Bank of America

Investors, which company's results surprised you the most this week? Did you buy or sell shares of any companies before or after the results?

I was pleased with the results of $BAC and a little surprised by the results of $ASML. I was still buying $BAC on Monday before the results and buying $ASML on Wednesday after the results at a discount.

Investors, which company's results will interest you most next week?

I will be very interested in the results of $ASML, $BAC, $TSLA, $NFLX and $PM.

We have seen US bank stocks fall quite a bit this year. For example, $BAC stock is down more than 13% this year and $C stock is down more than 9%. However, over the past month, bank stocks have been falling very quickly and noticeably ( see image below ). Otherwise, I have been regularly buying $BAC stock lately as it is currently at a great price and I am still thinking about...
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What is your favourite stock from the banking sector? As far as I can see, the best known stocks like $BAC or $C are trading well below their highs. Compared to $JPM, which is holding up relatively well. Which player in this sector is your favorite?

Investors, what stocks did you buy or sell this month?

I've been buying $MO stock this month and this week on Monday I was overbought $CVS stock as it dropped a few % again and got below the $70 level and then on Monday I was overbought $BAC and $PFE stock as they are also at a great price. As far as selling goes, I have sold off all shares of $MMM at a profit during this month.

Last week we started with the results of the big banks, today the continuation in the form of Bank of America. $BAC

Another one of the biggest US banks and Warren Buffett's favorite bank unveiled its results and they were above expectations. The bank jumped a percentage point higher in pre-trading hours.

I recently bought shares of $BAC as the stock is at a nice price. However, I am thinking of buying more shares of $JPM, but the stock is currently too high.

What stocks from the banking sector are included in your portfolio and what bank stocks are you planning to buy?

Stock Market Calendar (July 17 - July 21, 2023)
Earnings season is upon us, with quarterly economic numbers coming out in the third week of the holiday season, including $TSLA, $BAC, $NFLX and $AXP in the US. Investors will also be evaluating macro data and, on the old continent, the new economic forecast from the European Commission.

Outlook

"The coming week will belong to...
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The second largest bank in the US was fined.
Bank $BAC will pay a $150 million fine for charging its clients for services they did not ask for.

How do you view the banking sector after the collapse of several US banks? Do you trust the banks or do you prefer to invest in fintech companies?

Stocks from the banking sector are not as stable, but I see potential here.

I was looking at $BAC stock today and I see that the stock is really low right now. I plan to do some more detailed analysis on $BAC, however the price is low and unless I come across something I don't like, I would definitely buy a few shares.

Giant US banks have passed the Fed's stress test.

The five largest U.S. banks said Friday they will return more cash to shareholders after passing the Fed's stress tests early last week, a show of strength that reinforces the gap between the industry giants and smaller regional rivals.

A summary of the news over the last few days around the US.

Recession, recession, recession. We hear it over and over again, even if you plug your ears. I've been hearing it a lot lately, so let's see what the situation is. Recent statements from economic strategists.

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Which 5 companies will be in your portfolio? Let me know. 💪👇

🌐 $V
🧰 $DE
🥤 $KO
🛠️ $HD
🚬 $PM
💳 $MA
💨 $MO
😷 $JNJ
🚜 $CAT
🛍️ $TGT
💰 $JPM
🏦 $BAC
🚂 $UNP
🛢️ $CVX
🏡 $LOW
⛽️ $XOM
🍔 $MCD
🛒 $WMT
🍎 $AAPL
🖥️ $MSFT
🦺 $MMM
🧪 $ABBV
📡 $AVGO