Bank of America Corp (BAC)

39.84
+0.17(+0.42%)
  • Volume:
    0
  • Bid/Ask:
    0.00/0.00
  • Day's Range:
    39.63 - 39.97
  • Type:Equity
  • Market:Germany
  • ISIN:US0605051046
  • WKN:858388

BAC Comments

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All Comments

(1039)
  • Thanks a lot
    0
    • Jay West what will happen onMonday?
      1
      • Hamid... that's comical asking some kid in a forum what's going to happen on Monday in the stock market... it's no wonder that 80% of the people in the stock market lose all their money
        0
      • Hamid: calling last weeks selloff to 37 in BAC was easy considering the context. Hedge funds often overplay news to push prices down or up temporarily. That great call was based on the SLR imposed by the Fed on banks. Previous good calls I made about when to short at the open were based on overhyped bond yield trends. So, to be fair, I have made good calls, but to call the Monday market action on a friday night is merely luck. So many dynamic variables that are changing over the weekend. One must follow precious metals, crude oil, dollar value, bond yields, and news of course to have any idea of the direction of the market or specific tickers. I put in a lot of time to my portfolio. I am not a coin flipper. With all that said, the narrative in the market now is bond yields(including SLR forcing banks to buy), corporate tax hikes in the pipeline, new infrastructure bill, lockdowns in EU ( specifically Germany). The curve ball was the last 15 minute pump in the S&P on friday.
        3
      • One could argue the pump seems to show a blo/woff top. Others may see it as a way to eat up the bear positions from those shorting the indices. Everyone knows the market is heavily manipulated. It is a matter of being on the right side more than the wrong side. Short term weekly or daily price movements are much harder to call than the longer term. Fact of the matter is, the stock market goes up over time. As long as this stays intact, everyone should be fine. Traders often overtrade and lose money. Timing market is extremely hard. Better to create spreads as I mentioned below to take advantage of bullish trends and give yourself a downside hedge. Trying to daytrade will lose 90% of the time. Most people better of buying an S&P index fund(SWPPX) with majority of portfolio and holding forever, and playing with options on a very small level to learn their dynamics before jumping in too soon. Options can make or break you quickly. Any questions about options or anything, I’m here to help.
        3
    • I have a few calls at 41 dls for tomorrow. you know this baby might go up tomorrow right?
      2
      • That kid thought he was out smarting everybody yesterday when he got weak hands and sold his whole portfolio when the market was down a little which nobody should do at one time.. It's a shame he didn't wait 24 hours longer for he would have had more money today and much more money going into earnings... some people just know it all
        2
        • my charting set up and technical analysis is directed at buying deep in the money options four or five weeks out on high-flying tech stocks over $50 a share... I have a setup thats magical how it shows you entries and many times lead you right into the third wave of the Elliott wave structure.. and if you know anything about Elliott wave that's almost always the longest wave where the money is made.... I'll check in next week
          0
        • Kevin Coi have been doing something very similar. Buying deep in the money options, usually about 3-6 months out, and immediately selling calls against them anywhere from a week to a month out with a delta of .36. The short call that I sell serves as a hedge. However I make my decisions by following stocks and their ranges for quite some time and buying on dips that seem to be anomalies. No charts or technical analysis, rather observation. But I must say that I am very interested and excited to learn from you. Is it possible that I can give you my number to call or vice versa? I hope that you are serious. I understand our conversation started out with busting bal/lz, but I can assure you that I am a humble person ready to engage and learn from you. I also like to help people all the time. I have a vast and deep understanding of the market and options. Most people dont. Always ready to learn more also has a ton of experience and knowledge that exceeds mine. I appreciate you in advance.
          1
        • Kevin Coside note: I would never sell my portfolio all at once, but I was getting burned out. Putting a good 50 hours in a week. My account has been a rocket ship the last 4 months. I needed to dock it and take a mental break. Had a lot of small tech being smashed. And it is still below where I sold it, so no regrets yet. But I understand and agree with the buy and hold strategy. Also like to create monthly spreads and cash out when in velvet handcuffs. Extremely looking forward to learning from you. Reading up on elliott waves right now 😎
          1
      • Has anyone met in the media that bonds will be expensive 2%+ .. 2.8%+ at a rate of 0.25 until 2023 and at an inflation rate of ~ 1.5%? Do investors want to play a super game now? if bonds are expensive, then bonds, if not, will they shoot gold?
        0
        • Funny how these overzealous blind bulls give me thumbs down after my Sunday night call of 37 this week. Did you give me thumbs down because you bought in above that price?! I trade both ways, short and long. Dont get hung up or fall in love with your stocks. Buy and hold forever. Or trade how you see fit. But dont be stubborn to good calls because they font fit your thesis. Good calls are black and white. Absolute.
          4
          • Kevin Cobro I am all about the options. But my calls are sound. I have no idea who you are. You dont know me. I make good trading calls. You took things to a personal level so I stooped down to your level. Should not have even replied to you. I promise I wont anymore. Go better yourself Mr Million Dollar portfolio builder. LOL.
            3
          • whenever you would like to discuss Elliott Wave or Fibonacci I'll show you how you to build your own ATM machine... my trades are bigger than your whole account kid
            1
          • Kevin Coif you are serious, I would love to take you up on that. All jokes aside. I am always about getting good advice. How can we make that happen? Appreciate you.
            1
        • 39.55 above these weeks soon bullish sentiments development infrastructure community assets yielding dividends again stimulus package business bullish again
          2
          • Most people in these forums don't have a clue about the stock market and then others that act like they're teaching everybody when actually they're a plumber or electrician. then you have some of us that have been in the business and trading for over 3 decades... Not to mention I have been a financial advisor for 28 years... being told by people in here to watch and learn. it's quite comical
            2
            • Bro. Read my posts. About 85% accurate. But I hear you. Most are cheerleaders. Best wishes.
              3
            • Your logic is flawed. Fact of the matter is people pay hedge funds big money for their advice, and the statistics show that hedge funds do not outperform the market consistently. Rather the converse. Hedge funds lose eight out of 10 times. So please stop tooting your own horn.
              2
          • buy
            0
            • I liquidated my entire portfolio today. PLTR WISH PLUG RKT SKLZ AAL COST PYPL GE GM F. Might not be today, but I think the S&P will correct 10% within next 3 weeks. Banks are being forced to sell treasury bonds to increase capital reserves. This will push bond yields further up as well as decrease the money supply. Both will increase interest rates. Corporate tax hikes will be the next catalyst to compound the pressure for a correction. Even though the Fed has been stating they will continue to use all tools necessary for a robust recovery, the writing is on the walls. NQ will continue to correct as well. Fed will need to strengthen the dollar as well. Higher treasury yields will encourage this as higher yields create demand for the dollar. I am staying out of the market until April or May or until the S&P sees 3650. I would tread lightly in the market. Stay hedged. Dont buy too many dips. Prices may stay suppressed. I am a permabull, but I can tell you, something aint right. GLTA.
              3
              • once you learn how to do proper charting and technical analysis every earnings season will be a money making opportunity for you
                1
              • Kevin Cothats great for you. Does not mean jack diddly. Understanding options gives a great perspective of the market. I totally agree. I only trade options. But does not mean you have a good grasp of the market. And it does not mean I dont understand the market, but you telling me that only a fool would be selling is silly. U dont know me or the prices in my portfolio. But I can tell you the guidance given in earnings season will not be good. Best wishes.
                2
              • For somebody who thought he knew it all yesterday when the market was down.. if you would have held those stocks one more day you would have made a lot more money.. better learn how to execute your exits a little better... not to mention you're the only one selling Tech going into earnings
                0
            • Welp, I called $37 on Sunday night for all of the rookie traders. Go back and check for fun. 😎
              4
              • Guessing without any explanation or technical analysis seems to be popular in these forums and once in awhile a blind squirrel will find an acorn.. great traders get it right all the time and we don't have to mention it to others
                0
              • jay west you know bac ohh so well
                0
            • good luck to all longs, we are due for big moves
              0
              • big moves down
                1
            • If I were a gambling man then I would short banks tomorrow. This could easily hit 37.
              3
              • If not tomorrow then 37 by the end of the week. Increasing capital reserves are really going to put a crimp on bank earnings. And the fact that they have to sell bonds will also put pressure on the market.
                3
            • according to the current channels (1h candles), target price is 37,30$. What do you think?
              1
              • LOL what one hour candles are you looking at on a Sunday... charting seems to work a lot better when the market is open
                0
            • I took this from Schwab: Banks which have been operating under a special Fed exemption from holding extra capital (due to the COVID-19 pandemic), were notified that they will have to revert back to their normal SLR (Supplemental Liquidity Ratio) beginning April 1st. This change will force large banks to increase reserves and will likely require them to sell Treasuries holding, which could adversely affect Q2 earnings.
              2
              • 3860 the best point for sell
                0
                • Selling
                  3
                  • Lock it in bro. Was a nice run. Short from 40 tomorrow. Good odds of a yield drop.
                    2
                  • Jay West wrong.
                    0
                  • Hank Reutersi hope that you see my short call was correct (regardless of yields). You have to understand, when I am long a stock, I do not like the idea of shortsellers pushing it down. However, I offer sound advice based off of patterns whether short or long. Dont take it personally because you are long. Just stay long or trade both sides. I personally rarely short stocks. Too risky. However banks stocks are not volatile and are easier to short. More predictable. Anyway, good luck. I am posting something that I read on Schwab. Seems intriguing. I would imagine there will be some more selling in banks this week. 37 could be on the books. If it is, I may start a long position.
                    2
                • If the 10 year bond yield drops in next two days, short any spikes. Target 36.50(if yields drop)
                  2
                  • whats your idea now jay west
                    0
                  • Bs Jayy west
                    0
                • Short from 38.50. Retail thinks a rate hike is coming sooner than expected. JPOW will soothe markets today. Possibly mention yield control. Like I said yesterday, touch 37 area and back to 38. Would not buy unless for a quick trade if it dips down at the open. Otherwise JPOW will not mention anything great for banks. Will pump up to 38.50 before his speech. Then drop. Thats my thesis anyway. Good luck.
                  1
                  • They sure do make banks easy to trade. 😄
                    1
                • Bank stocks awaiting JPOW. Should bounce nicely. Trend down to $37 area (possibly 36.75) then back up to 38 by end of week.
                  2
                  • Will he be bullish for the stock market or just the bank stocks?
                    0
                  • hey jay west can we talk in telegram?
                    0
                • On 3/4/21 I bought 220 shs of $BAC in my IRA Account at $36.19/sh. With interest rates rises a tad at least in Treasury yields & the recently approved stimulus $$s going into peoples' bank accounts, $BAC should benefit. WORKING TO BECOME A BILLIONAIRE ON PAPER!
                  0
                  • Sounds good, but trade options to become a billionaire. But start small. If you do it right it will happen 10 times faster. Good luck.
                    0
                  • This is only true if your premise that rates will rise is accurate.  Any bad macro economic news will easily reverse the current trends in the bond market.  If there is a hint of another COVID wave coming, just like in Italy, things could be very different...
                    0
                  • David Simpsonand believe me bankster gangsters are real. Lots of bulltraps in bank stocks, even though many will have you believe they are stable. If you stare at your portfolio, then keep a strong stomach. It will fluctuate more than you think. Always cost average and hedge if you know how.
                    0
                • CALLING JACOB PAPY!!!!! This good trader is making yall some money. Dont be stubborn to follow. LOL.
                  2
                  • Worth a try to short from $38. Tech is bouncing back.
                    3
                    • To the moon! Nee highs why would you short?
                      0
                      • Only attempt to short a top today if bond yields fall during cash session. Fridays are often selling days for banks. Buying up here is huge risk. Banks are luring retail in. Pension funds have to buy. But don’t worry, BlackRock will be buying up bonds to drop the yields. The Fed’s right hand man.
                        2
                    • Should be a good short at the open. Premarket at 37.46. 8:55am ET
                      2
                      • Hope yall shorted my timely call timestamped and everything so the fellow below who criticized me will keep quiet. It touched down to 36.86. I would close shorts now. Bond yield rising.
                        2
                      • u hit the nail on the head
                        1
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