Bank of America Corp (BAC)

34.80
1.20 3.30
NYSE
Prev Close 35.99
Open 35.62
Day Low/High 34.60 / 35.69
52 Wk Low/High 34.26 / 50.11
Volume 46.75M
Exchange NYSE
Shares Outstanding 8056.88B
Market Cap 280.46B
P/E Ratio 16.87
Div & Yield N.A. (N.A)

Latest News

BAC, F Purchases

My two largest dollar purchases today were and .

13 Buys

I just made the following buys: , , , , , , , , , , , and .

Trade of the Week (Buy Banks)

* I am aggressively so...  I am growing more positive on the outlook for selected equities and much more optimistic on bank stocks.  I wanted to get this out now - as my investment thesis will be delivered early tomorrow morning.  In essence, there ...

3 Key Fed Takeaways, the Rally, Deciphering Price Discovery, Less Than Convinced

3 Key Fed Takeaways, the Rally, Deciphering Price Discovery, Less Than Convinced

Has the FOMC heeded Market Recon's advice? Probably not.

More Night Moves: A Quick Look at Overnight Futures

* The market (and money) never sleeps -- and neither do I, it appears! * It was an uncharacteristically narrow futures session, with stock futures edging higher overnight "Workin' on our night moves Trying to lose the awkward teenage blues Workin' o...

Trades of the Week

Trades of the Week, and are up +$1.50 and +$7.00, respectively, today.  Booyah!

Apple Still Appears a Low-Hanging Fruit for Hungry Investors

Apple Still Appears a Low-Hanging Fruit for Hungry Investors

Let's see how market softness and shorter-term headwinds can create a buying opportunity for AAPL.

7 Adds

I have added to , , , , , , .

The 'World's Fair'

Banks and brokerages are the "world's fair" thus far. and are my Trades of he Week!

More Night Moves: A Quick Look at Overnight Futures

* The market (and money) never sleeps -- and neither do I, it appears! * Stock futures edged higher overnight (but didn't hold the gains) and are now (4:45 a.m.) flattish after a tumultuous Monday morning session that, like the caterpillar turning i...

Trades of the Week: Buy Banks and Brokerages ( BAC $35.68 and GS $305.49)

Until recently I have been bearish on banks.  With the lower stock prices I have grown more bullish.  I am making and as my Trades of the Week based on the move of BKX back to long term support: View Chart » View in New Window »

General Motors Was a Bumpy Ride but Could Start to 'Cruise'

General Motors Was a Bumpy Ride but Could Start to 'Cruise'

GM, my top pick for 2022, just reported a solid quarter. Here's why I'm sticking with this one.

More Night Moves: A Quick Look at Overnight Futures

* The market (and money) never sleeps -- and neither do I, it appears! * Yesterday was a good day to apply Buffett's dictum -- be greedy when others are fearful * Bulls rejoiced over the last 12 hours as futures were materially higher throughout the...

Bank Buys

Buying , , , , and on weakness - on the opening.

More Night Moves: A Quick Look at Overnight Futures

* The market (and money) never sleeps - and neither do I, it appears! * Futures were modestly lower overnight with little news to influence them... "Workin' on our night moves Trying to lose the awkward teenage blues Workin' on our night moves In th...

Buying More of These 6 Stocks

In keeping with my opener, I am buying more , , , , and .

When the Time Comes to Buy, You Won't Want To

* I am neither a Perma Bull nor Perma Bear - I am a value investor who has at my core the marriage of a contrarian and a calculator * I am now less bearish as the markets, and falling share prices, have begun to discount my concerns * Selectively bu...

Adding Aggressively

I am adding more aggressively to , , and now.

More Night Moves: A Quick Look at Overnight Futures

* The market (and money) never sleeps * Steady move modestly higher last night for futures -- but futures have declined in the last thirty minutes "Workin' on our night moves Trying to lose the awkward teenage blues Workin' on our night moves In the...

Bank Stocks Turn

After an extended period of daily losses, bank stocks have turned (decisively?) today.  I suspect there is finally a trading opportunity on the long side in this underperforming sector.  I have purchased , , and today!  Perhaps more importantly, wit...

Bank of America's Charts Remain Bearish, Despite Earnings Beat

Bank of America's Charts Remain Bearish, Despite Earnings Beat

Let's take a closer look.

Bank of America's Results Are Better Than Expected: Here's My Plan

Bank of America's Results Are Better Than Expected: Here's My Plan

BAC does more domestic business than some of its competitors and that's a positive in 2022.

BAC Reports

A summary of Bank of America's conference call:  * Digital sales now twice the level from pre pandemic. * Expects better NII with interest rate hikes to come -- echoes media call comments of robust NII growth growing sequentially throughout the year...

Premarket Movers

Upside - +40% (Verizon takes 9.9% stake for $40M, awards Casa multi-year contract) - +28% (to be acquired by ArchiMed Group for $33.50/shr in $1.2B all-cash deal) - +6.9% (to commercialize COVAXIN in Mexico, rights now encompassing all of North Amer...

Fed, Interest Rates, Earnings, Markets, China's Economy, Domestic Economics

Fed, Interest Rates, Earnings, Markets, China's Economy, Domestic Economics

Place a percentage on the likelihood of recession? It sounds more like someone trying harder to not get it wrong than trying to get it right.

What Mixed Results From Major Banks Mean for Investors

What Mixed Results From Major Banks Mean for Investors

Let's analyze the results and comments from Goldman, Citi, Wells, JPMorgan and Morgan Stanley.

Doug Kass: How Did Bank Stock Investors Get So Clueless?

Doug Kass: How Did Bank Stock Investors Get So Clueless?

Banks stocks are still a 'full-on Monet.'

The Market Is Flipping Elon Musk the Bird

The Market Is Flipping Elon Musk the Bird

Also, play the companies that benefit from inflation, not Cathie's clowns, which are hurt by it.