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 Corp (NYSE:BAC) shares are trading higher by 1.01% to $29.41 Monday afternoon. Shares of several banking and financial services stocks are trading higher following last week's strong earnings from JPMorgan and Wells Fargo.
Traders and investors will be watching for Bank of America's second-quarter earnings report, which is confirmed for Tuesday before the market open. The company is expected to report EPS of 84 cents on revenue of $25.05 billion.
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According to analyst consensus estimates, Bank of America is expected to report EPS of $2.10 on revenue of $12.23 billion.
According to data from Benzinga Pro, BAC has a 52-week high of $38.60 and a 52-week low of $26.32.
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.
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