Comment: Bank Of America Q1 Profitable Trading Days: 100%

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SteveMT's picture

Bank Of America Q1 Profitable Trading Days: 100%

[This smacks of a full blown, flush with cash, no loose, guaranteed bet.]
5-8-13

After the "humiliating" performance in Q4 2012, when Bank of America had a whopping 2 trading loss days out of 61, in has managed to redeem itself in the first quarter of 2012, when not only did it record seven trading days when it generated revenue of over $100 million daily, but more importantly it had zero days (of 60 total) with any net trading losses: a track record that can only be matched by any daytrader on Twitter. After all, what is better than trading when there is no risk of loss.
http://www.zerohedge.com/news/2013-05-08/bank-america-q1-pro...