Bank of America Corp (BAC) Stock Is Stalling. Profit From It Anyway!

Bank of America Corp (BAC) Stock Is Stalling. Profit From It Anyway!

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Bank of America Corp (NYSE:BAC) remains stuck in a six-month trading range that is frustrating bears and bulls alike. President Donald Trump vowed to unshackle banks by eliminating much of the red tape. Also, the U.S. Federal Reserve is in a tightening cycle, and higher rates should translate into bigger profits for banks.

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June 22, 2017 at 03:54PM