BofA Spots Rare Opportunity Hidden in Stock Market Selloff
Published . Updated .
A record borrowing spree has pushed some high-grade tech yields above 6%.
Directly affected
- No company is named in this report.
Indirectly affected
- DIA SPDR Dow Jones Industrial Average ETF-1.7% 30d
SPDR Dow Jones Industrial Average ETF: it is a broad US stock-market fund. Linked by “stock market” (the broad US market) in this story.
- QQQ Invesco QQQ+0.9% 30d
Invesco QQQ: it is a broad US stock-market fund. Linked by “stock market” (the broad US market) in this story.
- IWM iShares Russell 2000 ETF-0.0% 30d
iShares Russell 2000 ETF: it is a broad US stock-market fund. Linked by “stock market” (the broad US market) in this story.
- RSP Invesco S&P 500 Equal Weight ETF
Invesco S&P 500 Equal Weight ETF: it is a broad US stock-market fund. Linked by “stock market” (the broad US market) in this story.
- VTI Vanguard Total Stock Market ETF
Vanguard Total Stock Market ETF: it is a broad US stock-market fund. Linked by “stock market” (the broad US market) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| DIANo price data for this ticker | — | — | — | — | — | — | — |
| QQQ | -1.57% | +0.81% | base | -4.22% | after close | after close | after close |
| IWMNo price data for this ticker | — | — | — | — | — | — | — |
| RSPNo price data for this ticker | — | — | — | — | — | — | — |
| VTINo price data for this ticker | — | — | — | — | — | — | — |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Market Call
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BofA Spots Rare Opportunity Hidden in Stock Market Selloff Yahoo Finance
Source: Yahoo Finance
This story
| Company | When | Move | Status |
|---|---|---|---|
| QQQ | that day | -4.22% | still updating |
| QQQ | three days earlier | +0.81% | final price |
| QQQ | five days earlier | -1.57% | final price |
How solid “BofA Spots Rare Opportunity Hidden in Stock Market Selloff” looks
12 out of 100Price not final
“BofA Spots Rare Opportunity Hidden in Stock Market Selloff” scores 12 out of 100. The score uses 1 sources. The price is not final yet.