My prediction yesterday was right for the indexes but wrong on Bank of America and financial. The indexes are holding higher right now.
Bank of America was trading higher in pre-market. The highest price change hand today was $11.78. I waited till market open and I had the opportunity to sell at $11.65 at market open to net a profit but I was looking for higher. Financial stock were traded lower right now and they lost whatever percentage they should’ve lost yesterday. I lost big too. I sold 1000 share of USB at $18.20 and bought 1000 share more of BAC at $11.05. My BAC shares are all under water. Lost -$1,300 at 8:56AM.
Lesson learned, I have got to treasure selling opportunity. Goldman Sachs’ bump and dump skim on Bank of American couldn’t be more obvious. I should have sold them in pre-market. I could gain $600 but lost $1,300. What a day. Looks like I am going to hold over the Mermorial Day weekend. Hopefully everything goes well over the weekend around the world.
10:16AM:
Just add 1000 share more. Don’t feel good right after that. Now holding 4000 share at $11.25 average. The average offering price is $10.77? Hopefully that is the bottom and going up from today.
1:05PM:
Lost $399.44 at closing price
Account Balance Change: -$399.44
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