Posts Tagged ‘c

I've traded with most bank stocks and I can safely list the 3 worst bank stocks currently listed on the market (starting from the ultimate worst, oddly enough the list below is also sorted by alphabetical order): - AIB (Allied Irish Bank) - BAC (Bank...

One of the worst bank stocks (of course with the exception of AIB and IRE) is BAC (Bank of America Corporation). This stock is in a downtrend since April of 2010, and everytime the stock breaks the $15 level, it goes down a few dollars. The stock reached...

I learned 2 things since I first started trading: 1- What goes up will go down (and vice versa). 2- BAC can be a dangerous stock. I sold all of my BAC shares by the end of last month, at around $13.30. Almost a week later, the stock went up a buck,...

November 2, 2010 | In: Opinion

Volatile Day Ahead

The market will open in a 15 minutes (or less), and most of the stocks I'm watching are up in the pre-market, let's see if the levels we're seeing ahead of the trading are sustainable throughout the day. I personally feel that today will be very volatile...

November 2, 2010 | In: Opinion

Elections and the Stock Market

Ever since I began trading, I started paying attention to everything, even the current senate election, that should happen tomorrow. The reason why is that a few people believe that these elections can positively affect the performance of the stock...

October 25, 2010 | In: Financial

Citigroup Is Set to Jump Today

C closed Friday at $4.11, it is currently trading at $4.24 in the pre-market, up 3%. Why is that? Apparently investors are sensing that the Citigroup is one of the very few financial institutions that is shielded by the treasury, for reasons that may only...

October 20, 2010 | In: Financial

BAC: Is There an End in Sight?

Every time I buy BAC I regret it later on, even though I vowed many times not to buy this stock, I still buy it thinking that it's undervalued, and I still believe that it's undervalued, but obviously the market doesn't. BAC is now trading at $11.59 in...

October 18, 2010 | In: Financial

Citigroup: A Resilient Stock

Every day there are some bad news coming about banks: foreclosures, new regulations, etc... Of course, bank stocks are hugely affected by these bad news, there is one bank stock that is resiliently moving up: C. I love C, I always feel depressed if I...

Looking back at last week, when the market was horrible, I have spotted many opportunities, but unfortunately I didn't have the money to buy the stocks, including: AAPL: The stock went down to less than $240 last week. Anyone who had the money and knew...

Like almost all other financials, Citigroup's stock is dropping like crazy. But Citigroup has more to worry about than just the economy: The treasury owns 18% of Citigroup shares and does not want them. 18% is just above 5 billion shares, and they're...

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