Bank of America

I saw that W. Buffett was selling $BACstock again . The reason for the sale is unknown, so I'd like to ask you. Is there a reason why he is divesting the bank's stock now, ahead of the impending interest rate cut, or is it just to realize profits? 🤔

Which banks other than the US do you hold in your portfolio?

I have $KOMB.PR in my portfolio besides $BAC at Fio and I recently bought shares of Erste.

📊 US banks under pressure: Recession fears shake the market!📉

US bank stocks are losing ground, a direct result of growing fears of a possible recession. Investors are turning to safer assets, fleeing a sector that is closely linked to the state of the economy.

Citigroup $C, along with Wells Fargo $WFC, recorded the biggest loss over the past five days by more than 13 %, followe...
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📊 Bank of America shares jump 4% on positive earnings!🏦

Bank of America $BAC saw its shares rise significantly by 4 % following the announcement that a recovery in net interest income is imminent 📈

🗓️Zajímavosti of the coming week!

Here is a summary of the interesting events that await us in the week ahead.

Monday: Fed Chairman Powell's speech 🗣️Jerome Powell will speak about the current state of the economy and USmonetary policy . His words may influence markets around the world.

Tuesday: US Retail Sales 🛒 The retail sales report will provide insight into consumer spending...
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Next week will be more interesting in terms of results. I will be interested in the results of$UNH, $BAC, $ASML and $NFLX.

Which companies will you be interested in?

Shares of $WFC fell more than 6% after the results. Currently, the bank's stock seems quite undervalued, and this drop creates an even more solid discount. I'm not buying since I already have $BAC in my portfolio , but this is a nice buying opportunity for me.

Hasanyone bought shares of $WFC?

Which companies' results will interest you most this week?

I'll definitely be interested in the results of $BAC $ASML and $NFLX.

🚀 This week will be very exciting in the markets!

The whole week will be accompanied by an unpleasant situation on the Middle Eastnamely the attack Iran on Israel and the possibility of further conflict. The White House wants to calm the situation to avoid escalation. This conflict could significantly affect the price of oil.

However, let us look at the key events that will bring...
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On Friday, banks will mainly report results. I only have $BACstock in my portfolio and I still intend to hold it.

What do you expect the banks to report?

📈💼 Interesting things in the banking sector!💡

Washington is caving in to pressure from big banks and rethinking capital buffer rules. Federal Reserve chairman Jerome Powell and Chairman FDIC's Martin Gruenberg expect major changes that could affect the banking sector and investors.

The new proposal would lead to 16% increase in capital levels and 20%
The proposal is under...
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Have a nice evening, investors.💸🏦

I would like to ask if you know what caused the rise in the banking sector today?

Shares of Citigroup $C and Bank of America $BAC are up over 3% today.

Investors, what do you think of $C stock and its price?

I have $BAC stock in my portfolio and may include $C stock in my portfolio sometime in the future. For me, the price is still nice to buy, but I wouldn't buy until below $50.