Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

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From: Keith Feral	1/17/2013 8:22:09 AM
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Bond yields down 8 of past 10 days. Now up 3 out of past 11 days. I think the pullback in BAC and C this morning on earnings news is a good opportunity to re-enter going from the big banks worst quarter of the year in Q4 to the best quarter of the year heading into Q1. BAC could really surprise to the upside next quarter. They have about $5 billion in pre tax income potential from this quarter, plus the additional revenue they generate next quarter. I think they could have their biggest quarter since Q1 2009 when they posted a huge gain of $0.70 or something crazy like that.

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