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Forum - Wall Street Pit (Bank of America Corporation - BAC)    Stock Due Diligence for All

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From: franconia (Rep: 105)Date: 08/22/2017 13:06
Forum: Wall Street Pit - Msg #2688163 - List BAC msgs Thread #673947541 (Rec: 0)
Copper and other industrial commodities running. The Fed may have to acknowledge some inflation could be around the corner. It was the lack of inflation on other fronts that caused the financials to pull back and become short side cash machines; if the financials actually do hold and gain there's some very hard covering in the wings. With many, including BAC, the chart pattern could change from a breakdown to an expanding horizontal breakout.

Will see what tomorrow brings.

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