Bank of America Corp (BAC)

33.86
NYSE
Prev Close 34.45
Day Low/High 32.96 / 34.98
52 Wk Low/High 34.25 / 50.11
Exchange NYSE
Shares Outstanding 8056.88B
Market Cap 277.56B
P/E Ratio 16.87
Div & Yield N.A. (N.A)

Covering BAC

I covered my short for a small profit.

Is it Time to Believe in a Value Rotation?

Is it Time to Believe in a Value Rotation?

Questions about the staying power of the present market turn are crucial for portfolio positioning.

Shorting BAC

I am back shorting at $46.23 - I remain long .  My thesis is here.

The Stealth Bear Market Expands

The Stealth Bear Market Expands

Regardless how the Fed tea leaves fall today, the recent spike in volatility is likely to be with us for a while.

New Adds

Wells Fargo , Citigroup and Bank of America are all green. Adding to , , and .

BAC, WFC

I just covered my and shorts.

BAC Declines

Bank of America now down on the day.

Shorting Wells Fargo and Bank of America

I previously put on a profitable pairs trade long and short .  At the time, JPM was "everyone's" favorite financial.  I remain long C.  I am now shorting "everyone's" current favorite financials - ($46.88) and ($56.08) against C.  Here is my recent ...

Big Bang Theory, Economic Activity, Bond Yields, Markets, ARK, Oil Stocks

Big Bang Theory, Economic Activity, Bond Yields, Markets, ARK, Oil Stocks

Plus, Ford and Rivian, and SoFi Technologies' national bank charter.

We're Taking a Technical Look at Dell Technologies

We're Taking a Technical Look at Dell Technologies

Traders who are long should continue to hold those positions, but here's where to risk to.

The Big Picture, Tech Stocks, Fed Moves, Conflicting Jobs Data, Week Ahead

The Big Picture, Tech Stocks, Fed Moves, Conflicting Jobs Data, Week Ahead

Friday brings about data for December retail sales and industrial production, and the start of the fourth quarter earnings season as big banks start to report.

Jobs Report, Fed Psychology, Bullard's Grenade, Notes of Note, Fresh Fresca

Jobs Report, Fed Psychology, Bullard's Grenade, Notes of Note, Fresh Fresca

Plus, a look at rising mortgage rates and why SoFi Technologies is a stock for which I continue to hold out hope.

Where to Invest Now? I'm Focused on 4 Core 'Baskets' of Stocks

Where to Invest Now? I'm Focused on 4 Core 'Baskets' of Stocks

There are other areas to trade as well, but know what you are trying to accomplish.

Citigroup: Too Cheap to Ignore?

* Market participants appear to be waiting until Citigroup's divestiture program from a number of foreign markets is fully completed * Redeploying those assets into buybacks, with the shares at a large discount to book value, makes a lot of financia...

A Subtle Turn, My Monday Trades, Dominant Omicron, Biden, Not Easy Being Green

A Subtle Turn, My Monday Trades, Dominant Omicron, Biden, Not Easy Being Green

The semis survived a series of individual tests on Monday, which might be worthy of finding a spot in the back of that mind of yours.

Economic Purgatory and the Rising Odds of Slugflation (Sluggish Growth, Sustained Inflation)

* It is still time to be cautious as it grows more likely that an important market top has been sketched * But, after the reasonably sharp and steady fall of the average stock (non "Nifty Seven") over the last several months - opportunities are like...

Bank of America Position

I am establishing a long position ($42.90) in premarket trading.

Sleepless in East Hampton

* Ms Market is bigger than all of us * Market narratives are shifting daily, depending on the market's performance that day * Speed of price movement in all asset classes are nearly unprecedented in a regime of heightened volatility * Everyone seems...

BAC, SPY, CMCSA

I covered my short for a push. And I just added to my Nov $434 call short at $13.14. I also added small to my long.

Here's Why I'm Long Wells Fargo and Bank of America

Here's Why I'm Long Wells Fargo and Bank of America

Still, my favorite financial name at the moment is SoFi Technology as I believe that they have all of these banks in their sights.

Several Moves

Banks rolling over after beats. Brokers initial gap turns into losses. FAANG gains moderating. Getting more serious on short side. Shorted at $44.17 against my and longs.

Treasury Sweet Spot, Inflation, Fed Minutes, Taiwan Semi, Trading UPS and FedEx

Treasury Sweet Spot, Inflation, Fed Minutes, Taiwan Semi, Trading UPS and FedEx

While supply-chain constraints are a global problem, consumer-level inflation is not yet as broad a problem, or at least not evenly distributed.

I Just Don't Love JP Morgan Stock Right Now

I Just Don't Love JP Morgan Stock Right Now

JPM reported the firm's third quarter financial performance and the unofficial start of earnings season is officially underway.

Technical Conditions Remain Difficult as Banks Kick Off Earnings Season

Technical Conditions Remain Difficult as Banks Kick Off Earnings Season

While rates are playing havoc with growth stocks, there is other rotational action going on.

Western Alliance Is Making an Upside Breakout

Western Alliance Is Making an Upside Breakout

Let's review the charts and indicators.

Bank of America's Charts Suggest Upside Lies Ahead

Bank of America's Charts Suggest Upside Lies Ahead

Here's what price I see as a buying opportunity.

Banks Have Vault-ed Ahead, but Should They Keep Investors' Interest?

Banks Have Vault-ed Ahead, but Should They Keep Investors' Interest?

Bank stocks have been big winners this year, but is there room left to run?

DC Fiscal Freak Show, China Trade, The Week Ahead, My Market Rules

DC Fiscal Freak Show, China Trade, The Week Ahead, My Market Rules

Having a debt ceiling is foolish, it only ever matters to the party currently out of power and never really does what it was intended to... curb federal spending.

D.C.'s Not Done Deals, Dissonant Volume, Price Pressures, Real Real Estate Pain

D.C.'s Not Done Deals, Dissonant Volume, Price Pressures, Real Real Estate Pain

Plus, a closer look at a tough Thursday for equities and a rundown on the stocks the author is accumulating.

Energy Woes Could Give Us a Stocking Full of Coal This Holiday

Energy Woes Could Give Us a Stocking Full of Coal This Holiday

Energy is now making its way into the list of worries for economic growth -- but a surge in crude can also be an opportunity for investors.