Bank of America Corporation Non Cumulative Perpetual Conv Pfd Ser LBank of America Corporation Non Cumulative Perpetual Conv Pfd Ser LBank of America Corporation Non Cumulative Perpetual Conv Pfd Ser L

Bank of America Corporation Non Cumulative Perpetual Conv Pfd Ser L

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Bank of America Corporation Non Cumulative Perpetual Conv Pfd Ser L stock forum


BAC this should pump more over next couple months

BAC short on micros and macros…. Banks will be the anchor on this entire thing. Better off holding other assets finish the year strong with even a 4.3% on these bonds is smart money buying they will go up with demand.

BAC fake market no price discovery. shoot to inflate.

BAC Is the monthly chart indicating that it is soon to turn negative in the coming months?
Snapshot



BAC Technicals not looking good at all with the huge red candle closing below both 9EMA and 50 SMA on the weeklies. This potentially points to further downside to $35 at least if no buyers step in. The market as a whole has not bottomed yet and we are just beginning to see the start of a huge recession. I think Buffett was right to sell all his BAC. Bulls - don't get yourself trapped (disclaimer - I am not a bear but the market right now is not looking bullish)


BAC Despite the recent stock market adjustment, the private banking clients of Bank of America (GWIM, with $3.8 trillion AUM) witnessed the third-highest inflow of funds into stocks in history this week, accounting for 1.8% of the assets under management. This reflects that many investors still maintain long-term confidence in the US stock market at present. When there is a significant pullback in the stock market, funds quickly flow into the market.

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