Bank of America Stock (BAC)

* The kind of stuff that doesn’t fit the bulls’ narratives… The bank bulls never talk about unrealized securities losses from rising bond yields (and lower prices). As an example, and by my last count… Bank of America ($BAC) has about $91 billion of unrealized losses in its securities portfolio account. Position: None

* The market is balancing on a few stilts, hoping nobody notices (the high wire act) * It is Tom Lee's world... This week I sold out the balance of all of my technology (AMZN, META, MSFT, GOOGL) and financial longs (BAC, C, WFC, AXP, MS) on substantial ...

Here is a list of some 17 individual (quality) equities that I am currently long that I want to add to on weakness: Financials American Express AXP Morgan Stanley MS Goldman Sachs GS Citigroup C Wells Fargo WFC Bank of America BAC Private Equity Apollo APO ...

Here are today's things: * Bought SPY at $582.69 and sold at $584.76 * Bought QQQ at $650.11 and sold at $652.99 * Banks purchased: BAC at $47.47, C at $110.62 and WFC at $78.06. * Private equity purchased: APO at $106.39, BX at ...

With S&P cash -48 handles I am replacing yesterday's individual equity sales with buys -META, AMZN, GOOGL, MSFT, C, WFC,BAC, BX, APO and KKR. Long META S AMZN S GOOGL S MSFT S C S WFC S BAC S BX S APO S KKR S