Where to Next for BAC, XLF, and 10-Year YIELD?

My technical work on the banks, Bank of America Corporation (BAC), for instance, argues that the stock remains vulnerable to another loop lower, at least to test the March 27 low at 22.16, and possibly a press closer to 20.00, especially if 10-year YIELD (lower chart) continues to press lower-- and breaks 2.30%...

  • Action-Oriented Trade Set-Ups in Stocks & ETFs
  • Macro Analysis of the Broader Markets
  • Detailed Technical Guidance for each Trading Idea
  • Live Interaction w/ Mike & Our Member Community
  • And Much, Much More!
Join Now! - Special Offer!
Veteran Wall Street analyst and financial author, Mike provides detailed and timely analysis and trade set-ups on a range of markets. Read more...

Have Mike's “Out Front” morning analysis delivered FREE to your email inbox twice weekly!