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Smart Auto-Trading is an advanced robo-advisor designed to provides investors with a trading partner to automate systematic investing. Its robo is designed to screens, monitors and auto-trades elite stocks like BANK OF AMERICA CORPORATION (BAC) using artificial intelligence, social media and market data to augments your potential as an investor.
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'Trading on the news' is a technique used by traders to justify buying or selling securities. News reports often spur short-term moves in the market, creating trading opportunities.
Announcements about earnings, product launches, changes in management, all are events that can cause a company's stock price to move up or down.
Digital news sources
Today, news travels through digital means. It reaches social networks at breakneck speed. News can spread virally from the originator to millions of people in a matter of minutes. If the news has material value, it is re-tweeted immediately.
News sentiment analysis
Smart Auto-Trading sift through 1000s of news elements in seconds, figure out the subject, how many people are talking about it and if the news is positive or negative.
With this technology, gone are the days of staring at a Bloomberg terminal for the purpose of identifying trading opportunities. Computers essentially have mastered how to 'trade on the news'. This technology is virtually eliminating the need to pay someone to watch over your portfolio.
Sentiment based Wall Street
As of 2009, Wikipedia states that computers who are using events to trigger trades, accounted for 60% of all US stock market trading volume.' In 2017, this phenomenon has ballooned to 75% of all equity trades.
Wall Street's automated strategies have become so pervasive that we can say that the market is about to become fully robotized.
Automated 'trading on the news' brings about a new world of opportunities, where investors will get a better 'bang for their buck' without the need for a traditional Investment Advisor. All they will really need is a brokerage account and access to their favorite auto-trading tool.
Using Smart Auto-Trading is like having thousands of traders working for you to help you reach your financial goals.
Smart Auto-Trading actively trades which is different from passive investing. The robo is on the lookout working to maximize your potential every business day of the year. It trades on the news taking advantage of price changes and trends by listening into trader's communications and by validating this information with market data.
Smart Auto-Trading is one of the first robo-advisor to take advantage of Government grade listening technology, artificial intelligence, social media and market data natively.
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Disclaimer: Past performance may not be indicative of future results. Therefore, you should assume that the future performance of any specific investment, investment strategy (including robo-strategies), or product made in reference directly or indirectly on this website, will be profitable or equal to corresponding indicated performance levels. Robot-Advisors like other investment methods rely on favorable market conditions to provide positive outcomes.
BANK OF AMERICA CORPORATION (BAC) News
How to Get Rich Off Warren Buffett's Big Bank of America Trade
Bank of America is correcting in November, but the long-term view is still very bullish as we finish off 2017.
Forget about Wells Fargo (WFC - Get Report) -- billionaire Warren Buffett's new favorite bank may actually be Bank of America (BAC - Get Report) .
Sure, Wells is still the biggest single-stock holding in Berkshire Hathaway's (BRK.A - Get Report) (BRK.B - Get Report) portfolio right now (valued at $25.6 billion last count), but BofA may end up a lot more profitable. Buffett bet big on Bank of America during the financial crisis, and Berkshire became the firm's single biggest shareholder earlier this year when it exercised rights to acquire 700 million shares at a massive discount.
That big Bank of America stake showed up on Berkshire Hathaway's Form 13F for the first time when it was made public Tuesday. And it works out to about a $14 billion gain on Buffett's original $5 billion investment.
And there could be more upside left in Bank of America from here -- at least in the long run. It still might make a lot of sense to follow Warren Buffett's lead in Bank of America right now.
Long term, the price trajectory in Bank of America is unmistakable. Shares have been bouncing their way higher in a well-defined uptrend since the end of 2016, giving investors ample opportunities to build a position in BofA on every test of trendline support.
More recently, this big bank has flirted with new highs, breaking above the previous top of its price channel at the tail-end of October. In some cases, that could be a sign of a trend acceleration, but for BofA, it looks more like an exhaustion move as shares got overbought and have started moving back to earth ever since.
Near term, BofA is showing off a pretty textbook example of a head-and-shoulders pattern, a bearish reversal signal that triggers a downside move if the $25.75 level gets violated. That's not quite the red flag it may seem to be at first glance, however. While the short-term price action looks corrective, the long-term uptrend is still very much intact.
That means it makes a lot of sense to look to build a position in Bank of America on the next test of trendline support, currently down around the $23.25 level.
Like Warren Buffett, a longer-term time frame on this big bank could pay off in a big way -- trend line support has been inviolate since the end of December despite a significant number of tests of that price level. Once the November correction plays out in BAC, look for a buying opportunity as the long-term trend takes back over.Get Started today! - Risk Free