Bank of America profits up 63 percent,better than expected mainly due to cost cutting.Stock 14 lots of upside,I think a long term buy.
CSX traffic in coal all way up,much demand from electric utilities maybe Coal is making a comeback,despite the Obama administration war on Coal.If Coal is making a comeback Peabody Energy a good buy.Also like CSX anyone that follows this blog knows I love American railroads,CSX is only the railroad however that is shareholder friendly.
Uncle Ben is up on Hill today saying the era of cheap money ain't over,in short ran good for stocks,however maybe in long run inflation raises it's ugly head,but then again Lord Keynes said,in long run we are all dead.
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