Discover and read the best of Twitter Threads about #bankofamerica

Most recents (6)

MAR25 #COVID19 #MDTHREAD 1: Most stories from WaPo Live Updates tinyurl.com/ux7cdma (Note they are posted by time, and I post time w each.)
but HERE are #US NUMBERS (Note ARCGIS is wrong) #SPAIN DepPM #CarmenCalvo 62, POS and HOSP Sunday. #Madrid turned ICE RINK to MORGUE
MAR25 #COVID19 #MDTHREAD 2: FYI folks.
The Definition of #COVIDIOT .. essentially same as #MAGA. In addition I found DATA on States TEST # on 1point3acres site. HERE are #AZ and #OH w 19MILLION People
AND only 700 tests. Each so BOTH GOV are #COVIDIOTS #maddow @ursulafaw56
MAR25 #COVID19 #MDTHREAD 3: Yes I am MD and can give #MedicalAdvice to anyone.
#DrTrump CANNOT, his junk is called #PracticingWithoutALicense and any MEDIA who quote him are too, and can be sued for any harm he causes @maggieNYT @FoxNews @maddow @CNN @HuffPost @EllenShow @Oprah
Read 27 tweets
The mother of all QEs is here - @federalreserve has announced:
a. Interest rate cut by 100bps to 0% - 0.25%
b. Emergency lending rate cut by 125 basis points to 0.25%,
c. Increased the emergency lending term of loans to 90 days.

#USD #FEDrate
#QE5

(1/n)
d. Buying of $500 BN of Treasurys and $200 BN of agency-backed mortgage securities.
e. Pushed major banks to use the equity + liquid buffers ($1.3 TN + $2.9 TN) for lending and manage credit expansion.
Instantly, eight largest U.S. banks (Bank of America, Bank of New York Mellon, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley, State Street, and Wells Fargo) have suspended share buybacks program to support the Fed's idea of credit expansion.

#bankofamerica #CITIBANK
Read 6 tweets
Analysis: #NYSE $BAC

Case 65 #BankofAmerica Corporation

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

Thread 👇👇👇

#BAC 1/4
After spending a decade in the doldrums Bank of America is showing healthy signs, it however remains far from it's all time high of 55.08 set in Nov. 2006.

BAC 2/4
Chart 1
Weekly Chart: Rising steadily the current objective is 43.55. The #resistance zone 47.00-50.75 is very strong but should yield by the end of 2021. Strong #support is found 23.75-20.00

BAC 3/4
Read 4 tweets
#Deutsche and other banks given “waivers” from @realDonaldTrump
Yes, #Obama did temporary waivers, making them pay for the 2008 crisis, w/#SallyYates working towards them paying penalties to the victims, working w/the U.K.‘s charges etc...NO, IT IS NOT THE SAME THING!
11/24/2015 Deutsche Bank Suisse will pay a penalty of more than $31 million.
justice.gov/opa/pr/justice…

The Trump administration has waived part of the punishment for five megabanks whose affiliates were convicted and fined for manipulating global interest rates... announcement
published in the Federal Register during the #Christmas holiday week.

Trump administration waivers was granted to #Deutsche Bank — which is owed at least $130 million by Donald Trump and his business empire, and has also been fined for its role in a #Russian #moneylaundering
Read 14 tweets

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