$Bank of America(BAC)$ Why I Sold Some BAC Shares 🏦📉With the upcoming FOMC meeting just around the corner, I decided to trim my position in Bank of America (BAC). While I still believe in the long-term fundamentals of the company, short-term volatility is something I want to manage carefully — especially when macroeconomic risks are involved.A friend of mine pointed out that if the economic data leading up to the meeting is weaker than expected, the market might react bearishly. That made sense to me. Financial stocks like BAC are particularly sensitive to interest rate sentiment and credit outlook, both of which can swing depending on what the Fed signals next.In short, I took a cautious approach — locking in some gains or minimizing downside risk ahead of potentially market-moving news. It’s not a bearish call on BAC, just a strategic move to preserve capital in case things turn south. 📊🛡️Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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