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Strats Labs @StratsLabs on x 4933 followers
Created: 2025-07-16 17:15:58 UTC
$BAC
Q2 earnings were released with:
- EPS: $XXXX vs $XXXX est
- REV: $26.46B vs $26.70B est
An upside earnings surprise and stuck to its financial outlook for the year as it benefited from a flurry of trading around tariff uncertainty. Banking sector should do fairly well under Trump thanks the volatility induced into the capital markets.
Technicals:
- MACD sell confluence coming soon
- RSI Overbought turning bearish
- A small profit booking move expected which could push the $BAC stock towards the gap shown in yellow
We shorted $BAC 30DTE August Call Vertical Spreads (bear calls)📉 for a fantastic $XX credit for a $XX risk. ✅️
As always, we'll exit on-demand in profit, however, factoring for a roll-over on a potential upside move. Not financial advice.
Give us a 💛 & RT!
XXX engagements
Related Topics mergers and acquisitions volatility donald trump banking tariffs $2670b $2646b eps