|Day Low/High||37,86 / 38,77|
|52 Wk Low/High||22,95 / 43,49|
Small-caps and mid-caps are still picking first downs on every play, storming back from a badly oversold condition that has just about normalized.
Housekeeping item. I just covered my bank of America short at $38.10 for a small profit.
I have received several emails about what individual stocks I am short. Some of my present shorts include Carvana Co. , Peloton Interactive, Inc. , Krispy Kreme, Inc. , Bank of America Corporation , several peripheral cryptocurrency and cannabis p...
Instead of fixating on stocks like the banks, look at what really matters: how darned rich this country is.
Here's how I'd trade the stock after the bank's latest earnings.
If you are not in the market for a vehicle right now, inflation is right where the pros thought it would be.
A very unimpressive EPS report (expenses too high, net interest income (margin) too low) from Bank of America . I took a trading short rental in the premarket. The report will likely dull the group's strength.
Shares of BLK have delivered strong gains with more likely ahead.
Plus, the chart of Tesla indicates it's time to be wary if you're in the stock at present.
Plus, quick looks at Tesla's car deliveries, Amazon's CEO change and Didi Global's post-IPO downdraft.
An attractive hike. A special dividend. Who will win?
After five days, the nastiness that is allocation through high-speed algorithmic selection (profit-taking) returned to the fold.
Let's see what makes an 'aisle' of stocks hot and what makes another messy -- and what I'd suggest you put in your cart.
Here's why the stock experienced a bit of a pop on Monday.
Last week was the first week in ages that I thought there was as much good inflation news as bad even as very few seemed to notice it.
Let's look at the companies that can go up, and the ones that can't.
Sure you can but any of these, but do not buy all of them because you will be betting against the business cycle.
During my lunchtime reading, I came across the following that certainly grabbed my attention over at Citywire: "Bank of America Merrill Lynch has warned that stock market sentiment is nearing 'euphoric' levels and says it is close to giving clients...
I would reemphasize that bank stocks are extended and one should consider reducing exposure in the sector. After yesterday's sizeable percentage losses, the major money center banks are only experiencing a small dead cat bounce. For example, was -...
* The decline in speculative stocks has been historic and broad-based - something I have been expecting for months * I remain bearish on the overall outlook for equities Yesterday's market was brutal and broad-based to the downside: * The specula...
Financial markets are telling us something, so it seems.
We have to care about this bidding war because there's a lot more woe-is-me going on about stocks right now than there should be.
Let's check the charts and indicators.
Let's check in again on BAC after its latest earnings.
I will have more on bank stock fundies early next week. But, for now, it is increasingly clear that the 2021 EPS estimates - not unexpectedly - will be higher than previously thought. However, with the exception of banks like and - who have contin...