Bank of America Corp (BAC)

[farviewhill]

The Feds are making new sounds that a cycle of rate increases may well start in december and that's the best news a bank like Bank of America can hear is that a new cycle of rate increases after 7 years of none are about to happen.
Why? Because the positive effects to their bottom line are soon to happen and that coupled with the cleaning up of past legal costs now behind them, is extremely bullish.
Mutual funds and etf's, etc. are going to be continuing their dramatic accumulation of BAC and that's very bullish for the share price.