Geopolitics Alpha

Weekly Recap: 1,084m shares retired by buybacks and Bank of America Buy with €14.20 target

Published . Updated .

GEOPOLITICS ALPHAWeekly Recap: 1,084m sharesretired by buybacks and Bank ofAmerica Buy with €14.20 targetBACGEOPOLITICS ALPHA

This report is about banks.

Directly affected

  • BAC Bank Of America-15.0% 30d

    Named in this report.

Indirectly affected

  • XLF Financial Select Sector SPDR-3.5% 30d

    Financial Select Sector SPDR: it holds banks. Linked by “bank” (banks) in this story.

  • KRE SPDR S&P Regional Banking ETF-4.4% 30d

    SPDR S&P Regional Banking ETF: it holds banks. Linked by “bank” (banks) in this story.

  • JPM JPMorgan Chase-5.5% 30d

    JPMorgan Chase (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “bank” (banks) in this story.

  • WFC Wells Fargo-7.9% 30d

    Wells Fargo (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “bank” (banks) in this story.

  • C Citigroup-11.1% 30d

    Citigroup (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “bank” (banks) in this story.

  • BNY The Bank of New York Mellon-9.5% 30d

    The Bank of New York Mellon (state commercial banks): banks' earnings move with lending, deposits and rates. Linked by “bank” (banks) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
BAC-0.32%+0.51%base+0.00%+0.24%after closeafter close
XLFNo price data for this ticker———————
KRENo price data for this ticker———————
JPMNo price data for this ticker———————
WFCNo price data for this ticker———————
CNo price data for this ticker———————
BNYNo 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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Weekly Recap: 1,084m shares retired by buybacks and Bank of America Buy with €14.20 target TradingView

Source: TradingView

This story

CompanyWhenMoveStatus
BACthat day0.00%final price
BACthe next day+0.24%final price
BACthree days earlier+0.51%final price
BACfive days earlier-0.32%final price

Congressional trades in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

This story

12 out of 100

“Weekly Recap: 1,084m shares retired by buybacks and Bank of America Buy with €14.20 target” scores 12 out of 100. The score uses 1 sources.