Today, 2/11/09, the bank stocks appear to be getting a bounce as stocks get set to open in about 2 hours. I continue to watch Bank of America ( BAC ) for signs of strength because if you believe this bank won't be nationalized, you can day trade it daily. Later today, some of the biggest Wall Street bank Ceo's will testify before Congress. Congress will be asking JP Morgan, Citigroup, and Bank of America some tough questions. With that said, I expect the banking stocks to be volatile today!
Banking Stock Update - February 11th, 2009
UBS AG ( UBS ) - $11.81 Up 5.25% - Swiss bank UBS AG loses $7.57 billion in 4th quarter, cutting 2,000 more jobs. This stock ripped higher yesterday but after the stock market fell apart, UBS gave back of its gains. UBS is bouncing right back this morning!
Citigroup ( C ) - $3.51 Up 5.24% - Citigroup is set the rebound after briefly trading over $4 yesterday.
Bank of America ( BAC ) - $5.72 Up 2.88% - Bank of America is the ultimate trading stock says Guy Adami on CNBC's Fast Money last night.
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Showing posts with label finacials. Show all posts
Showing posts with label finacials. Show all posts
Wednesday, February 11, 2009
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.
Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Baltic Dry Index
For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free
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.
Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Baltic Dry Index
For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free
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