We all know it was mostly tech stocks that fell yesterday, but I was very surprised by the drop in $BAC and $JPM. Bank of America stock was down more than 11% yesterday. I have $BAC in my portfolio and I'm happy, but I may overbuy now after the drop.
Will anyone be overbuying bank stocks after the drop too?
The drop is really big. I might buy $BAC, but I still find $SOFI very interesting.
Bank stocks make up a fairly large part of my portfolio and I will probably be increasing my positions as well.