UPDATE: Bank of America Posts Drop In Q4 Profit

by Benzinga Staff
January 17, 2013 7:45 AM | 21 seconds read

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

Bank of America (NYSE: BAC) reported a drop in its fourth-quarter profit. Bank of America's quarterly profit declined to $732 million, or $0.03 per share, from $1.99 billion, or $0.15 per share, in the year-earlier period. Its revenue dropped to $18.7 billion, from $24.9 billion. However, analysts were expecting earnings of $0.02 per share on revenue of $21.19 billion.Bank of America shares fell 0.25% to $11.75 in pre-market trading.

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: EarningsNewsprofit

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.