JG, the LMP Indicator update for today shows an impressive lineup of breakouts! This is clearly pointing to the renewal of the internal strength of the larger market. It had been 'vacillating' back and forth... for the past six weeks! IMO, the message is clear enough, at this time. This is based on chart 'pattern recognition' interpretation (and the changes thereof), derived exclusively from data taken directly from the market.
The performance of BAC pps today itself appears to be a reflection of that burst of energy, imo. I can't see any other company specific news. It is also another sign that the markets could be heading higher. All this is positive. GLTY
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