Tag Archives: Bank of America

Your Tuesday Market Blip 1/19/21

Stocks opened the trading week with a positive move to the upside as the Dow gained 116 on 30,930. Trading volume was well off and both IBD and BTS indicators remain positive. Word out of Washington DC is that Congress is considering more and bigger stimulus which could drive markets higher. Bank of America reported…
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Your Wednesday Market Blip 1/15/20

Stocks moved higher as trade deals slowly come on line. At the close the Dow was up 91 at 29,030! Trading volume was mixed. Where were you when the Dow closed above 29,000 for the first time? Bank of America reported earnings and the numbers beat estimates. Profits were 6% higher as strength in consumer…
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Your Wednesday Market Blip 10/16/19

Stocks traded mixed today before a closing loss of 22 points to 27,001 on lighter trading volume. Earnings reports are coming fast and furious and so far, 85% of them are beating Wall Street estimates. Bank of America reported better than expected earnings sending shares higher. While revenue was flat and net income was up…
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Your Tuesday Market Blip 4/16/19

Stocks continue to creep higher thanks in part to continued progress on US China trade talks. I think Europe might be getting jealous. The Dow finished higher by 67 points on heavy trading volume at 26,452. Bank of America reported better than expected revenue and earnings this morning with an increase in revenue of 7%…
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