Pre-open movers
U.S. stock futures traded higher in early pre-market trade on Monday after closing lower in the previous session. The Dow Jones dropped by more than 400 points in the previous session, while the Nasdaq tumbled over 300 points. For the week, the Dow added 1.15%, while the S&P 500 declined around 1.6%.
CNBC host and financial television personality Jim Cramer is known for his stock-picking capabilities — or to some, a lack thereof.
With the market down in 2022, Cramer found several stocks trading at 52-week lows he thinks could be set to bounce.
Someone with a lot of money to spend has taken a bearish stance on Bank of America (NYSE:BAC).
And retail traders should know.
We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.