Today's Research on Bank of America, Citigroup, Wells Fargo & Co., TCF Financial, and PNC Financial

Fri Apr 5, 2013 8:00am EDT

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LONDON,  April 5, 2013  /PRNewswire/ --

The financial crisis of 2009 had a significant impact on the U.S. banking
sector. However, major U.S. banks such as Bank of America Corp. (NYSE: BAC),
Citigroup Inc. (NYSE: C), Wells Fargo & Co. (NYSE: WFC), PNC Financial Services
(NYSE: PNC), and TCF Financial Corporation (NYSE: TCB) have emerged stronger
from the financial crisis. In fact, U.S. banks are in a much healthier position
when compared to their European counterparts. The only concern for banks right
now is record low interest rates, which is putting pressure on margin. Bank
stocks ended mostly higher on Thursday, tracking gains in the broad market.
StockCall professionals have completed their technical analysis on BAC, C, WFC,
PNC, and TCB and these free reports are accessible by registering at

http://www.stockcall.com/research   

Shares of Bank of America Corp, edged higher in trading on Thursday. The stock
touched an intra-day high of  $11.99  before finishing the day 1.10% higher at 
$11.94  on volume of 117.83 million. Despite yesterday's gains, BofA's shares
are down more than 1.70% in the last three sessions. The banking giant's shares
moved above their 50-day moving average in its last trading session, which is a
bullish signal. The stock currently faces resistance at around  $12.25. The
company's shares have gained nearly 3% this year, underperforming the broad
market. Sign up for the free technical research on BAC at

http://www.StockCall.com/BAC040513.pdf

Shares of Citigroup Inc. edged higher yesterday, paring some of the losses from
the previous trading sessions. The stock ended the day 0.64% higher at  $42.77 
after touching an intra-day high of  $42.98. Citigroup's shares are still down
more than 2.30% in the last three sessions. The bank's shares have slipped below
their 50-day moving average this week, which is a bearish signal. The negative
trend is further confirmed by the stock's MACD chart. The stock had an excellent
run in the beginning of March. However, it has seen a sharp pullback since the
middle of last month after it hit a 52-week high of  $47.92. Be sure to read our
latest technical research on C by registering at

http://www.StockCall.com/C040513.pdf   

Wells  Fargo  & Co. shares were among the major gainers in the banking sector on
Thursday. The stock ended the day 2.05% higher at  $37.42  after touching an
intra-day high of  $37.48. Shares of WFC pared all of their losses from the
previous two trading sessions after posting significant gains yesterday.
Year-to-date, the stock has gained 10.25%, outperforming the broad market. Wells
 Fargo's  shares are currently trading well above their 50-day and 200-day
moving averages. Sign up and read the complimentary report on WFC at

http://www.StockCall.com/WFC040513.pdf

Shares of PNC Financial Services edged higher on Thursday; however, the gains
were modest. The stock ended the day 0.72% higher at  $65.60  after touching an
intra-day high of  $65.99. The bank's shares are currently trading close to
their 52-week high of  $67.89. The stock has had an excellent run so far in
2013, gaining more than 13%. However, in the last two weeks, the stock has
traded sideways, struggling to break through  $67  resistance level. The free
report on PNC can be downloaded by signing up now at

http://www.StockCall.com/PNC040513.pdf

TCF Financial Corporation shares rose sharply on Thursday, reversing some of the
losses from the previous trading session. The stock touched an intra-day high of
 $14.55  before finishing the day 1.12% higher at  $14.46. Despite the gains,
the stock is down nearly 2% in the last three sessions. Shares of TCB have been
struggling to break through  $15  resistance level. The stock is currently
trading well above its 50-day and 200-day moving averages, which is a bullish
signal. Free report on TCB can be accessed by registering at

http://www.StockCall.com/TCB040513.pdf   

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