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Tuesday, February 10, 2009

Bank Stocks 2/10/09 February 10, 2009

Today, 2/10/09, the bank stocks are mixed as stocks get set to open in about 2 1/2 hours. I continue to watch Bank of America ( BAC ) for signs of a rebound. Later today, Timothy Geithner will unveil the Bank Rescue/Bailout plan.

Banking Stock Update - February 10th, 2009

UBS AG ( UBS ) - $11.84 Up 7.25% - Swiss bank UBS AG loses $7.57 billion in 4th quarter, cutting 2,000 more jobs.

Citigroup ( C ) - $4.16 Up 5.32% - Citi continues to rise with all the other bank stocks. A break above the Jan 28, 2009 high could spark a recovery rally toward $5.

Bank of America (BAC ) - $7.20 Up 4.50% - BAC continues to rip higher

Also watch the Regional Banks - HBAN, FITC, RF

Barclays ( BCS ) - $7.16 Up 2.32% - BCS is rising with some of the bank stocks today on no news.

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