The biggest moves happen when you least expect (BAC)
IF you follow my ramblings on Stocktwits you probably hear me say, “the biggest moves happen when you least expect” after the market seemingly moves out of nowhere. Lets face it when we expect a macro...
View ArticleA look @ Bank of America post 11 break out | $BAC |
Monthly BAC We have not spoke about Bank of America since January 10, 2012 when we highlighted shares a nearing pinch point which would cause a upside deviation of the downtrend in place from the pre...
View Article$BAC CEO Brian Moynihan to BTV: Trading consistant amid taper; Traders...
Bank of America President/CEO, Brian Moynihan joined Bloomberg Television’s Erik Schatzker and Stephanie Ruhle today live from Davos and said trading operations were profitable almost every day last...
View ArticleBank of America: Bullishness On #Europe Reaches Uncharted Territory
It’s no secret that investors are more interested in Europe than the US right now, there’s more room for asset prices to go up and divergent monetary policies are expected to aid eurozone growth, but...
View ArticleBid To Break Up Bank Of America Clears SEC Hurdle $BAC
The Securities and Exchange Commission is giving the go-ahead to a shareholder proposal that seeks to break up the mighty Bank of America. Bartlett Naylor, the financial policy adviser for the...
View ArticleBAML Says “Bears Can Take a Hike” For Now $TLT $SPY
“What worries me is how lazy investors have become,” former Dallas Federal Reserve President Richard Fisher said last week in a CNBC interview, noting a potential clinical dependency on artificial...
View ArticleBank of America reports higher profit in 2nd quarter $BAC
CHARLOTTE, N.C. — Bank of America said Wednesday its second-quarter profit rose 132 percent from the same period last year as the bank continued its efforts in slashing expenses. The second-largest...
View ArticleBAML Notes Significant Short Equity Positions As USD Long Trade Flags
Large speculative traders increased their short positioning in the S&P 500 “to a crowded reading” below two standard deviations of magnitude, a hedge fund monitor report from Bank of America...
View Article$BAC’s Moynihan: U.S. Consumer Spending Strong in October
Brian Moynihan, Bank of America CEO, spoke with Bloomberg Television’s David Westin today about the risks facing the banking industry and the state of the global economy. Moynihan on U.S. consumer...
View ArticleBAML: “Investors” Sell All Except Energy Stocks $XLE $USO
Equity clients are on a selling spree, according to BofAML’s latest Equity Client Flow Trends report. The report, which is dated April 26, states that BofAML’s clients were net sellers for the 13...
View ArticleBAML: Excess Demand For Risk @valuewalk
With an excess demand for risk in the air and stocks continuing to climb a Brexit wall of worry higher, Bank of America Merrill Lynch (in a note titled “Excess demand for risk”) has a relative value...
View ArticleBank of America cuts more than 2,600 jobs
CHARLOTTE, N.C. — Bank of America continues trimming its workforce, with recent cuts focusing on highly paid managerial positions, the Charlotte-based company disclosed Monday. The bank eliminated...
View ArticleActive fund outflows @ $7.4 billion from equities In August, commodities...
Active fund exodus – The exodus from actively managed equity mutual funds continued last week. According to Bank of America’s weekly ‘Flow Show’ report, there were $7.4 billion of outflows from...
View ArticleBank of America profits rise as employee count continues to fall $BAC $XLF
CHARLOTTE, N.C. — Bank of America reported some of its best financial results in a decade on Monday, as the Charlotte company chipped away further at its expenses, a trend executives said is not going...
View ArticleCasual Dining Consumer Spending Continues To Utterly Collapse
According to proprietary data collected from Bank of America Merrill Lynch’s customers, consumer spending continued to support the US economy during September. According to the bank retail sales,...
View ArticleHigh-Yield Returns Could Return 5 Percent Next Year $HYG
2016 has been a record year for high-yield investors and analysts at Bank of America Merrill Lynch believe that good High-Yield Returns can continue into 2017. BAML: Bullish High Yield Thesis Rests On...
View ArticleBofA Lowers Its Long-Term Oil Price Target To $70 $USO
Bank Of America Lowers Its Long-Term Oil Price Target To $70/bbl Bank of America Merrill Lynch has lowered its long-term price target for Brent crude oil to $70 a barrel down from $80 a barrel...
View ArticleSmall Caps Likely To Benefit More Under Trump $IWM
Small caps have routinely outperformed large caps since 1926 – delivering 11.4% annual returns versus 9.5% for the larger stocks. They win handily on a number of other criteria too. Yet they are not...
View ArticleLast week $21billion flowed into equity ETFs and out of mutual funds
WAH WAH WE-WAH! US Investors Go ‘All In’ On Equity ETFs At the end of last week, analysts at Bank of America Merrill Lynch reported that during the four trading days prior, $21 billion of assets flowed...
View Article$BAC Clients Are Bullish On Stocks But Not Euphoric, Passiveness Continues...
Bank of America Merrill Lynch’s weekly Flow Show report, which is put together by the bank’s Chief Investment Strategist Michael Hartnett, has picked up an interesting trend in private investor flows...
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