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Monday, February 9, 2009

Bank Stocks 2/9/09 February 9, 2009 BAC, HIG

Today, 2/9/09, 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. It seems as though whatever BAC does, the market follows. The Ken Lewis interview on CNBC last week was positive for the company and the stock.

Banking Stock Update - February 9th, 2009

Hartford Financial ( HIG ) - $14.60 Up 15.14% - Treasury plan includes Mortgage Security Loans, HIG would benefit from this quick.

Barclays ( BCS ) - $6.98 Up 10.97% - BCS appears to be coming out of this banking mess as one of the lone leaders.

Bank of America ( BAC ) - $6.36 Up 3.75 % - No news out today, the bank rescue plan will be unveiled tomorrow.

Fifth Third Bancorp ( FITB ) - $3.15 Up 19.77% - FITB continues to surge higher. On Wednesday, FITB was noticed for heavy calling buying.

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