After Jamie Dimon bought JPM, investors seem to be content with owning other financials. I guess spending $26 million in owning JPM, clearly shows he things JPM is undervalued, and other financials should be equally so...
Sentiment: Strong Buy
Candy, Are you the same girl that used to do PORN movies. I thought you were HOT! It is good to see you interested in Investing & banks.
She's doing that to help the banks yet again get out of the hole from that bad oil loans and you FOOLS pay for it. Meanwhile to control you they suggest its dangerous to mattress stuff or personal vault or buy gold. You keep listening to them, you will zero left for savings.
Its better then Missing by 0.1% and at the first of the year it is always slow, especially when the market is a bear market. U.S. is still growing and that is good.
Enough to pin this at $37 before another round of bending longs over starts next week...follow the path of least resistance
A screamer of 0.1%! Sorry guys, we needed capitulation, and the head line yesterday spoilt it. Its not about shares, it's all about stocks option owned by the banks.
You may think this is spam but before you exit give this post a second read. PVHO could be the biggest growth opportunity in the entire market right now. They just recorded record revs and on top of that have partnerships with major national brands. Their 3d technology is unrivaled right now. Put PVHO on your watchlist today!
Stock below $4.00 and dividend is still one half of a penny. What is Corbat going to do? Expect some more tellers to be fired, branches closed. Large bonuses and stock grants will be given to the upper executives and board members.
PVHO could be the biggest growth opportunity of the year. I know this post looks like junk but do your own research. PVHO already has over 1M in revenue + major contracts with national brands. Intel even got behind this one. Do your research before it’s too late.
and Citi CEO Corbat buys 1 million and COB O'Neil buys 1 million in there Bank stock, that makes for a warm feeling.
Maybe that help explain why Citi is down 41% from its high in July. Even Corbat and O'Neil don't feel good about Citi.
Whatever your doing, stop it now and join Ultimate Stock Alerts (google them). I am serious, if you like to trade Nasdaq and nyse small cap momentum stocks this is a MUST DO.
Notice every bounce from the bottom jumps 2 pts only to drop 4 the next few days. So if we hit $36.70, then expect $32 next week when market resumes it's usual crash...
Given fed stress tests and high capital requirements, C has been building capital capital by not paying out earnings in the form of a dividend or doing stock buy backs. As such, C balance sheet is now flush with capital from retaining multiple years of strong earnings. Sell off to multiyear lows make no sense as the company 's balance sheet is strongest now than in recent history.
that will peter away. Banks just love it. I told you to get out of this market. Today might be the last day before US markets will show up 5% and more loses like in EU and Asia. But of course with retail sales better 'than expected' bulls try to gain some momentum into the next week without major economic indicators thet just drift up and up, like the balloon we have seen last five years. In that case you are lucky to get out.