Bank of America ($BAC) came out and gave an earnings report (SURPRISE!) and it wasn’t pretty. However, they have held up relatively speaking to its peers and they are offering more stock to keep their liquidity levels up. They also settled some legal woes from their Countrywide acquisition in which the deal would cover nearly
Earnings Season Is Upon Us
Earnings season kicks off Monday after the close when Alcoa ($AA) reports. The market has had a nice run and many of the sentiment indicators are skewed in favor of the bulls. 1300 seems so close yet so far away. We really don’t know what to expect this earnings season as companies can beat and