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Bank of America Corporation (BML-PL)

NYSE - NYSE Delayed price. Currency in USD
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25.500.00 (0.00%)
At close: 3:51PM EDT
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  • I
    Ima
    Bank of America = Buffett's Favorite Bank Stock 1.1 BILLION shares.
  • M
    Mark
    Alot of room for BAC share price to rise as they gradually up the dividend and buy back shares.
  • b
    bud
    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 ;
  • R
    Robert
    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?
  • H
    Highlowsel
    The CPI # comes out lighter than anticipated. Could 'ol Jerry (Jerome) be right? Gasp?! Transience is real!? What do ya think? (PM bid now $41)
  • H
    Highlowsel
    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!
  • m
    m
    Old news but still accurate in my opinion-

    Now if we take 84 cents per share, the estimated new dividend per share, and divide it by 1.46%, the target price for BAC stock is $57.53. This represents a potential gain of 46% over today’s price of $39.35
  • U
    Upbeat
    Odeon Capital analyst #$%$ Bove upgraded Bank of America Corp (NYSE: BAC) from Hold to Buy and announced a $46.50 price target.
  • H
    Highlowsel
    Well I don't know what happened but clearly Master decided to yank the Pooch south. He hit one of my buy side "overshoot" traps just south of $40.60 so I'm in for a trade on the buy side. Bid now $40.75 and you can bet I've a trailing down to target lock the gain. G/L!
  • B
    BIGMONEY
    lets say BAC sells off 15% in a 10% correction. So what, rates going up and company metrics are improving. it will outperform the market going back up this winter. If you don't sell, you will have the same number of shares for the ride back up. You can't time the market. More money is lost trying to anticipate corrections than riding them out.
    So why are you scared of a correction. Some here act like they have never seen one. The only action to take during an upcoming correction is BUY MORE. BAC, C, JPM, VOO, VGT, AAPL top picks for a correction.
  • H
    Highlowsel
    Evergrande. Wonder what the exposure is for any/all of the global players in this?
  • H
    Highlowsel
    09/09/2021 10:19:00 - Why BAC (and Wells Fargo) could slaughter the bulls.

    The Bank of America Chart: Bank of America has been trading mostly sideways, within a tight range between $36.50 and $43.48 since April 29. The stock entered into an uptrend within the range on July 19 and has made consistent higher highs and higher lows. The uptrend may be over, however, if the bearish head-and-shoulders pattern the stock is settling into is recognized.

    The left shoulder of the pattern was made between Aug. 6 and Aug. 19, the head was formed between Aug. 20 and Sept. 3 and the right shoulder may be next to form over the coming trading days. If the pattern is formed and recognized, the measured move is 5% (found by determining the percentage difference between the neckline and the top of the head), which could cause Bank of America to fall toward the $38.40 level.
    Bank of America has a gap below between $39.10 and $39.48. Gaps on charts are filled 90% of the time so it's likely the stock will trade into the range in the future. If the head-and-shoulders pattern plays out the gap will fill.

    Bank of America is trading below the eight-day and 21-day EMAs but, unlike Wells Fargo, the eight-day EMA is still trending above the 21-day. This indicates bullish indecision and Bank of America will need to regain both EMAs soon to avoid causing the eight-day to cross below the 21-day. The stock is trading above the 200-day SMA, which is bullish for the longer term.

    Bulls want to see big bullish volume come in and pop Bank of America up above the EMAs. Bulls will then want to see Bank of American make a higher high above $42.84, which will negate the head-and-shoulders and confirm the uptrend is still intact. The stock has resistance above at $43.48 and $47.20.

    Bears want to see big bearish volume break Bank of American down below the neckline of the head-and-shoulders and for the selling pressure to push the stock down below support at $40. If Bak of America loses the level as support it could fill the gap. There is a further support below at $37.79.

    Current bid, $41.21 (and I'm riding a short from a bit north of .30 so consider the source)
  • C
    Crossfire
    It’s a good thing the management of BAC is not quite as liberal as this board.
  • U
    Upbeat
    Oversold. The DOW is on crack but BAC is on track. You can take that to the bank!
  • C
    Crossfire
    Yellen wants banks to report cash flow to the IRS on accounts over $600. More govt overreach.
  • r
    rob
    i like the banks with rates rising. Big spreads
  • H
    Highlowsel
    Looks like Master wants to take the Pooch south of $40....again.....
  • P
    Passive Dream
    IVR $3.06 and pays over 11% dividends.
  • B
    BIGMONEY
    So you like JoeyB medical mandates.
    How about when they require chemical sterilization for welfare?
    Will you happily defend him on yahoo boards then?
  • W
    William
    My small-cap funeral home and casket maker stocks have done well. They were going to use some right-wing conservative talk show hosts (3) as spokespeople, but all of them dropped dead from COVID. Yes, the anti-vaxxers are dropping and the cash is flowing into my funeral home stocks!