The market rout since February has seen less "differentiation" among stocks than any other sell-off post-crisis, according to Bank of America.
"Best opportunity to pick stocks. Maybe ever," Bank of America equity and quant strategist Savita Subramanian said in a note to clients on Tuesday. Tuesday could be one of those opportunities, according to CNBC's Jim Cramer. Stocks attempted a rebound from the worst day since 1987, with all three major averages opening in positive territory.
"There are going to be opportunities today because there's a lot of give up," said Cramer on "Squawk on the Street."Spencer Platt | Getty Images This widespread market sell-off isn't discriminating against any stocks, creating a unique opportunity for investors to pick which individual equities will rebound, according to Bank of America.
Pro CLICKBAIT!
Pro buy now, now way we're going lower 🙄😆
Pro Lie , market up , see Asia up up , us500 , Dow Jones ,. Go up . Trump inflate this , he want more
Pro April will be a long month. It is good to start buying but the bottom is not in yet
Pro Nerds brought you the internet. Bankers brought you the Great Depression. Buy Bitcoin, not stonks.
Pro That can’t be since this keeps happening over and over. Maybe Bank of America doesnt know what “ever” means
Pro We’re down 20 percent lol
Pro Well... I don’t think so. Is the market already ready to rebound !
Pro LOL. Not now. If you put your money in right now, you deserve to lose it.
Pro
Pro It's the best opportunity to pick stocks since the last best opportunity. And it will be until the next best opportunity.
Pro Yeah no
Pro Yea right BOA my IRA had increased $10.00 in 10 years they really know where to put your money moved it out of BOA and started to see a difference immediately screw BOA
Pro not sure Haines would call this the bottom jimcramer carlquintanilla
Pro Yeah , wait another 6-8 months Frauds
Pro This is a great time to Dollar Cost Average on some discounted companies.
Pro People likes cheap stocks of course... but you know what they like better? Cheaper stocks than those 'cheap' ones... specially If NO ONE is making money.
Pro The whole world is closed what kind of moron would consider buying stocks at these levels? We are definitely gonna see lower levels. This isn’t a recession it’s a depression. Sell everything absolute “ no brainer”.
Pro hey guys!!! buy the stocks Buffet is dumping!! once in a lifetime op...a billionaire throwing away great stocks...u can pick em up today!!! we will put them in a big bag for you to hold as part of the deal..
Pro Opportunity will be even better when it is down another 5,000 points, eh?
Pro Lol
Pro Translation: 'Please buy stocks quickly, so we can still sell the rest of our heavy bags before this whole market craters. Thanks for choosing Bank of America.'
Pro I would not call it a market collapse when the 'collapsers' systematically dismantle it then in an organised way buy into it then 'collapse' it again. In real life not virtual life that would be called vandalism and they would be jailed for it
Pro Lol capitalists are literally vultures
Pro America to reopen in a few weeks!
Pro Neeveeeer !!!! Onlyyy cashhhhh
Pro Thx but I’ll wait for another 5-10k from here 👍
Pro Please re-tweet this so we can abolish the FED NewYorkFed and return to free market capitalism
Pro Fugk no! Stay in cash. Depression coming
Pro Best... Ever....
Pro I told you this would create a buying opportunity for those with cash weeks ago. The virus will push the markets down Investors will go in Buy and hold? You probably want to talk to jimcramer about this stuff. Slim.
Pro Cash in on the collapse. Way to go
Pro You want them to buy so you can then sell into that strength? Now I understand, that's your play
Pro The FED has not let it collapse just drop. Socialism is here.
Pro It's going to make more lows, so are you intentionally trying to lure investors into buying stocks? What's your play here?
Pro oh it will drop a bit more
Pro CAPITAL protection is the KEY🤠 BOC GS JPM and some of Big FI misleading INVESTOR to INVEST A similar move seen👉US Market was👉10-15%⬇️from the PEAK INVESTOR already lost around 30% of their CAPITAL from the PEAK, have they protected the exiting INVESTOR from the FALL🤖
Pro Market still higher than 2016
Pro The let them buy stocks crowd is back... Any Billionaires on tap for today... They could do a remote from there yachts floating off of St. Barts
Pro
Pro Ohh. Pumpers are back.
Pro I think Ill wait at least 18 months to get a 50% discount thanks
Pro Catch...
Pro I have share the gospel. Now is the time to invest every cent you can in the market. More millionaires will be made off of this bear market than in the history of the America.
Pro Yeah, pick them to buy? At the start of a financial crisis. Good advice!
Pro Some will be zero
Pro Is that before or after they pay the mortgage or rent? Yes long-term great to buy if you can afford it?
Pro No one gives Coronavirus a frame of reference to other causes of illness or death. And where are all the constitutional attorneys to save the Bill of Rights and the economy/jobs/households? Hunkering down and hiding.
Pro Bank of America need to offer forbearance relief on mortgages
Pro Hate Bank of America they will only give homeowners 30 day waiver when other banks gave 90 days. Shameful.
Pro I might believe BofA if they had been bearish before the crash - why believe them now when they were wrong before? DontTakeTheBait
Pro While the market drops... Testing in progress. The sky is falling.
Pro You have the same sentiment at all time highs and Joe Public lost his ass on that one too. Blood sucking pigs of Wall Street
Pro We’re not even close to the lows, $AMZN is near all time highs, $AAPL is a luxury hardware company that’s barely down. What an irresponsible recommendation to give Joe Public. Shame on you
Pro Since we never broke the mysterious eoy 2018 low, at least for now I call BS on that claim
Pro Always with tricks
Pro
Pro
Pro There is no buy signal until Fed gets to government debts of $23 trillion. Then it can become a race to the bottom of being debt laden zombies. I back Trumps Fed!
Pro It only hit -35% from the top. Far lower to go given the economic impact!
Pro
Pro That’s assuming your not intubated on Monday because the government failed to take appropriate action early on to protect Americans.
Pro Definitely not yet. This is the pump and dump. Literally we just passed every other nation in cases. If you do put money in on a mid-long view, Kroger, Dollar Tree, Walmart. Short term- VXX, SQQQ or short or
Pro
Pro The best time to buy maybe ever 😂
Pro CROOKS
Pro Not yet dummy
Pro LOL. We got another 30-50% lower
Pro Gotta love Capitalists. Its not a pandemic. Everything's just fine. Its a sale... Buy now. No thanks take me off the list please.
Pro Great sell n short signal imho .. thx😎
Pro Cancel Netflix and Save
Pro No thank you.
Pro No. Still another -20-50% left.
Pro Cant even give it away smh
Pro Best ever? CNBC was around in 2009 right? High quality Preferreds were trading at 50 percent below par. Best ever opportunity was dow at 7k
Pro Não acredite na tolice, o surto está apenas começando e o risco ainda não está totalmente libertado. dow jones deve cair pelo menos abaixo de 15.000, e se o surto não terminar em dois meses, o dow jones vai cair abaixo de 10.000.
Pro lol, hard pass
Pro Yeah right, to feed the fancy gigs of a bunch of swindlers and racketeers dressed as honest technocrats, vigilantes of the well being of the dumb and dumber share and bond holders. Wealth managed by clueless stockbrokers, pardon me, salesman; All devised at the top echelon.
Pro Now might be a good time to reach out and touch someone...like your brothers in the state militias. :) talking is good, planning is better...
Pro The market collapse may go on a little longer, no one can be sure how this current crisis will play out. The best you can do is keep washing those hands.
Pro denial
Pro After the market tests the 2008 lows, there should be a bounce? But will it take another 3 years for claw back to the top?
Pro Are you going to apologize and address your irresponsible interview with BillAckman ?
Pro They just told everyone in the State of California to stay home....really?
Pro Even better opportunity if you are a senator from Georgia married to the NYSE chairman SenatorLoeffler InsiderTradingLoeffler SenatorBurr insidertradingBurr coronagrifters coronavirus NYSE
Pro Isn’t it nice, during a pandemic, the poor and middle class struggle, while the rich strategise on how to profit off this. Not criticising, just lamenting on the cruel reality.
Pro Your serious now? How your going to pick stocks while the Market heads to Oblivion!
Pro Finally, a positive headline. You guys have really been dumpster diving lately with your nonsense.
Pro The market bottom will happen just like yesterday when the market had maximum panic but then exhausted and bounced back. The bottom will also be in before the news turns better for the virus. For the most part the market has already priced in the recession and could jump soon!
Pro Did you forget to zoom out the chart? It's hardly collapse. $AMZN $MSFT didn't collapse.
Pro 50% x 30000
Pro Than ud better pick a company that does NOTHING that a Chinese company does. That means ditch everything from BMW's on the DAX to Boeing on the Dow to MS...that means ditch everything, for good.
Pro So far this market is a falling knife and can’t even string together 2 green days together. If u are going to buy, buy very small and expect to lose 10% or more in a day with this circuit breaker mess of a market.
Pro Who actually has any money to buy stocks?
Pro Maybe somebody is trying to dump their shares.
Pro Yup. But Fuckin when
Pro I'll wait till it hits 6000
Pro Quick history lesson: $DJIA fell another 75% after the crash of ‘29, and this is showing every sign of being worse. Still want to trust a failing illiquid bank for investment advice?
Pro Wait 5 weeks and see that today’s prices are very high
Pro Will they be saying this in a month? 2 months?
Pro They have to dump. Sorry not gonna buy your shiat
Pro You're as bad as market watch or the motley fool
Pro US media encourages greed as people suffer
Pro Close the stock markets now.
Pro Go shit in a hat
Pro Prices are low now. Buy only if you can hold long term irrespective of fluctuations. Choose stocks that you believe will survive the Trump Coronavirus recession. Keep enuf cash for all uncertainties. Vote Dem for President. My heart is too weak for 4 more years of Trump.
Pro Wouldnt believe anything this fkr says 👿
Pro I am selling all BAC stock immediately
Pro And the rich get richer and the middle class gets laid off HOORAY coronavirus
Pro Wall St. Bailout 2.0
Pro Hahaha, heard this in 2008, Wachovia was down from 30 to 12...Woke up one Monday and that 12 was 2...Sure, eventually it jumped back up, but it took time, and a lot of luck.
Pro This is news? 😂
Pro Wow strong sell after reading this.
Pro Christopher Houston Squareprismish · 41s Real companies and not their Virtual Reality on the Stock Markets are great! Financial 'players' are the raw capitalism which gives Socialists their feed, their oats, their daily bread.
Pro Ahaha. Dead Cat Bounce....
Pro He's been long the past couple weeks.
Giant lie
They are only talking to the ultra-wealthy who can weather this financial storm out and take advantage of the wealth transfer (again). As for the rest of us? Reserves must go towards sustaining our families with potentially zero cash flow for who knows how long.
Give me a break. There is no opportunity to buy anything until it is clearer how the coronasvirus crisis develops. Current estimates indicate there is at least a year before it is brought under control. In the meantime civil society as we know it could implode.
Pro Or certain commodities. Gold has been my strongest investment during this crisis. It’s been on a roll.
Oh yeah? You first.
I still think too early to buy too much. Cherry pick, if you must, but more pain to be felt. The virus hasn't peaked yet....
Yeah, maybe...
Oh thank god it happened I guess
Oh the desperation... I can smell their fear.