Stock Of The Day: Bank Of America Breaks Out

Bank of America Corporation BAC is trading higher on Tuesday. The shares appear to be breaking out. This can be a bullish dynamic and it would suggest the stock will continue to trade higher.This is why Bank of America is our Stock of the Day.With the market at all-time highs, it isn't a surprise that there are many stocks breaking out. Bank of America is one of them.If a stock is in an uptrend, it is because the market for it is out of equilibrium. There are more shares to be bought than to be sold. Buyers ...