Posts Tagged ‘Bank of America’

Freaky Friday

Bank Of America Breaks $15

Thursday Wake-Up Call

Casino Stocks Rolling/ Banks in Focus

9:00am (EST) I spent much of yesterday just catching up on news that I missed and getting a feel for the market. The casino stocks look like their hair has caught fire (again) and we played these names back in the beginning of April for about a week. We madeRead more

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Bank Stress Test News Coming

9:15am (EST) Look for some news on Friday with some of the government’s top brass meeting to talk the upcoming “stress test”. I haven’t talked much about the event because I’m waiting for the actual news to come out but this evaluation will cover nearly 20 of the biggest U.S.Read more

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Monday Morning Playbook Update

1:50pm (EST) I mentioned a slew of names and trades in the Monday Morning Playbook in the Weekly Wrap Sunday night. Most of the trades have done rather well and here is a look at what has happened so far. Remember, in the Weekly Wrap I said all of theseRead more

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Last Word on Citigroup

Citigroup (C, $4.01, up $0.21) was rolling again yesterday morning and managed to trade as high as $4.48 within the first hour of trading. The stock still finished 5% higher for the day but well off its highs. Given the Goldman Sachs (GS, $115.11, down $15.04) sell-off that was happeningRead more

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Weekly Wrap for 4/12/09

1. Commentary 2. Take-Two Interactive Back in Play? 3. Banking on Bank of America Pays Off 4. Earnings 5. Current Trades 6. Monday Morning Playbook 7. Closing Thoughts ************************************************** 1. Commentary Down but not out, the bulls staged a furious rally last Thursday that sent the bears a message thatRead more

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Weekly Wrap for 3/22/09

1. Commentary 2. Take-Two Revisited 3. Is Dendreon Headed for Double Digits? 4. Earnings 5. Current Trades 6. Monday Morning Playbook 7. Closing Thoughts ************************************************** 1. Commentary The market got off to a good start last week but struggled to hold onto gains by the end of a five-day workRead more

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Bank of America Swells Up

Bank of America (BAC, $7.67, up $1.40) had another fantastic outing as the stock added another 22% today. Talk about having a tiger by the tail. The stock started higher right out of the gate and continued its upswing throughout the session after the company’s CEO said BofA could repayRead more

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CFTC Disclosure:

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CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.