Bank of America
Panjang

$BAC Banks look appealing once again. Good momentum.

310
Upbeat earnings and a very successful shareholders day have helped boost the upward moves in Bank of America. The sector overall is benefiting from improved sentiment and possible rotation into more secure sectors as healthcare looks like a falling knife and tech struggles with overvalue concerns. The US banking sector is strong and well capitalized with good dividend returns and the recent appearance in front of Congress failed to dampen spirits among investors.

Penafian

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