We all know it was mostly tech stocks that fell yesterday, but I was very surprised by the drop in $BAC6.2% and $JPM8.1%. Bank of America stock was down more than 11% yesterday. I have $BAC6.2% in my portfolio and I'm happy, but I may overbuy now after the drop.
Will anyone be overbuying bank stocks after the drop too?
The drop is really big. I might buy $BAC6.2%, but I still find $SOFI19.9% very interesting.
Bank stocks make up a fairly large part of my portfolio and I will probably be increasing my positions as well.