BAC

SecretaryAncient8923

I am too afraid to do any calls other than Covered calls, but I hope you do well. I am not of the mind that we are in an AI bubble yet that is about to pop. More and more people are purchasing, including average joe every day retail, AI access. It may be under priced but sale and use are increasing. Eventhough current revenue can't cover the costs of build out it still is revenue. Compared to the dot com era thousands of "companies" were just ideas, not actual companies with goods and services already producing income. I think it will continue to increase in diameter before the big kaplow. I hope the Markets react positively Wednesday, I just increased my shares in SOFI, JPM, BAC, AXP, and XLF. Not overweight just a little increase, just in case.

B_O_A_H

Hello, I’m a 26M in the US looking for advice as to whether I should sell my BAC positions or ride it out. Looking at the chart, BAC is at its highest it has been since 2006. I bought in at 28.50 per share and it’s sitting at about $54. I’ve made an 89% return. My heart says sell, but I am grossly undereducated on trading, but I have noticed nearly every time a stock reaches a peak in the chart, there’s a subsequent downturn. That said, I trade through Robinhood, and their “Analyst Ratings” states BAC at 79% buy, 21% hold, and 0% sell. In the news, Buffett has been offloading BAC shares. Their next earnings call is 1-14, and their previous quarter’s earnings exceeded expectations by about 14¢ per share. Earnings have exceeded expectations all year, so if they beat expectations again next month, should I expect an increase? Also, the fed decision is coming up, so that will impact it as well. So, if I do sell, should I do it now at the price spike, wait for the Fed decision, or wait for the earnings call? If I do sell, what then? Do I put my initial investment back into BAC and reinvest the profit elsewhere? Thank you in advance.

moorhound

>Market Chameleon Most Active Options: NVDA, SPY, TSLA, BAC, QQQ Oh tell me more great Oracle

TACO_Orange_3098

well it depends ------ how much debt are they carrying .................... if a company , no matter the size has zero debt , then it wont help them in that respect. but --- it could also allow them to borrower in better conditions for doing XYZ OR ---- allow their customer base to buy at better pricing depending on the business :, cars, homes, major purchase items etc OR --- lowers peoples monthly expense allowing them to spend more ( assuming they can refi everything they have and get materially better rate / deal it is not all or nothing clear cut , but it also that magical or assured of a thing either -------------- if rates are low or too low, why would i want to lend you money , that kind of thing OR an even better thought , if US bond rates are too low , who would want to tie up money for a long time given US Debt load already , ask BAC about that one :D

MOONTOANDROMEDA

If you invested in $BAC 17 years ago you’d just now be breaking even. Boomers are happy about this one.

angcritic

I get it. I'm a little older - many ups and downs - mistakes and a few wins. Do some indexing and a little speculation too. One of my long term boring holds actually is Cramer influenced. 10 years ago I bought BAC because he made some interesting comments. It's been a good diversification and don't claim JC was a sage, it was just some interesting comments.

Successful_Shake1102

I like SHOP. BAC steady as she goes. Lesser IV, but it has treated me well.

Swearwolfofwallst

$1 today is worth $0.63 of 2006 (peak BAC price) dollars. https://www.minneapolisfed.org/about-us/monetary-policy/inflation-calculator $52.48=$33.59 Still down 36% after 17 years of "growth" There is your sober moment.

MattManATX

Hegseth’s BAC

wright_on_

Jarvis let’s dial BAC up to 0.31% and …. Activate margin.

Routine-Tomato-6896

been focusing on financials lately... JPM and BAC have consistent option flow and predictable earnings cycles. IV spikes are clockwork around their quarterly reports and polymarket odds on rate cuts have been moving the whole sector so easier to time entries. Tech is oversaturated with retail options traders now

xynix_ie

Over the last month or two I slowly shifted everything into Google. I still had some BAC I picked up after tariff day 1 but otherwise cleared the lockers of everything else. Friday morning I was thinking of selling Google and Friday evening the Berkshire announcement happened and so I knew I was definitely selling everything Today. I did well and am pretty satisfied with the gains. There were missteps along the way. Selling UHC the day before that Berkshire announcement 🙄

zxc123zxc123

>Right, but Berkshire's best deals aren't available on the open market. >When everyone 's hair was on fire in 2008, Warren was making deals with GE and Goldman to "help them out" by buying perpetual preferred shares with a 10% coupon along with warrants to buy common stock at fire sale prices that extended out for years. Very true. I also feel many of Berkshire's best deals were done during the GFC with special in person deals like the ones they got with Goldman Sachs or GE. Some of their China investments were either unavailable or difficult for US investors to mirror. For those cases I don't follow because I can't. It's important to not 1:1 mirror things but to know yourself and the one you're copying/inversing. I bought DAL at the lows after Buffett sold his shares. I suspect DAL or the US government might have wanted BRK to foot some investment prior to getting bailouts or handouts. Or maybe BRK themselves feared for that and dump it first because they didn't like airlines anyways due to them being very cyclically sensitive, needing bailouts every downturn, and better being trading vehicles. I had no issues for a shorter term trade 1-5 or 5-10 years rather than "forever", no one will ask me to foot over money first for bailouts, and I don't mind trading nor volatility. I bought BAC after Buffett bought his shares on the open market for a higher price. BRK did a swap into BAC after dumping WFC. A good move IMO since WFC sullied it's name with the fake/fraud accounts. I also didn't like WFC so I didn't buy Buffett's sell. I personally use BAC but never bought into it but Buffett's buy gave me added confidence to go into it quickly because I assumed BRK had done the homework. So I aimed to buy at or under their $24-25 purchase price. >When you buy Berkshire, you're buying a tiny seat at the table for the kind of deals only they can pull off. That's not something I'll try to dispute. I think it's a sound belief. I just choose not to myself.

zxc123zxc123

You can decide if it's highly regard or exceptionally brilliant yourself. But my reason for buying DAL during the pandemic lows: 1. Buffett/BRK already did the vetting and homework on DAL prior to the pandemic collapse. 2. DAL was the best of the airlines and least likely to be bankrupted. If other died or got consolidated then DAL will get their share or take them over. 3. Most of the companies and airlines were asking for bailouts and based on the GFC most of the biggest ones got bailouts. I had no reason to believe otherwise. 4. This leaves WHY Buffett/BRK sold. They sold WFC and moved to BAC because of the WFC scandal probably made them lose trust in WFC. But why did they also sell DAL? I assumed probably 3 main reasons: Reason A being that airlines aren't great long term investments but more like trading vehicles which BRK might not want in their portfolio. Reason B being that the airlines have proven to dump and be very high VOL every time there is a recession which doesn't play well to BRK's portfolio building style. Reason C being that either the government, DAL, or both expected BRK to hand out cash in a double down either as a precursor to getting PPP/EIDL/bailouts or as a requirement for it. Or BRK feared that might be coming so they dumped out. 5. I wondered if it was right FOR ME to buy DAL at that time since I'm young, could hold for a long time, have a higher risk tolerance, don't mind selling out, and won't be asked to fork over a few hundred million before Pelosi & Trump give DAL a big bag of money. Answer was **YES** so I bailed out Buffett's DAL stocks from his paper hands. TL;DR ["Oh no airplanes house is empty but maybe soon airplanes house will be full"](https://www.youtube.com/watch?v=SYc6QmaGnYc)

Rich-Use1484

here is the complete list: [https://whalewisdom.com/filer/berkshire-hathaway-inc](https://whalewisdom.com/filer/berkshire-hathaway-inc) Bought GOOGL, Sold some AAPL, BAC and VRSN. No change in UNH or AMZN. I would open a small position in GOOG and Time to go all-in with UNH and AMZN :)

zxc123zxc123

Because Berkshire is a giant conglomerate who's investment timeline and goals are not a 1:1 match with mine? I understand why I like AXP/DAL/BAC because I understand why they bought/sold those. I don't like See's candy, understand Buffett's railroad obsession (must be a boomer thing since Biden loves the choochoos too), nor want to hold $381,000,000.00 in cash while inflation eats away at it. I prefer vanilla and leveraged index funds to get my broad market diversification.

zxc123zxc123

Gotta say. I've always felt Buffett was my teacher and someone to learn from. I also developed portfolio habit of mirroring Buffett/BRK during the pandemic: buying DAL when he sold, buying BAC after they did, DCAing into AXP, etcetc. Because I just assume they'll do the homework for me and keep doing that homework. Now I see them buying 4B into Alphabet which I've owned since the days before the GOOG/GOOGL split. Am I the sensei now? Is this a vote of approval in my investment skills? Dunno. Just knows it feels fucking good.

Massive-Chef7423

!banbet BAC $54 11/21

silverfutes

Looks like BAC is going to finally recover from the great financial crisis just in time for the great tech collapse.

Itchy_Document_5843

Everyone's talking about AI, but banks are rocketing without all the drama. JPM +34% GS +46% HSBC +43% BAC +22% MS +36% TD +51% Anyway, I'm bag holding a lot of tech. Hopefully, they will recover in the next few weeks.

TopStockJock

How about $BAC getting back to 2008 levels JUST NOW?!

BatteryAcid420_

Thinking they need more cash than the combined cash held by the five largest public companies by market cap for their insurance business might be a bigger misconception. It makes up 30%, maximum 50%. Still a record pile. You don‘t have to take my word for it: Buffett has said that having a sizable war chest is a cornerstone of Berkshire's risk management. Berkshire's cash reserves served the company well during the 2008 financial crisis, when Berkshire provided crucial funding to companies like the Goldman Sachs Group Inc. (GS) and Bank of America (BAC) on extremely favorable terms, generating billions in profits.

nyse25

BAC has officially recovered their losses from 2008

TopTierMids

Same, but with Ford. Not as yeeted as BAC but in two or so years it'd have been a 600% gain.

Difficult-Carpet-324

Buffet bought tons of BAC after the recession. All you had to do was follow his trades.

Connect-Silver-5982

It was not a dumb trade, it was an investment. He made the investment for the right reason, at the right time. The same time Munger put 50% of his money into BAC. Was Mungers also just dumb luck? Maybe you should learn from your friend.

Far-Salamander-5675

I remember being a kid in 08’ and thinking how I would invest in BAC if I had money (poor family) because I thought the same. Bank Of America is going nowhere. Glad to see someone did lol

Leody

I had a HS friend go all in with his life savings into BAC because... it's Bank of AMERICA, there's no way they'd let that fail... He wasn't the sharpest knife in the drawer, but he had tons of money because he was single and spent 6 years on a submarine. He hasn't worked a day since like 2010. He rides his adventure bike around SE Asia and the Western US and blogs about it. He also spent a couple of years driving around to remote villages delivering laptops with encyclopedias loaded on them. Super chill dude, but man you want to talk about dumb luck. Glad it happened for him though. He's done good with his wealth.

No_Zookeepergame_27

BAC is so manipulated. Drop 2% yesterday on a no-news investor day and now up 2%.

FuckleUp

BAC shots 🍆 💦 🍑

truautorepair000

You need to look at something like BAC or F. The amzn swing is very volatile like tsla. Just one word from the bezos or Musk and the price can get your shares called away

Xzlk

Buffet dumping BAC?

PajamaBoyz

https://preview.redd.it/70s57sathbzf1.png?width=1344&format=png&auto=webp&s=7b196c27130b3ec5023dab519af948a85b37f005 34% drawdown on this specific set for 670s is roughly $5k in size. Keep in mind these trades pictured are only for SPY & Qs. I am also short a few other names like NVDA, SMH, AMZN, AAPL, BAC, JNJ, etc...

justsquanchythings

BAC volume 11/21

JRAP555

Jim Cramer recommended $BAC. This is just the market pricing in a total collapse of the banking system.

zxc123zxc123

Everybody predicts it (talk), but Burry actually put his money behind one and won. That said, I don't think watching Burry is productive as he truly is smarter than most, moves too fast to mirror/inverse, trades in a way with capital that retail can't mimic, and is too off smart AND spectrum for most to hope to comprehend the mechations under his skull. I find mirroring or inversing Berkshire is a more profitable endeavor. I mirror them for things I like with hopes that they have done the homework for me: BAC/AXP. Meanwhile I've bought what they sold at times because they are too big to hold or can't hold. Like when they sold DAL during the pandemic lows (likely because there was a conflict with DAL receiving government handouts while Buffett had so much cash laying around).

Reuters-no-bias-lol

BAC announces partnership with OpenAI to replace your money with pretty pictures on paper. Wait…

sdanielsmith

Not if you're really after the dividend. I just keep buying. What do I care if KO or BAC falls 25%? Neither are going anywhere and I just keep putting my money into them. Honestly, it's why I'm a bear overall. I want the market to tank so I can get more dividend shares at a better price. Yes, my overall portfolio will "look" bad, but the money I get each qtr will keep coming in, and for my retirement planning, that's what I'm after.

Swearwolfofwallst

I bought a 19, and 15 and rode it down, had no confidence when it was mid singles even though I understand the stock and company are really solid, my fault. Could have made so much more but at least I didn't paperhands it. Hopefully not another strong earnings followed by dump! would love to see some actual conviction and life in this stock. They need like a hostile takeover bid from one of the geriatric big boys, WFC or CITI or BAC

teamfupa

Hey the guy is probably a few handles in since last Friday words don’t come easy when your BAC looks like BYND current price.

SqurrrlMarch

get what's called a paper trading account first. practice with 5-10k value in that and see how you do this is fake money and it will allow you to make mistakes and learn how your own psychology works when you see red vs green in your portfolio. Use this for a few months as you go through picking and choosing stocks. Your own psychology is the biggest thing you need to learn and to control. It ain't easy. We all still get caught up in our heads sometimes regardless of facts. Again, get a paper trading account and practice first. Learn to emotionally regulate yourself during losses and profits. Then you can start getting into the technicals. Pick 3 - 4 stocks today to just watch and learn how they move - in the last 3 months and the next two months. Maybe ones like NVDA, BAC, BYND, and whatever penny ticker you want to pick in this subreddit. Don't buy them. Just look at the company, price movement, volume weighted average price, upper band/lower band trend lines, and think about when you would buy or sell. Those 4 are good examples of various aspects of the market. Paper trading first before you lose 7k in a month. And you will lose money. That's the nature of the game. No one ever hits home runs 100% of the time. If you don't know anything about stocks and trading, stay the fuck away from options (warrants in the EU) until you've been trading for at least a year and then study strategies before you mess with them. No such thing as easy fast money. No matter what they say.

cosmicyellow

The question should be why is Netflix still worth 500b after the haircut. Just ten years ago, AAPL was worth 400b, Airbus was 50b, COST was 150b, MSFT was 400b, BAC was 100b. Today's valuations are insane and detached from reality. Palantir has bigger market cap than companies like Costco, AbbVie, HomeDepot, AMD, United Health, Chevron, China Construction Bank, Nestle, Toyota and Coca Cola. Insane.

AntoniaFauci

Yes, one high risk moon shot, based on a few elements converging: 1) MS and BAC just reported breathtaking income from the M&A explosion and the same from related investment banking. 2) Mountains of evidence small and midsize banking is doing even better. 3) Disgraced small and midsize financial player B Riley is down 90% from previous highs but could be poised for a huge re-pricing event. 4) Insiders have been blocked from transacting RILY shares for over a year. 5) New CFO and new investors have numerous incentives tied to the stock price more than doubling in the near future. RILY sold off from $85 to $3 after getting burned by some toxic assets, aided by some particularly egregious shorts. They’ve apparently (?) managed to stave off bankruptcy, but most don’t know that since they don’t follow the sector. RILY is currently appealing their imminent delisting from Nasdaq. A positive resolution of all these issues is potentially imminent. Market watcher will recognize that emerging from assumed bankruptcy can really move the share price. Now add the fact that RILYs Q3 has been shrouded in mystery. But anyone who follows them closely knows they are one of very few strong players in the small/mid market, and have landed a stream of noteworthy deals. There is a chance they could have major upside surprise if and when they do finally report Q3. That means that what COULD happen is the emerging-from-Bankruptcy story meets the blowout-Q3 story meets the RILY-is-quietly-dominating-the-small/mid-market story meets a tsunami-of-insider-buying story. This would be the proverbial mother all of squeezes. Steel-man: it’s also possible one or more of these factors doesn’t play out, or even if they do, the market doesn’t care. It’s possible Riley returns to bungling. But in terms of a banking situation that can double or triple, this is it. My sensible money is in things like BAC and C, but neither of those has the same potential to 2x, 3x, 5x like RILY could. Any of the above (especially RILY) could go 0.5x though.

AggieDem

They popped on earnings so this could just be profit-taking. That said, it looks like BAC is trading at where it was before earnings, so idk.

No_Zookeepergame_27

BAC went up on great earnings yesterday. It’s giving all back on no news.

Busy-Estimate-2160

BAC had nice beat, big setup for next quarter

AntoniaFauci

Not the sexy minerals, metals, spaceships, quantum, AI trades, but MS and BAC just laid down some seriously strong earnings.

Uisce-beatha

Been calls all week on WFC, WMT, BAC, AMD and GOOG but I think I want to buy puts now. Problem is SPY IV is fucking 34% right now

sdanielsmith

Going to squeeze everything I can out of my BAC call. Tidy little profit this morning post earnings.

itsnotshade

BAC, IWM, and DIS absolutely saved me today when I had loaded up on qqq calls at close yesterday.

Portlog11

While GOOG may experience a steeper draw down, it will certainly recover and outpace BAC and KO eventually.

Gahvynn

The thing about bagholding is nobody likes to say they’re holding bags of shit. Commercial real estate? Theyve all realized they’re holding dog shit filled bags but they’ve also realized they can just not sell buildings for what they’re actually worth because nobody wants to write anything down. Plenty of debt issuers know it’s completely unsustainable but admitting as much would be like dropping a grenade in a fireworks factory. Once they’ve unloaded the debt off their balance sheets and are positioned for it then expect the big banks (JPM, BAC) to announce there’s an emergency and things will grind to a halt.

Traditional_Ad_2348

He’s never made a similar move though. In fact, he sold TSM in 2023 even though the company is a monopoly and diversified its risks by establishing fabs in the U.S. He thought OXY was going to be some amazing play. What an absolute waste. His recent purchase of UNH is classic safe Buffett. TBD if that bet pays off long term. Meanwhile, there are quickly growing new sectors evolving in space, AI, quantum computing, and nuclear energy. He has 0 exposure. Citigroup has proven to be a smart buy, but he held onto it for years while it did nothing and watched NVDA skyrocket. BAC was a failed investment too. The only tech growth stock in his portfolio is AAPL, but he reduced his exposure by 50%. Smart move when he executed it, but now the stock is higher than his selling price and I doubt UNH will outpace the growth of AAPL and will certainly never have similar margins. So let’s see, what else has Buffett recently bought. Lennar? Classic Buffett play. Low p/e but decreasing margins in an environment not conducive to growth. Say what you want about shortage of housing but that story has run its course. As unemployment rises, people will be forced to sell their homes at discount. Homes that are in already established communities with good schools and amenities will be put on the market in droves. Lower rates will not be an advantage to new home builders who have relied on their rate buy down power to lure new buyers who would otherwise wish to purchase a higher quality home not built with cheap materials and labor. My point is, Buffett plays a safe style of investing because it’s within his best interests. If he is wrong, which he is a lot, then his losses will be mitigated by low valuations and dividends. That’s a recipe for wealth perseverance, not wealth accumulation.

East_Medicine_3930

It’s a drink that reduces your BAC. They sell it at BevMo and other big liquor store chains.

AdSuspicious8005

What extended downside.... It's near ATH. Similar PE to BAC

Thebaxxxx

Remain calm and buy BAC stock 😌 heres some tylenol 💊

_galaga_

Wegman’s if they were public. Atomic Coffee Roasters if they were public, too (New England area roaster). AMZN, AAPL, GOOG, Kimberly-Clark (shout out to my favorite TP), Colgate-Palmolive, BAC, Schwab, I’ll also lie and say Ferrari (RACE) but that’s just because I like the symbol.

ColoDIVY

I bought HOOD at $8. It hit $16, I was feeling good. Then $20, $30, $40… I sold half at $80, I mean it can’t keep going up, right? I put it into a bond fund paying 6%, my yield using my original investment is umm…. checks calculator…. 60% annually. Now it’s ~$125. Yeah at some point it stops making sense. I am thinking about selling the rest. I am developing this overwhelming feeling that something’s gotta give. I got into the market 2008. I bought Ford at $4 and BAC at $8 during the great recession been collecting dividends ever since. Does anyone else feel as though we are due for a serious correction? I’ve been raising cash just in case.

ColoDIVY

I bought HOOD at $8. It hit $16, I was feeling good. The $20, $30, $40… I sold half at $80. Put it a bond fund paying 6%, my yield using my original investment is umm…. check calculator…. 60% annually. Now it’s ~$125. Yeah at some point it stops making sense. I am thinking about selling the rest. I am developing this overwhelming feeling that something’s gotta give. I bought Ford at $4 and BAC at $8 during the great recession been collecting dividends ever since. I’m up ~ 100% over the last 3 years. Does anyone else feel as though we are due for a serious correction? I’ve been raising cash just in case.

Thebaxxxx

Sure but BAC earned me about a 10th of that YOY and if i sold id be at about that in gains. But like, i dont want to sell. I want to retire on interest haha

Ready2gambleboomer

*BAC dividends? Dad?*

Thebaxxxx

TSLA doesnt even pay dividend so whats the point of holding? My BAC holdings of just 80k worth pay the utility bill every month in dividends lol. Do people just use TSLA as a way to force losses through bad shorts?

dj_samuelitobx

My play about buying LEAPS on BAC and SOFI is already printing. If you didnt bother to check, that's on you

Heyhayheigh

It is easy to use. But so is Fidelity with a linked Bank of America account. You get preferred rewards benefits from banking with BAC, that’s something. If you don’t know anything, Fidelity is probably better because you can just buy dollar amounts of VOO (sp500).

Ecstatic_Ad_5121

I put in 40 puts of BAC $52 because I prayed and I got mad as hell at banks. 

Due-History-7139

why BAC?

dj_samuelitobx

wait for a dump, buy SOFI and BAC leaps

_jasmin17

i like JPM! it’s up +27% YTD compared to SPY up +12%. it’s the only one of the global systemically important banks thats outperformed SPY since the financial crisis, it has a 10 year CAGR of 20% compared to SPY’s 15%. the two next biggest banks, BAC and C, have 10 year CAGRs of 14% and 10% respectively. out of financial stocks, JPM is by far the golden standard.

Disastrous_You_5664

They issue guidelines for mortgage debt for banks to lend, and buy loans funded by banks like Wells and BAC, then bundle the loans and sell them to investors. Basically if you hear the term 'conforming loan' it's either from Fannie Mae FNMA or Freddie Mac FMCC. They have been in a conservatorship since 2008, and are about to be 'released' Way more info available than the snippet I provided. It's worth a read.

grackychan

Release from conservatorship and uplisting to public exchange (NYSE). Trump summoned BAC, JPM, C, WFC and GS CEOs in August to the White House to hear their plans to underwrite an IPO for Fannie and Freddie. Scott Bessent has said the IPO will likely be worth north of $500 billion, reflecting a significant premium from current prices.

MrPacksAlot

!banbet BAC 50.5 3d

MrPacksAlot

!banbet BAC 50.5 1w

Longjumping_Touch_58

Not sure about qqq either. Ran out of dt’s. BAC I seen a spike to the downside today, breaking support so I played it MCD been in an uptrend SOFI is SOFI

19andbored22

Not sure about the QQQ put the BAC put has more merit but they been doing pretty good this year so not sure about those. I would recommend more long term options. But that depends who your playing the game. Well would recommend neon but tbh it a coin flip could skyrocket like it did before if their a deal with samsung and depending on the settlement with apple but that is a semi gamble.

TamaTontata

Banks, BAC, C secretly doing buybacks

MrPacksAlot

Fair. Could see a bleed in the 2-3wks into earnings just to soar back to ATH levels following the release. It’s just hard to imagine BAC continuing this streak, albeit I’m currently holding calls from the slight dip. Picked up at low yesterday. Was contemplating switching sides for a month out

dj_samuelitobx

This isn't a bad bet but all of these are trash compared to SoFi technologies on the riskier end, and Bank of America on the safer end.  Literally buy BAC and go long $70 by March and you'll be okay. 

Busy_Point_3091

Knew BAC would break 50+ but I thought it’d be early summer, not mf now.. Shit, always missing it by inches 😖

ImakeBADinvestmentsx

BMO capital and BAC released notes on this. A Breakup of $GOOGL is not expected. Chrome will be kept within Alphabet. So most likely its going to be data sharing ruling or a injudction an apple payments - which will not have any impact on $GOOGL. Apple has no alternative on search and chrome is the best - users will just bypass safari and download chrome. Anyways, this is at 20 P/E and 16x FY26 P.E SO damn cheap! expect a re-rating to 25 P/E which should send this $250. SO many institutions loaded on $GOOGL aswell in the 180s-200s - this move isnt driven by retail. Billions are buying because it's going to WIn AI aswell due to its full stack. Check out nano-banana model. INSANE.

ImakeBADinvestmentsx

Judge has hinted breaking up chrome might not be the best answer. So no divesture. BMO Capital has done analysis and spoken and said the same. BAC has agreed aswell as the current admin. Saying they dont want to break them up. PLus, how do you sell $GOOGL chrome to investors. If it's spun off - gets who owns it? current investors :) just under alphabet lol. no buy/sale as its out reach of govt.

noce96

BAC is so close to hitting $53 again. It hasn't been at $53 since 2006.

TamaTontata

JPM, BAC were saying that buying the dip was a great opportunity for the past few days. I held calls into today, cashed out 2 of them but if I had listened to them my portfolio would be a lot happier.

Sidney1973

I bought BAC calls. I believe fed cuts helps BAC.

Diamond_handz_chad

I’m definitely buying calls on BAC now 😂 even if Warren sold all his shares 60$ will be inbound you sir are an idiot

KissMyRichard

BAC: "It better be different this time"

MrPacksAlot

Would love to see BAC crash -10%

MillionBEAR_

Bank of America's, $BAC, CEO Moynihan says economists predict no Fed rate cuts as inflation gradually decreases Is he retarded?

Secure-Shoulder1194

FDX Berkshire sold about $4B of BAC and is putting roughly $5B into an “industrial.” FedEx (FDX) is one of the names getting mentioned, but nothing’s confirmed. The filing should be out Thursday. Why FDX makes sense: • “Logistics” keeps coming up in the chatter • Valuation isn’t stretched • They’ve been buying back a lot of shares • $5B would be ~6–7% of the company — big enough to notice, but easy to build quietly Might be worth keeping an eye on after-hours action in case people are positioning early.

dubbawubalublubwub

tldr, buy puts on BAC?

scorchie

Thank you, sir. I've paid for a lot of experience the hard way, so I pay it forward. I would be cautious on bonds or anything inflation-linked to USGOV (bad data = bad prices). If you don't short, I'd recommend a gold position as a dollar hedge. I don't want to be responsible for another person's retirement; I only offer personal recommendations, based on my own allocations. The last "crash" was [SVB ](https://en.wikipedia.org/wiki/Collapse_of_Silicon_Valley_Bank)failure in '03, but the banks (still to this day) hold those losses unrealized on their balance sheets, so it never materialized. JPB, WF & BAC all have substantial amounts of this, which will only increase as yields rise (from lack of demand on USG term-debt). They will be forced to realize this soon, as yet another catalyst. Stay safe, and I hope you enjoy your retirement.

scorchie

Sell-side reporting. I've seen the same data from BAC, JPM, Goldman, etc... Bloomberg + Reuters have all reported these numbers. It's also how we know retail is on a record $1.1T of margin (largest in history). Retail brokers/institutions have the same counterparties for these transactions (investment banks). Hedge funds will sometimes use dark pools, which are transactions that are difficult to track order flow on (directionality is not reported). However, even HFs have a prime broker, where 75% or more of all their order flow is executed (OTC contracts may not be reported, but they are included in gross exposure by the CP).

Juhkwan97

I bot BAC at about $48 sometime in late 2007. Bought more, averaged down to about $30, then watched it drop to <$5 in the GFC. I held, bought a little more and averaged down to around $25. Then I held until 2020, got out around $30. 12 years I watched that mistake in my accounts. But I wish that was the worst one I ever made.

Level_Today9609

Same think happened to me on a huge 20 contract BAC CC I had at a strike price of 50. One day before expiration I rolled it out a week to 52 because it was about to cross 50 - it Never crossed 50 and I ended up loosing over $4500 to roll and wouldn’t you know BAC dropped down to $45/share

Conscious_Project485

I was holding @ 20 stocks in my portfolio, including half speculative. I went YOLO and sold almost everything, loss or gain. Took my gains on 400 WBD and SOFI shares, 200 F and 100 BAC. I scooped up 100 AMZN shares at a price that I thought I would never see this low again. I used every last dollar to finally scrape 96 shares of ANET, which reports earnings on 8/5 this week and is expected to hit it out of the park again... Still hung onto 100 shares of NVDA and PLTR, although it hurt watching them plummet today. It's scary that I just sold all the stocks with dividends I had recently purchased to balance my specs, but that's my YOLO! I wanted to chase UNH shares at this price, but with lawsuits pending, my balls aren't THAT big!

Eiiiights

Just put two pizzas (separate racks) in at the same time... .. Can't wait til to see how they blast my blood pressure P BAC

erichang

I had about 750K in 2007 when we all know the interest rate will definitely going down for the next year. I moved about 250K to bond and leave about 500K in SP500. Wish I had moved more. Anyway, market crashing is not a problem for me (to win big). The problem is in 2009 and 2010, I still have no faith in buying BOA (ticker: BAC) at below $10. Ended up with $14 cost average in 2014 for about 400K position. You would think the whole financial crisis in 2008 is a 1 month event. The truth is that it last many years for stock market. Even if you had bought BAC in 2009 for $5 like Buffett, in very likely situations, you may lose your shares in Nov 2011 for $5.5 or $6 a share and padding your back for a win. 20% gain in 3 years is not too bad actually, given the circumstance. In fact, same thing happened to my BAC position. It went up to about $17 in 2015 and dropped to $11 in Feb 2016 and everyone was panicking thinking 2009 or 2011 might repeat itself. Don't fool ourselves to think we can get BAC at $5 like Buffett is the first step to become a successful investor.

Florida_Man0101

I lost half my wealth, but buying BAC a week after bottom made me feel worthy again.

AnselmoHatesFascists

I bought all the banks, Citi, BAC and even AIG because those were all beaten down on talk of getting nationalized by the Obama administration. In retrospect, complete crazy talk. But it was a great example of when they say that buying when everyone seems to be panicking is a fast track to building wealth.

RepairmanJack2025

BAC raises AMD price target to $200. 'Bout time.

Terrible_Toe

I think BAC & TD... infact most banks are a little high right now.