This is very frustrating to watch the market go up and HBAN
That's how HBAN is. If you wait till earnings come out, you will really get frustrated when it drops like a rock. There are too many toxic assets still on the books and more coming in every day. The banks are not out of this mess by any means. I expect HBAN to act just like last earnings report and it has run up prior to the report and will fall after earnings announcement.
point made on Kudlow last night was that with retailers "supposedly" showing better than expected earnings that "some" of the commercial real estate pressure could ease as chains try to open a few stores
Are you kidding me. All I see in California are stores closing and people getting laid off. This is going to be a disaster for the banks to come. There is another wave of mortgage resets coming in the next six months and it's not going to be pretty. All the banks are trying to keep these defaults to a reasonable flow, but they are coming in faster then they can get them off there books.