Bank of America Corp. (BAC)

29.57
0.17 0.58
NYSE : Finance
Prev Close 29.40
Open 29.29
Day Low/High 29.28 / 29.61
52 Wk Low/High 22.66 / 31.91
Volume 29.66M
Avg Volume 45.74M
Exchange NYSE
Shares Outstanding 9.34B
Market Cap 275.42B
EPS 2.60
P/E Ratio 10.96
Div & Yield 0.60 (2.06%)

Latest News

U.S. Monetary Policy, Trading Lockheed, Netflix and United Rentals: Market Recon

U.S. Monetary Policy, Trading Lockheed, Netflix and United Rentals: Market Recon

Preventing the U.S. dollar from appreciating too aggressively while repairing credit conditions are 'job freaking one'.

Why Bank of America's Results Were In-Line

Before you take as gospel the business media talking heads who say Bank of America had a clear beat -- I would take a look at the lower effective tax rate in the quarter. The BAC results were basically in-line, adjusted for the aforementioned reduct...

Be Reactive to the Market in This Narrow Trading Range

Be Reactive to the Market in This Narrow Trading Range

Don't be rigid in your thesis, keep an eye on market action and respond as appropriate.

Back of Envelope Analysis of JP Morgan Second-Quarter Results

JPMorgan had a nice (headline) beat, but results were positively impacted by a non-recurring gain of nearly $0.25. Equities sales and trading, investment banking and net interest income (margins) were under consensus expectations. I don't own this n...

Deutsche Bank's Drag on Peers Could Unlock Investor Opportunities

Deutsche Bank's Drag on Peers Could Unlock Investor Opportunities

Deutsche Bank's blunders and restructuring, and a new chief at the European Central Bank, could be perfect combination for a bull case.

Heads Up for Summer Intrigue if You Own These Stocks

Heads Up for Summer Intrigue if You Own These Stocks

A pair of private-prison operators, a meal kit company and a fashion retailer all are facing unique struggles at present.

June Rotations and Why I Like Apple on Jony Ive's Departure: Market Recon

June Rotations and Why I Like Apple on Jony Ive's Departure: Market Recon

The risk is that the chief design officer's departure will cause technical issues in Apple's chart.

Wall Street is a Winner on Merger Monday

Reloading GS

Along with and ... Goldman Sachs hit my buy level over the last few days and I have been reloading in this name. The shares are +$6 today.

More Trades

* Some fine tuning! * is now +$4 from a week ago (and +$1.40 on the day). I will now move from very large to medium sized. * I added more at $162/share just now. * I sold half of my for a small gain and will be out at day's end (as I hate these poor...

The Oracle of Omaha Is Off His Game

The Oracle of Omaha Is Off His Game

Be careful backing Buffett right now, his biggest holdings show increasing profit pressure.

Looking Long

Picking and/or bidding for following longs: , , and . As to the market, as expected, a feeble rally. Perhaps, as stated earlier, the reallocation's impact out of stocks and into bonds favors strength tomorrow afternoon - the last day of trading in M...

New Buy (and Short) Levels

* I don't want there to be any ambiguity about the size of my positions or about my buy and short levels as I strive for as much transparency as possible "When the time comes to buy, you won't want to." - Walter Deemer I promised to update my "Level...

Checking in on Bank of America and Seeing a Bullish Setup in Planet Fitness

Checking in on Bank of America and Seeing a Bullish Setup in Planet Fitness

The fitness name is displaying a pattern of higher highs and lows and favorable symmetry projections.

Bidding on BAC, C

As I mentioned yesterday, I plan to personally (pension plan) buy banks on this move lower. I am bidding Under the market for and now.

More BAC, C

Besides my additional Index shorts, I have purchased some more  and this morning.

Bank of America Chart Reaches 'Make or Break' Decision Point

Bank of America Chart Reaches 'Make or Break' Decision Point

If the bank's price holds above a key support level it will be time to be bullish; if not, the trade setup will be a bust.

Key Takeaways

Another day of "newsy" action as it pertains to how the trade negotiations are going. Today it was Sarah Sanders saying, in very vague terms, that negotiations are advancing in the sense that the Chinese are willing to proceed with the talks. As suc...

My Book

My long book is down to small positions in , , and . Mediums sized in . And large positions in (actually very large as I have been adding), , , , , L and . My short book includes small to medium sized positions in , , , , and large positions in and ...

There Are 2 Reasons Why I'd Buy Berkshire Hathaway Stock

There Are 2 Reasons Why I'd Buy Berkshire Hathaway Stock

Buffett and Munger have some questions to answer, some situations to ponder, and probably a more concerned public than in the past to deal with.

Is Elon Musk Mortgaging Tesla Shares Against a Potential Margin Call?

Is Elon Musk Mortgaging Tesla Shares Against a Potential Margin Call?

Short-sellers are pointing to a big risk for Tesla investors and an opportunity for traders.

3 Household Names Worth Nibbles as Long Plays Based on Their Charts

3 Household Names Worth Nibbles as Long Plays Based on Their Charts

The trio consists of a beverage giant, a restaurant chain and a money-center bank.

Fibocall: Early Tuesday Texts

Buckingham's Bets: Value Expert's Bank Stock Bargains

Buckingham's Bets: Value Expert's Bank Stock Bargains

Here are six financial services stocks that could make good buys for bargain-hunting investors.

Key Takeaways

With an hour to go, here are my key observations on the day: * Another smart rally off of the day's low (such a resilient market!) but not accompanied by a revival of breadth (which is now 1,175 advancers against 1,760 decliners). * Bonds rose by 1-...

There's Reason to Be Concerned About Valley National Bancorp Shares

There's Reason to Be Concerned About Valley National Bancorp Shares

Smaller banks such as Valley are staring down some headwinds.