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Stock impact report

Need to Know: BofA stock indicator, at 2-year low, is nearing a 'buy' signal [MarketWatch]

Bank of America Corporation (BAC) 
Last bank of america corporation earnings: 4/15 06:45 am Check Earnings Report
US:NYSE Investor Relations: investor.bankofamerica.com
Company Research Source: MarketWatch
A ‘summer buy’ signal for stocks is on the horizon, says Bank of America Keep one eye on oil and the other on the Dow today, where much is riding on how well investors can summon some appetite for buying after a tough week for stocks. If the Dow stretches its losing streak to nine sessions, that would match the longest such run since 1978, according to the WSJ Market Data Group. The broader index may just escape that fate, thanks to climbing oil prices, and it’s certainly looking chipper today — though that hard-to-call OPEC meeting could quickly turn things on a dime. Staying positive these days is tough — it is summer and an election year, and those trade-war flies are getting harder and harder to swat away. But as investors keep pulling money out of stocks, that may make it the perfect time to dive in, says our call of the day from Bank of America Merrill Lynch. The bank’s Bull & Bear Indicator has hit a two-year low and is “moving toward a summer buy signal,” say those strategists Show less Read more
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