Bank of America (BAC) reported better than expected earnings as the market closes near high and cyclicals lead. Under the surface, a large print points to key level and option activity looks to reset hedges and speculate on earnings this week. (IWM, SPY, JBHT, KNX, DKS, HYG, IYR, KGC, CDE, CTRA, MRO).
Neither TheoTrade or any of its officers, directors, employees, other personnel, representatives, agents or independent contractors is, in such capacities, a licensed financial adviser, registered investment adviser, registered broker-dealer or FINRA|SIPC|NFA-member firm. TheoTrade does not provide investment or financial advice or make investment recommendations. TheoTrade is not in the business of transacting trades, nor does TheoTrade agree to direct your brokerage accounts or give trading advice tailored to your particular situation. Nothing contained in our content constitutes a solicitation, recommendation, promotion, or endorsement of any particular security, other investment product, transaction or investment.
Comments
Log in or sign up to join the conversation.