Subscribe: RSS Feed | Twitter | Facebook | Email
Home | Contact Us

Posts Tagged ‘health of Bank of America’

August 8 Market Commentary: America’s Margin Call

Posted by Larry Doyle on August 8th, 2011 7:59 PM |

That was not a lot of fun.

The 6% selloff in the market we witnessed today is obviously tremendously unnerving.

Professional traders and active managers who monitor market moves on a minute by minute basis will have their their own opinions as to what did happen and what will happen.

For those in the audience who appreciate and embrace the true spirit of ‘sense on cents’, while we listen to the spin provided by market mavens, esteemed economists, political pundits, and Washington wizards, let us not lose sight of the real fundamental issues which remain at the core of our American foundation. (more…)

BofA Shareholders, ‘How Long Can You Tread Water?’

Posted by Larry Doyle on June 13th, 2011 9:03 AM |

What did the Lord say to Noah?

The same thing that Bank of America CEO Brian Moynihan might now be saying to his shareholders. That is, ‘how long can you tread water?’

Bank of America’s stock is down approximately 25% on the year and close to 35% over the last twelve months. While it has doubled from the Armageddon lows seen in 2008, the stock has fully retraced any moves higher since early 2009. ¬† (The graph of Bank of America below is sourced from Market Watch and covers the last three years).

What gives? Will Bank of America need to raise more capital? Will it need another lifeline from Uncle Sam?


Recent Posts