Bank Of America Failed To Hold Key Level On Thursday

Oct 13, 2017

Trading Strategy: Buy weakness to my semiannual value level of $23.68. My quarterly pivot is $24.40. Reduce holdings before earnings to lock in 25% of gains with the stock above my monthly pivot of $25.58.

Investors had the chance to sell at $25.87 at Thursday's Open.

Click here for the full story. How To Trade 'Too Big To Fail' Banks Reporting Earnings Under The Clouds Of Harvey, Irma And Maria

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Bank Of America Failed To Hold Key Level On Thursday

Traders Club - Richard Suttmeier

Stories

FDIC First Quarter Data Show Improving Banking System but with Concerns

FDIC Data Confused By New Tax Law

Investors Beware, Some Major Banks Have Negative Weekly Charts

Trading 5 Home Repair Stocks On Recovery From Hurricanes And Wildfires

PNC Financial Slumps As 'Key Reversal' Trumps Earnings Beat

Community Banks – More Revenue But More Exposures Too

Wall Street Is Wrong – It’s Time To Avoid Bank Stocks

Spike In Sentiment, Housing Starts Positive for Homebuilders

The Fed's Dual Mandate Is Outdated - It Was Established 40 Years Ago