| Prev Close | 38.74 |
| Day Low/High | 38.91 / 39.42 |
| 52 Wk Low/High | 20.10 / 40.38 |
Bank of America Corp (BAC)
39.15
NYSE
| Exchange | NYSE |
| Shares Outstanding | 8589.73B |
| Market Cap | 332.77B |
| P/E Ratio | 16.87 |
| Div & Yield | N.A. (N.A) |
Latest News
The Reflex Game, Re-Rotation, Big Bank Bonanza, Oil Demand, Johnson & Johnson
How Interesting. On Wednesday, market participants rotated out of the un-rotation that had been in vogue for most of April.
Is the Uptick in Inflation Just a Blip?
If investors start to factor in higher inflation, we could be looking at a big increase in volatility in the months ahead.
Deceptive Monday, Archegos Fallout, 'Impending Doom,' Trading Kratos Defense
The main story unfolded along with the passing hours on Monday, and continues. The ending of this tale perhaps remains far from untold.
As Financial Stocks Get Hit With the Archegos Debacle, Here Are the Ones I'd Buy
Everyone knows the basics. Last week, the trading operation run by Bill Hwang known as Archegos Capital Management blew up.
Banks Have a Bullish Breeze at Their Back
These low-risk, high-reward calls could easily double.
Suez Salvation Plan, Stimulate U.S. Shipbuilding, Berkshire's Helping Hand
Plus, Federal Reserve Vice Chairman Richard Clarida talks about inflation, though his description doesn't sound "transitory."
We Need a Strong Financial System to Avoid Another Crash Like the One in 1929
While I believe today's bond market selloff might be a little premature, I believe it is directionally correct.
When Equities Trade Like Commodities
* Many might consider backing off a bit from the game - by reducing your portfolio's 'VAR' * The pivot from growth to value may have hit a short term peak in intensity yesterday * If correct, there may be developing value plays in growth - I like Am...
Bitcoin Stampede, Buying Gold and Silver, Buffett's Stock Moves, Palantir
The acceptance by corporate America and the rest of corporate earth certainly makes knocking bitcoin off of its pedestal more difficult.
Buffett and Berkshire Get Busy
* Verizon and Chevron purchased, banks and gold sold * None of these portfolio moves surprised me - but some might surprise the markets Warren Buffett pulled down his cash position a bit and got more busy in the latest reporting period. Notably: ...
TikTok Competitor Kuaishou Sees Shares Triple in Debut
With its listing in Hong Kong, Kuaishou Technology has beaten short-video competitor ByteDance to the punch in selling shares to a demanding public
Chinese Conglomerate HNA Group Slumps Into Bankruptcy
The parent of Hainan Airlines is looking to restructure its debts and shed non-core subsidiaries after coming under government control.
Kass: In the Age of Robinhood, Here's My Trading Strategy
Many have been incorrectly dismissive of the broader investment ramifications of the recent and wanton speculation in gewgaws of all shapes.
My Strategy in the Age of Robinhood
* Many have been (incorrectly) dismissive of the broader investment ramifications of the recent and wanton speculation in gewgaws of all shapes * I have been shorting rips and buying dips in a heightened regime of volatility * Color me bearish * I s...
A Summary of This Afternoon's Trading
"Just one more thing." - Lt. Columbo I have my hands full with quite a lot of business projects I am working on (including a new hedge fund). I was actively trading -- before and after leaving my office this afternoon -- and I want to alert you ...
Jim Cramer: I Pick the Bulls
My trading strategy? Figure out who is the favorite and calculate the 'line.' Here's how that works out today.
Netflix Charts Have Weakened Over the Past 6 Months
The Point and Figure chart is projecting a move lower.
The Easy Money Has Been Made in Banks
* The setup into the current reporting period is poor * With bank stocks elevated, in-line to slightly lower reports, relative to consensus expectations, could modestly disappoint traders and investors - particularly if my market concerns pan out * ...
My Message Is Simple: Sell Stocks Now
* I find a record low number of stocks that meet my standards for purchase today * Book mark this missive! * Stated simply... "You're betraying your whole life if you don't say what you think - and you don't say it honestly and bluntly." - Charles...
With Changes Coming to Washington, Here Are 2 Actionable Ideas
I would like to add a bank - BAC - and have always liked United Rentals.
Small Sales
I am making small sales in , , and now as the magnitude of the spike higher this morning seems a bit extreme. The banks are as close to "forever" holdings for me and I am planning to keep them medium-sized - albeit less than I started the day with!...
Markets React to Georgia Elections, Banks and Industrials to Gain, Oil Reduced
I will have to give some of my favorite tech names a haircut in the name of balance. Hopefully everyone gained some exposure to gold.
From the Street of Dreams (Parts 1 and 2)
Exane BNP Paribas downgrades Tesla to underperform and lowers its price target to $340. " Tesla no longer has the benefit of operating in a "vacuum of competition... With possible competition from Waymo, Didi, Baidu and even Apple , "we would not w...
Out of XLF!
I have eliminated my long (bank/financial ETF) today in keeping with what I wrote 12 days ago: Dec 18, 2020 ' 06:09 PM EST DOUG KASS Taking Off Some From Bank Holdings in the After Hours * The share repurchase news may mark a near-term top in the b...
Kass: Here Are My 15 Surprises for 2021
2021 could be a year in which the S&P Index shows little movement in the first half, but market pressures might mount over the last six months.
My 15 Surprises for 2021
* In 2020 (despite broad February-March weakness) equities rose faster, valuations expanded far greater, and interest rates fell sharper than the consensus expected * 2021 could be a year in which the S&P Index shows little movement in the first hal...
Why Now, Doug?
"Ch-ch-changes Ooh, look out, you rock 'n' rollers Ch-ch-ch-ch-changes Turn and face the strange Ch-ch-changes Pretty soon now you're gonna get older Time may change me But I can't trace time I said that time may change me But I can't trace time" - ...
Is Bank of America Finally Ready to Break Out?
We have just the recipe for the banks to continue their upside move.
