BAC is trading way below it's peers like WFC for starters. Of course BAC had a lot more crap to deal with than WFC and WFC shot themselves in the foot with their account scams.
The spread the banks are making deposits to loans continues to be in their favor. lol. I'm not even sure 3% treasuries will stop the earnings growth.
I've been long on BAC for quite some time since they have been the redheaded stepchild amongst the big boys.
C was in the same boat and I took a lot of cash off the table when they did their R/S.
I also own a couple of regional banks that are yielding 4-5%. I suspect eventually one of the larger banks will eat them up and I can cash out on them.
New Year's Day--Now is the accepted time to make your regular annual good resolutions. Next week you can begin paving hell with them as usual. - Mark Twain
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