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Bank of America Corporation (BAC)
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201,409 reactions on $BAC conversation
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This is what I see; the door is now half open for interest rates to rise! Before today, the door was closed. I bought more shares of BAC today; actually, I doubled my shares after Chairman Powell speech! once the door is half open, money managers are going to start buying, or at least nibble a little bit, cause nobody wants to be left behind and miss the gusto. There will be more buying from the early birds and less selling from those who have been holding and are now smelling blood. BAC is a top stock and everybody will be watching! Good luck all !!!
BAC has a very safe position in the current investment environment. It potions well for the pandemic recovery. With such good dividend and high potential growth after the pandemic, BAC is an no-brain buy.
William , Good Morning , Look's Like We Our On Our Way To , $42.00 , GLTA ,
We are going to 50 …….first 45 then back to 40 then will smoke to 50 with higher rates coming.and a dividend next year of .25 cents per quarter.
Many people are seeking for stability in an unstable crypto space and a lot of people are wondering if now is a good time to buy because of where the price is at right now I'll say it's
Walk out the door if your employer mandates the covid vaccine.
Alot of room for BAC share price to rise as they gradually up the dividend and buy back shares.
I heard about BAC the other day on (
). It’s looking like an interesting play.
Understanding that China's Evergrande's $300B debt risk has multiple layers (indirect risks) to it, does BAC have any direct exposure to Chinese banks at this time?
67 million shares yesterday. BAC off 5%. Last hour almost all buying. Is the selling over?
Powell Says Fed Can’t Protect Markets U.S. Default. He (Powell) also says he's powerless to protect the economy if Congress lets the US default on its debt.
rates moving higher and thats good for bac and the banks. GET LONG losts of room to run
Even though it opened up, this whole market still looks weak . One day up or down does not make a market, but a trend does
Odeon Capital analyst #$%$ Bove upgraded Bank of America Corp (NYSE: BAC) from Hold to Buy and announced a $46.50 price target.
Look's Like , On Our Way , To $41.00 , GLTA ,
David , You Are Right , Just Notice It Also , BAC , Stock Buyback Program , Of $25. BILLION DOLLAR'S , Started , Seam Like , HUGE , Increase's Of Number Of Share's They Are Buying In Morning And In Afternoon , And May Keep Buying At Market Close ; Why Not , They Will Keep Buying , Million's And Million's , Share's Of Stock Everyday For The Next Several Month's , And It Look's Like Many Of Warren's , Friend's , Are Also ; We Just Keep Adding A Few More Share's Each Week , GL < David , On Our Way To $46.00 ;
Anybody having trouble seeing any real positive in the Fed speak?
The fundamental reasons for the growth of Bitcoin ⬇️⬇️
-limited issuance(some of which is lost )
-taking a large portion of Bitcoin out of circulation (huge demand -no supply =growth)
-acceptance of Bitcoin at the state levels.
-Accumulation of a large portion of Bitcoin s in the large funds hands
(Bitcoin is a very interesting asset for them)
-continous dollar issuance (a variant of the fact that it's not Bitcoin that's growing,but the dollar that's depreciating)
After Big Joe spoke this morning his record-breaking bull market in stocks kicked back into gear! Lots of interesting values recently, and I took advantage of some! However, even though I'm still holding BAC, I'm not buying more right now. It's had a heck of a rally, though, since November 2020!
And once AGAIN, just like the last session, it pop's...then gets hammered back down. From ~$41.50 to (now) $40.98. And just like the last time I'm riding the pooch with a short with a trailing. Just playing off the predictability of the machines, who do nothing but follow their programming. Once the trailing gets hit I'll look to flip into another buy. G/L!
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