A bullish signal for the stock market just flashed, indicating new 2023 highs are on the way

• The stock market is poised to hit new 2023 highs by the end of the year, according to Bank of America.
• The bank said a leading bond market indicator just flashed a bullish signal for the stock market.
• "Constructive credit markets entering September support the case for the bullish seasonality scenarios," BofA said.

The bond market just flashed a signal that suggests the stock market will hit a new 2023 high by the end of the year, according to a Tuesday note from Bank of America.