The Latest Breaking News from BAC

Four banks broke out ahead of Q4 results. BAC and top bank ETF are near buy points. JPM stock was upgraded to buy but Wells Fargo is seen leading earnings.

America’s second-largest bank by assets, Bank of America (BAC), will release its fourth-quarter earnings on January 12. The bank is expected to report year-over-year declines in revenue and earnings. With the Federal Reserve indicating three rate cuts this year, is BAC worth buying now? Read on to learn my view….

BAC stock, GS shares broke out after the Fed rate decision Wednesday. BofA received an upgrade and analysts raised price targets for Goldman.

Volatility is back down at very low levels, with the VIX Index closing at 12.63 yesterday. When volatility is low, options become cheaper, so today we’re taking a look at the Long Straddle Screener.

Having weathered numerous challenges that tumultuously affected bank stocks earlier this year, is the coast clear to dive into this sector? Unfortunately, the answer is not so straightforward. With the uncertainties looming, let’s examine the current landscape of the U.S. banking industry and discuss the investment appeal of bank stocks…

Warren Buffett's second-largest equity holding after Apple could be due for a comeback year in 2024, especially if rate cuts play out as expected.

Governor Phil Murphy (D) vetoed five bills from Nov. 20-26. Ballotpedia did not identify any responses from the bill sponsors as of Nov. 30. The five bills are below:

The central bank officials have recently expressed little interest in cutting rates anytime soon. With the recent Fed meeting minutes suggesting a continuation of a “restrictive” policy, rates will likely remain higher for longer. In this piece, I have discussed how the U.S. banking industry is expected to perform amid…

A bear put spread is a vertical spread that aims to profit from a stock declining in price. It has a bearish directional bias as hinted in the name. Unlike the bear call spread, it suffers from time decay so traders need to be correct on the direction of the…

His passion for music took him from the estate to the arts. Now, ahead of his new show Pied Piper, the writer and rapper inspires a new generation as Beatbox Academy’s artistic director

Bank of America (BAC) is scheduled to release its third-quarter results on October 17. While the bank is expected to report higher earnings year-over-year, its unrealized bond losses are expected to widen further. So, is the stock a buy or sell? Keep reading….