Back in 2011, when I used to be actively trading many bank stocks, large investors were generally excited about their prospects (their refers to the bank stocks) when the economy rebounds. Even Warren Buffett bought about 5 billions worth of shares in...
We're now in the beginning of January 2012, and the January Effect is now set to take place: stocks that should not go up will go up, merely because those who have sold them back in December will buy them back in January. The January Effect will...
- (1) Comment
- Tags: AIG, BAC, BP, c, CA, DANG, GRPN, LNKD, MFC, NFLX, NOK, QSFT, RIG, RIMM, YOKU
After my accurate prediction of the IRE reverse split back in July (3 months before the actual reverse split), I am now pondering, which stock is next on the reverse split list. And then I thought, hmmm, Bank of America is technically becoming more and...
Well, 2011 is almost over, there is now less than 3 months until 2012, so the title of the article should have been "What were the hottest stocks in 2011?"...
In any case, here's what I think the hottest stocks in 2011 (note that a hot stock does not...
I am watching closely nearly all US bank stocks, and here are some facts from my observations:
Most of their respective companies are (officially) making money (with the exception of Bank of America).
Nearly all of them have a very low P/E hovering...
According to CNN, yesterday was the 7th most horrible day in the stock market. The Dow index went down 635 points (or 5.55%), while the S&P went down 80 points (or 6.67%) The most affected sector was the financial sector, where stocks such as BAC and C...
For the first time in nearly 2 years, Citigroup's (NYSE:C) market capitalization is now below $100 billion, thus reducing the number of US listed banks (note: US listed banks are not the same as US banks) that have a market cap over $100 billion to just...
I was just checking C this morning in the wake of yesterday's horrors. It is trading at a one year low (of course, after taking the reverse split back in May into consideration) of $34.81 (that's only $3.48 before the reverse split). The stock right now...
A P/E Ratio (meaning the Stock Price/Earnings ratio) is an important metric in assessing the health of a stock. A P/E Ratio is simply the price of the stock divided by the current yearly earnings per share. Let's look at C (NYSE:C). C has a current price...
In this current market, we are seeing more and more reverse splits taking place. The latest prominent reverse split was Citigroup's, which outcome wasn't (to say the least) impressive. When there's a reverse split, new investors wonder, is that good for...