It's a Winter Warming Spell - But More Snow Ahead for Markets [View article]
The market rally on last week, the main reasons was financial sector (as C and BoA). BoA is almost double in a week because peoples think it's cheap.
BULISH: actually, it's still low comparing with its 52 week high. Buy it if you think it's still cheap, BoA could go to $8.00 or $9.00 in short term. BEAR: The fundamental doesn't change, its price could be easy to go back to where it was. Taking the profit and find other opportunity.
It's a Winter Warming Spell - But More Snow Ahead for Markets [View article]
BULISH: actually, it's still low comparing with its 52 week high. Buy it if you think it's still cheap, BoA could go to $8.00 or $9.00 in short term.
BEAR: The fundamental doesn't change, its price could be easy to go back to where it was. Taking the profit and find other opportunity.
Good luck.