BAC

Tiddlychinks

Yes but it’s not as good as measuring intoxication as a breathalyzer for BAC.

504Kris

Thinking of shorting BAC because of Oracle.

SteakEater137

I like how BAC is being punished for giving realistic forecasts about the oil situation. The market will beat you down if you dont portray blind euphoric optimism

Solid-Mood9571

BAC dip

Crema2713

BAC calls for a swing trade

Crema2713

might get 90 calls on BAC since they hiking rates

SDOT_yolo

So what are the chances of my $BAC calls being green tomorrow?

SDOT_yolo

Well calls are stupid and puts are obvious.... so what I'm hearing is $60 calls on $BAC?

tragedywasforesworn

Who's holding BAC 60p till friday Should I take profit or wait for mid 50s

Specific-Chemist-353

What if you’re wrong and they hold tight until 10/27? Picking up naked calls on BAC could be interesting. No ifs, ands, or buts about that, except my regardedness.

CantaloupeSea48

BAC pulled the rug

hayleybts

why would BAC betray me like this???????

Supertainment

Bank of America $BAC CEO Brian Moynihan says Q3 sales and trading revenue is expected to be roughly flat year over year. He also expects Q3 investment banking fees of about $1.6B to $1.8B.

fredditf

BAC CEO Brian Moynihan says Q3 sales and trading revenue is expected to be roughly flat year over year. He also expects Q3 investment banking fees of about $1.6B to $1.8B.

Muddykip

Tf happened to BAC and the other banks in the past 30 minutes

JuanPabloElTres

Can you elaborate on shorting same issue stocks - e.g., how you identify which ones to short and then when to exit. I have notice that some of the BAC preferred are reading at different yields for the same priority preferred - e.g., BACPRP versus BACPRQ. Seems like some they're issued by the same company and have same debt seniority the market should be giving the same yield. Seems like there might be an arbitrage opportunity though although I'm not sure how to capitalize on it.

DennyDalton

If the current yield is attractive to you and you are willing to hold even if rates continue up, go for it. You can bump that yield up by swapping preferred issues, though that's harder to do when preferreds are being routed - in this case (BAC-O, BAC-P, BAC-Q and BAC-S). I own BAC-O and BAC-Q. On down days, I short as much as 50% of my preferred holdings with same issuer preferreds. In this case, that's BAC-M and BAC-N. Shorting isn't for someone without experience and discipline. The shorting reduces (not eliminates) the loss of principal on my long positions and I take those short term gains and buy more. Avoid the high borrow rate stocks and get out of the way of ex-div dates because short sellers pay the dividend to the lender.

I_killed_the_kraken

If you expect interest rates to rise, which is what the data from FedWatch and Polymarket suggest, there are several options: * Banks: $JPM; $BAC; WFC; $USB. * Brokerage firms: for example, $SCHW. * Insurance companies: $ALL; $PGR. * BDCs with predominantly floating-rate portfolios: $ARCC; $MAIN.

hugh2018

I’m not ignoring your data points; they just don’t prove the price math you think they prove. You are entitled to your own opinion, but you aren’t entitled to your own facts. Let's address the exact facts you cited and look at what the math actually dictates: Fact 1: The 10-year Treasury has stayed under 5% for most of the last 25 years. That is true. But the 10-year Treasury sitting under 5%—say, at 4.0% to 4.25% in a normalized, non-recessionary 3% Fed funds environment—does not price BAC-PRQ anywhere near $21 or $25. Fact 2: A 6.75% preferred yield today is historically elevated. Agreed. That makes it an attractive yield to clip if you want high income. But the fact that 6.75% is high doesn't mathematically unlock a 33% to 60% capital gain unless yields collapse to levels unseen outside of zero-rate regimes. Here’s the math that you can’t explain away. BAC-PRQ pays a fixed coupon of $1.0625. For the price to hit $21, the market yield must drop to 5.06%. For it to hit par ($25), the market yield must drop to 4.25%. If a standard investment-grade bank preferred demands a \~175 bps credit spread over the 10-year Treasury, the 10-year yield would need to drop to 3.31% just to see $21, and down to 2.50% to see $25. The 10-year Treasury did not average 2.50% over the last 25 years outside of post-GFC ZIRP and the 2020 pandemic shock. Your facts support the thesis that 6.75% is an attractive entry point for income. What they do not support is the thesis that a return to a standard, non-crisis interest rate environment hands you a 33% to 60% equity-like capital windfall. The pricing formula is fixed: Price = 1.0625/market yield. The yield has to go where the math says it has to go to produce those dollars.

hugh2018

No AI needed, just basic bond math that you keep ignoring. I’m pushing back because your ideas are wrong and I’ve given you plenty of detailed reasons why, yet you persist. It’s as though you think repetition will make these ideas come true. Nobody is arguing whether 6.75% is historically elevated. The entire issue is your claim that you get an equity-beating 60% capital gain (to $25) or a 33% gain (to $21) simply by waiting for rates to normalize to a 'neutral' 3%. Let’s look at the actual mechanics: BAC-PRQ pays a fixed $1.0625 per year. For its price to reach $25, the market yield must fall to 4.25**%** ($1.0625 / $25). If preferreds carry a standard 150–200 bps credit spread over the 10-year Treasury, the 10-year yield would need to drop to 2.25%–2.75% just for BAC-PRQ to trade at par. That isn't a 'neutral 3% policy rate' environment; that is near-ZIRP or deep recession pricing. For BAC-PRQ to trade at $21, its yield must be 5.06% ($1.0625 / $21). If the Fed sits at a neutral 3%, a normal upward-sloping yield curve puts the 10-year around 4.0%–4.25%. Add a normal 175 bps bank preferred spread, and the market demands \~5.75%–6.0% yield on this paper—pricing it around $17.70 to $18.50, not $21. If your thesis is simply: *'I want to lock in a 6.75% qualified dividend on a high-grade bank and hold it indefinitely,'* that's a completely rational income trade. Where the argument falls apart is marketing it as a lower-risk alternative to the S&P 500 with a baked-in 33% to 60% capital upside under normal economic conditions. You take unhedged duration and subordinated Tier 1 capital risk, with the upside strictly capped at $25 if rates plunge, and zero growth to fight inflation if they don't. That's not broken data; it's just the structural reality of the instrument.

hugh2018

I understand your math perfectly; what you are missing is that your math relies on broken macroeconomic and structural assumptions. You are assuming that if the Fed cuts the policy rate to a 'neutral' 3%, the 10-year Treasury automatically sits at 3%, preferred credit spreads magically contract to zero, and BAC-PRQ immediately trades at a 5% yield ($21.24). In reality, a 3% neutral Fed Funds rate in an un-inverted, normal upward-sloping yield curve implies a 10-year Treasury yield around 4.0% to 4.5%, not 3.0%. Subordinated perpetual bank paper historically commands a 150–250 bps spread over the 10-year. Add a normal 175 bps spread to a 4.0% 10-year, and BAC-PRQ yields 5.75%—pricing it at $18.47, not $21.24. BAC-PRQ briefly touched $21 because markets aggressively priced in imminent recession cuts and near-zero rates, with the 10-year dropping toward 3.6%. The moment growth held up, that price evaporated. Claiming $21 requires either an inverted curve, an emergency return to ZIRP, or credit risk disappearing from bank capital structure. That is why framing this as a routine 'neutral rate' outcome is fundamentally flawed. You keep treating this like a bond that gets pulled toward par. Because there is no maturity date, there is no redemption anchor. If yields stay higher for longer, the mark-to-market loss is permanent. If rates drop to zero, BofA calls the shares at $25, permanently capping upside. If rates rise to 6%+, there is no floor. You absorb unlimited downside for strictly capped upside. You equate BofA's size with safety, ignoring that preferreds are explicitly engineered as loss-absorbing Tier 1 regulatory capital. In stress scenarios, preferred dividends are non-cumulative and can be halted long before senior debt defaults. Equities absorb volatility in exchange for growing earnings, dividend hikes, and pricing power. A perpetual fixed $1.0625 coupon has zero growth, guaranteeing purchasing power degradation over a 10- to 20-year horizon. You admitted this is essentially a rate-cut duration bet. Taking junior bank credit spread risk, non-cumulative dividend risk, and call risk to express a duration thesis is an uncompensated risk trade-off.

hugh2018

You are moving the goalposts. Your original post claimed a 60% upside to $25 based on waiting out interest rate cuts. Now that the duration and yield math has been laid out, the thesis has shrunk to a hypothetical move to $21. At a 4.25% coupon ($1.0625/yr), BAC-PRQ trading at $25 means a yield of **4.25%**. For a perpetual, subordinated bank tier-1 issue to yield 4.25%, the 10-year Treasury would have to sit near 2.0%–2.5% (assuming a historical 150–200 bps credit spread). That is not a "neutral rate" environment; that is emergency zero-interest-rate policy (ZIRP). No one said the S&P 500 doesn't have volatility. The point is that equities offer earnings growth, dividend increases, and inflation hedging to compensate for volatility. Preferred stock gives you equity-subordinated balance-sheet risk with a permanently fixed coupon. If inflation persists and the long end stays elevated, your purchasing power decays forever because there is zero maturity date to redeem your principal. When the economy weakens and the Fed cuts short rates, credit spreads on junior bank paper widen. That is why long-rate drops do not transfer 1:1 into preferred share price gains. If you like BAC-PRQ for high current cash flow in a taxable account, that is a defensible income strategy. But marketing it as an asymmetric play with "60% upside and less risk than equities" ignores the structural mechanics of fixed-rate perpetual preferreds.

hugh2018

You are still missing the mathematical reality of fixed-rate perpetuals and conflating credit default risk with duration and structure risk. The math doesn’t work for $21: BAC-PRQ pays a fixed coupon of 4.25% ($1.0625/yr on a $25 par). For the price to hit $21, the market yield on this issue must fall to \~5.06% ($1.0625 / $21). Bank preferreds historically trade at a 150–250 bps spread over Treasuries to compensate for subordination and perpetual duration. If the 10-year drops to the Fed’s neutral rate of \~3.0%, a normalized spread puts BAC-PRQ yielding 5.0%–5.5%, pricing it between $19 and $21 *at best*. You don't get a 33% gain just because rates normalize; you need long yields to collapse back to near-zero ZIRP conditions. You’re treating the 6.75% current yield as free money while you wait. If the 10-year yield moves from 4.9% to 5.5%—or if long-term inflation expectations shift higher and the yield curve steepens—a zero-maturity fixed paper with infinite duration will drop another 15%–20% in price. That completely erases 2–3 years of your dividend income in mark-to-market losses. The S&P 500 isn't risky just because companies go bankrupt; it’s an asset class where companies grow earnings, hike dividends, and buy back shares to combat inflation. BAC-PRQ has none of that. You take full subordination risk (it is Tier 1 capital, meaning common dividends get cut first, but preferreds are explicitly engineered to absorb balance-sheet pain), zero dividend growth forever, and zero maturity guarantee, all for an equity-like spread. If macro conditions push long yields significantly lower, BofA calls it at $25—capping your upside. If long yields stay elevated or rise, you are locked into a sub-par yield on capital you cannot pull out without selling at a loss. If your thesis is purely "the 10-year Treasury is peaking at 4.9% and heading lower," buying actual long-term Treasuries (like 20+ year bonds or TLT) gives you the exact same interest-rate upside without credit spread risk, non-cumulative deferral risk, or call risk. Why take junior bank capital risk for a trade that is purely an interest-rate duration bet?

hugh2018

I think you’re confusing** **perpetual preferred stock with a standard maturing bond, misunderstanding** **duration risk, and ignoring the asymmetry of embedded call options. You’re looking at the $25 liquidation preference and assuming the stock must eventually return to $25 if you simply wait. Bank of America Preferred Series Q (BAC-PRQ) is perpetual—it has no maturity date. Bank of America has the *right*, but zero obligation, to redeem it at $25. A company only exercises a call option when prevailing interest rates have plummeted so low that it can refinance cheaper. If rates remain normal or elevated, the issuer will happily leave the shares outstanding forever while they trade at a steep discount. Because perpetual preferred shares have no maturity date, their effective duration is immense. As the first commenter rightly pointed out, their prices are often more sensitive to long-term interest rate shifts than 30-year Treasuries. Preferred stock offers asymmetric downside. If rates surge, the price crater has no floor; there is no maturity payout at $25 to pull the price back to par over time. If rates plummet, the price upside is strictly capped around $25 because the issuer will simply call the shares away. In your later comment you said that if the Fed cuts rates to 3%, the stock will automatically see 30% to 40% capital appreciation. The Fed controls the overnight rate; preferred shares price off long-term corporate credit spreads and long-term Treasury yields. If the yield curve un-inverts or steepens (long rates stay at 4.5% even while short rates drop), perpetual preferreds will see very little price movement. You stated this offers "less risk and volatility than the S&P 500" because Bank of America is a top-tier bank. Preferred stock is subordinate to all senior debt and tier-2 debt. In a systemic banking crunch or capital-adequacy mandate (as seen in recent regional bank shocks and Credit Suisse's AT1 wipeout), bank regulators can force banks to defer or eliminate preferred dividends to preserve Tier 1 capital. Bank of America common stock can fall 40% while paying its dividend, but preferred holders take direct volatility with none of the infinite earnings upside that equity owners enjoy. You are essentially treating a perpetual, call-capped, high-duration instrument as a guaranteed equity-like compounding machine. Preferreds can provide a steady income stream, but banking on a 60% capital gain without factoring in call asymmetry or perpetual duration is fundamentally flawed.

furiouschads

BAC PRQ is callable. Consider BAC PRL, which is not callable.

HystericalSail

You can pretty much pick your duration. The highest yielding ones are the ones furthest out, to 2075. Well, highest in USD. [https://www.tradingview.com/symbols/NASDAQ-GOOG/bonds/](https://www.tradingview.com/symbols/NASDAQ-GOOG/bonds/) Looks like the ones I'm eyeing are now yielding 6.6%, and 13% discount to par. The profit potential for trading over par in case rates drop is not there since they're callable. Anyway, BAC.PRQ is now on my radar. I've pretty much decided on distributing TLT, but not which other fixed income I'll rotate into. I don't expect my hedges to outperform the S&P long term. That's why they're hedges. They are a cost, like any other insurance.

Legitimate_Height424

Curious to see what people say...from what I have read, bonds are attractive if you think rates will be meaningfully lower in the future (or if you are in retirement and want that yield). In the current situation, it looks like the Fed won't be able to meaningfully cut or raise the rates (sticky inflation, and high government debt issuance) for the foreseeable future (hence yields rising as much as it has). Add demand dropping for bonds, and it goes even more against your thesis or low rates in the future. Also, Bank of America has no obligation to buy BAC-PRQ back at $25.00. They will only call the shares if they can issu*e* new preferred shares at a lower interest rate...which means lower than the 4.25% they borrowed at in 2021....which with the premium preferred stock carry, is more like a 2-3% fed fund rate. Answer: Yields would have to go much higher to start attracting equity investors.

2QuarterDollar

He needs to find a new gimmick a new narrative. Last year it was tariffs, then Iran, now it looks like he wants to play a game with the Fed. But the midterms are also coming up so I can see him attacking banks again because of high interest rates (tickers: COF, SYF, JPM BAC) he might attack or praise a specific regional bank as well. That’s were the options plays could be short term. He might also play a game with big pharma cause TrumpRx is not really taking off. And the insurance claimers like UNH, CNC, Humana might catch a stray here and there before the midterms

YaDunGoofed

I had 3k in Tesla at a market cap of 3b. I had 6k in BAC when it cost $5 I had 5k in Apple when its market cap was in the 200-300b range I only had 20k, so that was an educational opportunity cost. I have 0k of that left because I spent it all

SteakEater137

Ah yes, BAC finally pumping based on news that its joining with other banks to make a "stablecoin" pegged to the US dollar. I was just thinking that we need another redundant version of the dollar that's more expensive. Seeing how high inflation is, I have no doubt whatsoever that this stablecoin will have an excellent return on investment. Who wouldnt want to invest money into something that at best is just worth the currency you already use?

MrNo_Balls

So BAC executive got murked, what does that mean for my BAC stock?

kim82352

> $BAC | Bank Of America Vice President Killed In Times Square Stabbing -

panda_sauce

This goes much deeper, but TL;DR: * They're growing revenue over +100%/year with a 55% profit margin. * The market is mostly pricing them as a lender, not a marketplace. But, as of the Q2 earnings, more than 50% of revenue now comes from capital-light marketplace fees. * For the vast majority of the lending book crossing the marketplace: * They don't pay for marketing (their partners do). * They don't fund the loan (their partners do). * They don't buy the loan on the backend (their partners do). * The purchase market is frozen below 2008 transaction levels: * People don't want to lose their current low-interest rate loans and inflationary pressures are building from AI capex, the Iran war, and Treasury debt worries. * In this environment, HELOCs have massive tailwinds, because they allow people to tap their significant home equity without losing their low-interest mortgage rates. * The market is pricing a terminal (future) HELOC market share below where they were 2 months ago - and the rate of market share capture is *increasing*. * The only "sell" analyst rating is from a direct competitor (BAC), who also very likely just saw FIGR overtake them in market share (BAC won't report their figures until the end of the year; FIGR self-reports public weekly numbers which are third-party verifiable). * If you're a technicals person, the share price just closed above the 200-SMA; you missed the early bounce, but we're now in "confirmation" territory. My own model (that I've been building + tuning for months) is targeting a \~$88 share price, primarily limited on hitting limits on backend capital availability: |Case|What has to break|Value|Weight| |:-|:-|:-|:-| |Acceleration|nothing breaks, funding just scales|$253|7%| |Bull|funding ceiling is high, ramp normalizes|$187|24%| |**Base**|**distribution limits reached**|**$88**|**43%**| |Bear|pricing compresses + de-rate|$27|20%| |Tail|regulators recharacterize the product|$6|6%| (Note that the "tail" case here is basically the risk that regulators change all the rules around how the HELOC market works in a way that shatters the business - extremely unlikely, but included for due diligence; FIGR is also already diversifying the business.) I hold a significant long position. Happy to go deeper into the mechanics of *why* FIGR's marketplace works so efficiently that it's attracting 100+ new partners a quarter; it takes some explaining of how funding of the entire housing market works.

Delicious_Put_5857

my BAC

Gunk_Olgidar

I don't know of any AI bots that format this way or use grammar like this. But the the one sentence paragraphs make it harder to read, not easier. Grouping your concepts into paragraphs will make it easier to follow your thoughs. NVDA doesn't want to be in the data center business, which has awful ROI. Huang role is to hype up the cash train to fund the DCs so there's more customers buying his products. And last Friday he was trying to redefine his 3-4 year service life products as a "utility" in a lame attempt to get underwriters to reclassify the assets for longer service life. Ain't gonna happen, which is why you likely won't hear any more of that BS. And his latest ploy was for only 500B with 1T already "spent" in the AI DC bubble. Huang's bargaining/begging means the big Wall Street credit market is tapped out until the bills start getting paid, unless the asset class rules are re-written. And that's bloody unlikely. With bond rates rising, the cost of money is already pulling back on the reigns. So only retail bag holders are left to fund the hype -- which ain't much. It's certainly not going to get them to the 5T numbers they were throwing around. The monthly payment on a 1.5T is 2.2% per month for a data center, or $33B per month. That's just over $4 per person on the planet on average. And there aren't that many folks paying for AI services at all, much less enough to cover $33B/mo, which doesn't count the rest of the revenue needed to cover all the other costs of doing business, which will be at least another $2 pp/mo. Yes there are a lot of parallels to the setup of the Y2K bubble, which unlike this AI thing had a very clear and obvious horizon of 1/1/00. Cash was infinite in the late 1990s. Tech companies could not spend Wall Street's cash fast enough. It was drinking from a firehose. Then the water got shut off 3 months later in March 2020. But it took another 2 quarters of gathering bag holders before the market got rug pulled. Lived through that one first hand. Made a lot of money selling early in 2000 and then buying the dip in 2003. That obvious "end of Y2K" was obvious given the date and that everyone and their brother had spend their next 5 years of IT budgets already, so getting out of tech was the obvious play. The overnight market crash didn't happen in 2007-2009 with CDOs either, even though the "Margin call" trigger event was abrupt for Wall Street and those who sold Burry their shorts. The Big Short multi-mortgage-liar-loan thing was all very real where I live, so it was very easy (for me) to see it coming. Sold in Q4 2007 and bought back in March 2009 when BAC was too big to fail at $1.91/share. But that also took 20 months to bear out. When the useful idiots at OpenAI delayed their IPO, that was your first early sign of the AI top. And June was your first dip that followed. What happens going forward will depend on how well the first 1T of capex gets paid off. So keep an eye on whether it's via AI business revenue, or ponzi-borrowing. Wall Street can typically cover bad news for a couple quarters, but then even they run out of money.

DoubleFamous5751

Lololol why tf is PFE and BAC there?

m0n3yF4nM4n

Did similarly. As a one-time traveling competitive gamer (CS/SC2/WC3) that'd lug my custom PC to tourneys and such, while being a broke teen that didn't come from means - my shit never had celeron/pentium/or i series (got out the game right as those took over) cpus with a GeForce, nah - I rocked K6s and Radeon 6-9000s. Easy to overclock & didn't break the bank so I could splurge on maxing out ram. Fast forward to 2015, sitting in my lame ass (yet very steady paying) cubicle gov gig stamping papers, I decided it was time to actively invest. My uncle who's been my sensei in all things life since the get taught me not to overthink shit and either invest in broad funds or to just "buy what you know", so naturally started my portfolio with some telecom which clearly wasn't going anywhere, vzw and T were out my budget, so bought a bunch of sprint, why not - they were my carrier so felt right. Wanted exposure to banking, and JPM/WF were out my budget, but the bank I used at the time, BAC was affordable, especially once brexit happened and it fell to like 11 the day after. Withdrew every bit of cash I could, transferred as much as I could, and bought as much as I could with it that. Barclays as well. Felt like a logical thing to do. Article after article dropping daily about all the big auto manufacturers signing deals to advance the self-driving mission they were on, combined with IoT taking over every household appliance, it was pretty fucking clear chips were about to be in places other than my computer and servers. Intel was out the budget, plus was on like a decade long horizontal snooze fest and far from sexy, so naturally, I decided to check out the makers of my once-beloved athlons, and figured it was a no brainer. Su Bae seemed to be beloved by folk on various forums, there was buzz around upcoming projects, yet sitting at a couple bucks... Had another "fuck my savings account" moment my then GF was *not* a fan of, but fuck it - got my first round at $4.50. Shortly after it became clear I was not the only one with this idea, so got a second round at $6, another at $7, then another at $9, then $12. Did foolishly premi a bit and chose to sell a small chunk at $15 all proud of myself, but all good - did need some cash at the time, and can't change the past, but let the remaining \~900 or so ride. Yada yada yada - now my one-time "broke kids PC" athlon/radeon underdog darling is hovering around 5 bills. Tl;dr - sometimes there's a deal you feel is right and can't pass up on, just gotta take action. Worst case scenario, you learn a lesson that'd set you back a few k. Non worst case scenario, well, that couple grand goes 100x.

cryptohorn

Is papa buffet finally gonna dump BAC. Find out today

Jericho3434

Financials have been killing it. BAC up over 35% last 52 weeks.

Successful_Car1670

The fact that there’s very little news for clicks telling me JPM or BAC are bearish tells me all I need to know

JackORoses

Gambler juices = a 1% BAC

Ok_Cry7572

BAC (BofA) went from $46 to $64 in a single quarter, the kind of rocket performance you'd expect from an AI stock, not the nation's second-largest bank! Up 40% since late May 2026. It all comes down to real rates, inflation, and expectations for future rate hikes.

threebboyz

Bought BAC $60 9/18p. I own 200 shares @ 19.54 but I have a feeling a little selloff is on the horizon...

cryptohorn

Holee shyt I just looked at BAC for the first time in a long time. I remember when they were gonna nationalize banks so bank stocks were close to $0. Better times.

wlaxboy1

do i sell a $1.86 BAC 9/18 call?

Spac55

Leverage unwind is more painful than anything. Size of AI debt , Too Big to Fail ? At GFC-2008, $AIG Lehman, $BAC $C $MS $GS struggled to survive in 2008. “Situational Awareness “ blow up $45 Billion for leverage. All datacenter on debt load is worse than CDO of CDO Look market cap of semi and many cash burning Zombies or even all semi. $SPY $QQQ $SMH $MU $NVDA https://preview.redd.it/ikjp07kvkuih1.png?width=752&format=png&auto=webp&s=fb5597e1e9465f40af3f2a0fcea2edd0587705e7

Spac55

Situational Awareness hedge fund liquidated all $45 Billion holdings. $GS $JPM $BAC big 3 prime broker moved together to raise cash, failed, liquidated. They did fast, before bank run like 2023, after $SIVB, $FRC, $CS

h4ckerkn0wnas4chan

I mean I can always just hold onto them, I already broke even with the first sell so my VXX can patiently wait another few months. I just don't want to miss out on a higher return like I did with my BAC when I sold it in May after buying in of April last year.

Capable-Commission-3

Analysts at major firms post their ratings and price targets every few months. Could be JPM, BAC, MS, Bernsteins, among others. Analyst ratings mean little generally. Maybe gives you a vague idea of the company outlook. But the way Robinhood presents it, it’s useless. Those ratings could be a year old and irrelevant. StockAnalysis.com does a better job presenting the info. Gives the average analyst estimates for revenue/earnings/free cash flow in the coming quarters/years. That’s what’s most useful. Also the specific analyst, price targets, and dates posted.

Spac55

Situational Awareness hedge fund liquidated all $45 Billion holdings. $GS $JPM $BAC big 3 prime broker moved together to raise cash, failed, liquidated. Its holdings $BE $SNDK $CRWV $IREN $CORZ $SKHY $NBIS & many semi. when GS, JPM, BAC prime broker couldn’t save 45 Billion hedge fund Do you think they save Trillion crash of NVDA ?

lysergicjackboi

short BAC

lysergicjackboi

BAC short

Swearwolfofwallst

All we need is one of the dino fucking banks like WFC, BAC to realize they still can't make a website or mobile app anyone can tolerate under 40 years old and just buy Sofi. What are they at, 15m customers? It's pretty crazy WFC has 40m customers, BAC 70m, granted theirs will generally be more boomer-y probably with more money but those demographics will change in the next 10 years. Either that or for SoFi to get federal student loan admin contract. 2025 hype? I'm still hoping for 2020 hype...

Due_Marsupial_969

Also problematic is the fact that it's not something the market doesn't know. Guys like me aren't exactly balls deep in these hail Mary stocks cuz I think AI and tech will not be printing money versus QQQ or VOO or BAC in 5 years.

Fauster

Because Goldman, JPM, BAC, all gave it to him. I'm sure he'll use the language of Long Term Capital Management, run by Nobel-winning profs, who said it was a six-sigma event. I mean, what are the chances that Russian markets could collapse at the same time as the Ruble? Inconceivable! What are the odds that IGV could rally (the funding source for SMH this year) at the same time semis could crash? He's got a balanced book guys. He is hedged. He won a math prize. Give him 4x margin!

Icy_Instruction_7400

Banking and chip stocks like BAC, rtx, appl are doing well. Let’s just ignore gold man sacks tho

Itchy_Pudding_9940

trickle buying AMD and DELL.. IBM.. heavily beaten down tech. long on GOOG and BAC. FANG and VLO on dips. buying QQQ in blocks.. it's 9 or 10% from all time high and historically always goes back to ATH so a pretty safe bet

Sufficient_Habit5091

So say I JPM make a loan to you for $10k. Yes I digitally print that money into your checking account. But once you actually SPEND that money and pay a contractor let's say, it has to show up on *their* account say at BAC. To do that you have to subtract from JPM's account at the Fed. Makes sense?

SomePolack

Does pissing lower BAC SEARCH

brucekeller

I bought $15k worth of calls at SPX \~670 and they were calls on mostly banking stuff, C, BAC, FAS etc. I sold 2 days later for a meager profit. The calls were 2 months out. A lot of those stocks tripled or quadrupled in 2 months. I try not to think about how much money that would have turned into... options were also a lot cheaper back then. Easily $1m play I think. :\\

hayleybts

Or BAC if you have to invest

hayleybts

I like BAC, it's so stress free

orcassharks

That’s like having C, BAC, LEH, WM as your entire portfolio during the Financial Crisis. Full disclosure I’m an ORCL bag holder but at $136 entry lol.

octopus_serenader

Wtf GS JPM and BAC get a pump but Citigroup drills?

empty-bensen

Glad I was bullish on BAC in May. Just needs to stay high and generate bags from the dividends.

L0pat0

JPM and BAC both with definitive beats but both down. I’m blaming IBM for some reason

No_Zookeepergame_27

Algos selling BAC and JPM despite their beats.

theJimmybob

Do this long enough to know that this has probably never happened... seeing $JPM , $WFC , $BAC , $C , $GS all report earnings this morning

Spac55

$ORCL it was $1 Trillion, 6 months back. Even this price was before AI data center push by more GPU demand spike. Same for $MSFT 555 to 390. Life without internet Life without smartphones Life without AI, impossible $GOOG $AMZN $META $NVDA $MU $BAC $WFC $JPM all adopt AI.

fartificial_degen

what I meant is that I expect BAC, CITI, GS, WFC, JPM stocks to be down by 2-5% before Friday regardless of how the earnings go. oh and HSBC.

itsnotshade

Surprised you didn’t go for BAC. They’re probably the only ones not mixed up in private credit, which is pretty much a ticking time bomb considering where rates are headed (flat) as refinancing comes due. I’m always big on banks leading up to earnings but they seem to be lousy during the actual calls, despite them always posting winning numbers every time.

Independent-Egg9086

This week earnings: Bank of America (BAC) and JPMorgan Chase (JPM): Both report before the market opens on July 14. Tuesday, July 14, 2026: Aehr Test Systems (AEHR) July 15, 2026: ASML Holding (ASML)  July 16, 2026: Taiwan Semiconductor (TSMC) 

ImpressionAny1078

if you're thinking about selling puts or covered calls on any of the big banks right now, just remember earnings are right around the corner for JPM, BAC, GS etc. the premium is bloated for a reason. not saying don't trade it, but size down or go shorter duration so you're not holding through the print if it goes sideways.

Mysterious-Device-53

I'm probably an alcoholic by definition, but I guarantee I only get better with BAC I know this is not every case

AnotherNOP

I would check out Berkshire Hathaway's holdings. They are always solid. **Top 9 holdings by portfolio weight:** |Ticker|Holding|% of Portfolio|Value| |:-|:-|:-|:-| |AAPL|Apple|21.99%|$57.8B| |AXP|American Express|17.43%|$45.9B| |KO|Coca-Cola|11.56%|$30.4B| |BAC|Bank of America|9.52%|$25.0B| |CVX|Chevron|6.64%|$17.5B| |OXY|Occidental Petroleum|6.55%|$17.2B| |GOOGL|Alphabet Class A|5.93%|$15.6B| |CB|Chubb|4.24%|$11.2B| |MCO|Moody's|4.09%|$10.8B| ||

MsHathaway

ECB ad UCB are 2 favs but wait for a pullback. I always buy the lows, when everything else is down banks will survive. Of course BAC and BNY too,

hayleybts

BAC and relax

Spac55

Soon big banks and BigTech give strong earnings Looking great Q2 earnings by many big banks $C $JPM $WFC $BAC $GS $MS space all in $XLF. All big tech in $QQQ $SPX $NDX will give strong earnings, followed by big buybacks. Whole semiconductor sector $SMH $AMAT $ASML & many got a big boost from earnings spike

hayleybts

I like BAC, It's stress free

reddevils097

SPY and BAC calls

GumballCowboy

I wasn't paying attention to MU this year, so I missed the opportunity. Now I'm hoping it drops further so I can build a position—then, of course, I'd like to see it recover. I'm not rooting for anyone to lose money. Over the past five weeks I've sold a lot of positions using stop limits to protect my gains. You can't time the market, but at this stage I'd rather lock in profits than risk giving them back. Ironically, everything I sold (META, MSFT, GOOG—all in my IRA) has continued higher. You can't complain about gains... but I still do. 😂 I now have more cash than ever parked in SWVXX, and I'm trying to figure out when to deploy it. I don't want to miss a major rally, but I also don't want to buy before a bigger pullback. I get that If everyone knew the answer, we'd all be rich, so I'm doing as much research as I can. I even considered buying 1,000 shares of MU, but that's a big allocation and gives me pause. How much lower do you think MU could realistically go? Congrats to everyone who bought at lower prices. My biggest investing win was BAC—I bought around $5, sold at $41 after about 12 years, reinvested the dividends along the way, and turned a $100K investment into roughly an $800K gain.

brucekeller

Some people have such jacked digestive systems that they actually make their own booze in their gut and get drunk. One person was found with a legally drunk BAC but monitored like 24 hours beforehand to prove they weren't drinking in secret and whatnot. I think they are usually fatties.

SilliestGooseOG

Probably have been the best times like BAC in 08-2010

Affectionate-Idea690

The bank is urging investors to prepare for market downturn this summer. -BAC

empty-bensen

BAC at an all time high and up more than $11 per share since March.

empty-bensen

BAC continuing its Warpath

Amazing_Candidate976

Show me the monumental data that retail is mass buying CLOs and that it means it’s the end-all for them. You say they are mainly bought by institutional investors (which they are), but then say the buyers are retail investors in the TLDR, presumably meaning they are the bag holders. As far as I’m aware CLO ETFs are a retail buyers only prominent access. BAC isn’t slinging CLOs directly to your neighbor and uncle. If this implodes, the market as a whole will just respond negatively and affect everyone regardless. I don’t think retail has any weight in the private credit narrative. I wouldn’t be surprised if this recent push for privates into mass retirement funds like target dates is to preemptively stop some type of bleeding and they can get more inflows to do shady shit with and cushion their regarded choices or cash grab fees.

empty-bensen

BAC generational run since the beginning of June. Correctly being bearish on AI and microchips pays off.

No_Feeling920

Banks like Citi Group (C), BAC only made it back recently (nominally). Utilities like EXC or PCG. If you adjusted for inflation, there would be more. I'm not an encyclopaedia. Try Google.

empty-bensen

BAC going up, just like mine with champagne after buying in below 50.

Base-Case2169

Personally, I opened a large options straddle in BAC expecting a vol spike in either direction. I'm not sure how the market is going to interpret the FOMC remarks, but any deviation from the current rate regime will likely have an outsized impact on the yield curve. As a result, I expect to see that volatility manifest in a material move in the US banking sector. Currently waiting as this market remains relatively calm in the run up to the new fed chair statement.

empty-bensen

BAC has been going on a tear the last two weeks. I guess dooming retail investors and buying up options pays off.

zxc123zxc123

You mean VOO. VT is getting SPCX allocation immediately. S&P500 will wait until it can meet the 1 year profitability requirement. At earliest summer 2027. Meanwhile VOO is heavily concentrated in GOOG/GOOGL/BRK/BAC. GOOG/BAC who bought into SPCX at a way lower price pre-pandemic. BRK who has shares in GOOG/BAC. Then JPM/BLK/GS/MS who will make money off the SPCX ipo. The real winners are those dumping the bags or making money as the middle men.

zxc123zxc123

I'm not going to say he's right all the time but folks think he's still a bear when he's not? Dude used to be a hedge fund guy so he'd be short or neutral. Hedge funds aren't designed with the goal to beat the S&P500 or whatever benchmark. They are designed so rich folks can under perform the S&P500 but sleep better knowing if shit happened they'd have some insurance policy. During the GFC many of those hedge funds didn't pan out. Michael Burry's did. Then MB close his hedge fund and opened Scion capital. It's mostly personally owned so he didn't have to deal with investors or whatever. It's NOT a hedge fund so he's been mostly long but he's still a hedgefund/contrarian guy so he'll opportunistically short. He's made both right calls and wrong calls. I remember I went long TLT when he was short and Buffet was short/neutral. Dude caught the bottom for the China tech. Also made money with the quick in&out on the TSLA short. Dude isn't like Chanos so he doesn't commit to shorts, but he's also not like Buffet so he'll exit longs quickly too. That's why I don't even try to mirror his plays like I do Buffet who I use as a "Berkshire will do the vetting homework for me" (bought BAC a bit lower than Buffet did in 2020. Also started stacking AXP which has turned out pretty great). Twitter MB however is the worse. He'll say sensationalist shit for personal reasons. Either cause he's off-spectrum or because he wants to manipulate the markets. It's even more worthless than looking at his 13F. Folks should realize by now that free investment advice on the internet is worthless if not worth less than that cause if it's worth 2 cents then they'd have charged you that $0.02.

greenpride32

Investment bankers (let's say at shops such as GS JPM MS BAC etc) work on these deals - and then you've got employees at both FOX and ROKU - I'd be shocked if there weren't leaks - and that's why there always are.

ybl84f1

This might be useful information in certain situations - but in other cases it makes no sense. And where it possibly may make sense its simply supportive data - nothing to trade on absolutely. The claim is that "Air Pockets" are price points that were thinly traded and not many people are invested so there's nothing to "grab on to" if say the price is dropping. The theory is that not a lot of people bought the stock at that price so there's less chance of some transaction to occur (e.g. investor selling on the way down before a loss occurs for example). One issue with this theory is that the volume profile is specific to a time period. The "air gaps" and "point of control" of a volume profile for (say) a single day can be (and almost certainly will be) completely different for a time period of (say) 3 days. That same "air gap" that exists in a 1-day profile likely doesn't exist in a 3-day or 30-day profile. In other words it may have been thinly traded in the (arbitrarily) chosen time period but that doesn't necessarily mean a lot of people don't own it at that price band. And no matter what time frame you use - say 30 days, I can always pick a larger time frame that might cause those bands to be completely different. All the same is true for "Point Of Control" also. *"If you look at the Volume profile on NVDA for the past 30 days on any trading tool, you will find that the the stock spent most of the past 30 days inside this band - POC at 217.89"* True. But if you look at TTM the POC is \~$182; if you look at the last 20 days its \~$213. So which one do you chose? It also would seem to be very dependent on the history of the stock price. The TTM volume profile for NVDA is "absolute" in a sense - it has bounced between $140 and $240 for the first time in its existence for the TTM. However the TTM volume profile of BAC tells you nothing because it's low price of \~$43 in that period also happened in July '98! Any "Air Pocket" in the last day, week, month or year is meaningless as you made have had many investors owning it at that "Air Pocket" price point over the last 28 years. So if the stock has previously - and outside of your arbitrarily chosen time frame - been in the price range before, then volume profile doesn't tell you anything. For stocks unique in the price band for the (arbitrarily chosen) timeframe then it may not be useful because of the most obvious reason: investors sell stocks at all different price points for all different reasons - just because there's an "air pocket" doesn't mean there's less likelihood to sell. People intentionally sell stocks at a loss; people sell winning stocks because they need the money now; computers sell stocks going up or down based on quants that can be at any price; people sell stocks that are rising because they think they've found a different stock that will grow *even faster*! And people sell stocks on the way down (in an air gap) before they suffer a loss. The idea that that an "air gap" in purchase volume results in an "air gap" in selling volume is nonsense - people and algorithms sell their stocks at all prices for an infinite number of reasons...which is why the market is non-deterministic and chaotic. Lastly - the market naturally destroys any trading patterns (especially ones posted in public), because as soon as one develops and is exploited that very act of exploitation destroys it. If sellers expected their price to drop even further through an "air gap" and sell for less than they wanted, well then some would chose not to sell at all or wait, and then prices wouldn't fall through the "air gap" and it would cease to exist.

zxc123zxc123

This. I have my splits being S&P500 being the core and Russell 2000 for high beta. Then I have my stocks. I was offered in on the SpaceX IPO but chose not to participate. Not because it's risky, I hate Elon, or I believed SpaceX will fail. Nah, GOOG/GOOG just make up around 30-40% of my portfolio and that has a 5-8% stake in SPCX. Then I also have stakes in BAC. Plus GOOG/GOOGL/BAC are already in the S&P500 so I also have exposure via my index etf.

empty-bensen

Thanks for encouraging me to buy the dip on BAC Warren. They will never make me hate you.

J_da_CPA

Who got shook by BAC lmao

NotMe357

First it was BAC that's bearish on the market today and now Jim Cramer. This week looking good 👍