Bank of America: Why I Am Going All-In Now (Technical Analysis)

Massimo Giachetti/iStock Editorial via Getty Images Bank of America Corporation (NYSE:BAC) is scheduled to report earnings for the first quarter on April 16, 2024, and the bank has a great chance to sail past profit estimates, in my view. The U.S. economy has seen a long-term easing of inflation (though inflation flared up in early 2024) as well as strong job creation, which should boost Bank of America’s consumer loan origination. At the same time, the central bank has proven to be highly flexible with ...