Bank Stocks 3/25/09 March 25, 2009 - JPM

JP Morgan ( JPM ) is out this morning cutting their earnings forecast for the S&P 500 from $80 to $76. If you put a 14 multiple on this, you would be looking at 1064 for the S&P in 2010. Below are the most active bank stocks this morning.

Bank Stock Update - 3/25/09

Financial Bull ( FAS ) - $6.45 Up 5.39%

Citigroup ( C ) - $3.12 Up 3.65%

Bank of America ( BAC ) - $7.55 Up 4.57% - They want to pay TARP back by next month

American International Group ( AIG ) - $1.49 Up 7.19%

Wells Fargo ( WFC ) - $16.22 Up 4.65%

General Electric ( GE ) - $10.67 Up 2.35%

HSBC ( HBC ) - $27.93 Down 2.34%

Financial Bear 3x ( FAZ ) - $20.31 Down 3.90%

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