So far 2012 has been a pretty good year for Bank of America (BAC). The stock is up 46% year to date, and it looks like the financial stock might just be getting started. Just quickly looking at the chart you can see that Bank of America closed above the 200 day moving average, which [...]
Bank of America (BAC) as well as many other stocks have been hitting their stride for the most of 2012 thus far. See my 4 stocks to buy in 2012. The million dollar question is whether this will be a sustained rally or just a minor blimp before stocks head lower. Well looking at the [...]
Last week the market had had it’s best week since 2009. Hard to believe given the ugly choppiness that has been plaguing the market for the last couple of months. I have put together some setups that I think could work out well with further price action; however, it is important to remain prudent. In [...]
With the volatility index (VIX) still at high levels and still many problems among the economy, all signs are pointing for the market to head south. In the means time, below are a few setups I think we can take advantage of. The idea is to try and setup these plays, so the rewards can [...]
See my 4 stocks to buy in 2011. Boom!! Another year and another double-digit gain for my 4 stocks to buy in 2010. The collection of stocks finished up a healthy 27%. In a year when the Dow saw 10% gains, S&P 500 was up 12%, and the Nasdaq locked in 18%. Best of all, [...]
Could it be? Did I just change my go-to financial stock from Bank of America (BAC) to Wells Fargo (WFC)? If the most recent earning carousel just taught us anything is that Bank of America is still unclear of where it is going and well… Wells Fargo is just not as clueless. In a battle [...]
In the most recent analysis of my 4 stocks to buy in 2010, I mentioned my bleak outlook on Bank of America (BAC) for the rest of the year. While other sectors are showing signs of improvement and leaders busting their way to set the pace, the financials are struggling to find anything positive to run [...]