BAC & LMT Earnings Released & How To Trade

Bank of America (BAC) earnings were released today, July 18th, premarket. Its adjusted EPS came in at $0.88 versus an estimated $0.84 and revenue came in at $25.20B versus an estimated $24.97B. Michelle Connell discusses this as BAC's 2Q net interest income came in at $14.2B, which is up 8%. She also compares BAC to other bank stocks including Citigroup (C), JPMorgan (JPM), Goldman Sachs (GS), and Wells Fargo (WFC). She talks about Lockheed Martin's (LMT) earnings which were also released today. Its adjusted EPS came in at $6.73 versus an estimated $6.43 and revenue came in at $16.69B and an estimated $15.86B. Tom White then joins to demonstrate example trades using BAC and LMT. He is bullish on both. Tune in to find out more about the stock market today.