opportunity in the stock market, and the month of April itself has been positive for stocks.