Friday, October 1, 2010

Bank Of America Corp(NYSE: BAC) Is For Closers Only

Bank of America closed in the green for the day. The bank stock struggled throughout the day and finally received its footing in midday. Despite the Dow having the strongest September since 1939, the banking stocks closed the month with only modest gains. Banking stocks have continually been under pressure from investors. BAC and the other banking stocks appeared to be still valued for the worst. BAC finished the day up over 1% as the overall banking index rallied. The top performers where Citigroup, JP Morgan and PNC Financial.

To see the BAC report Click Here

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