Fadi El-Eter

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...

Financials in general did not do well in the second half of 2010, plagued by regulations, rumors, and world riots. Not to mention, of course, that the largest banks are still losing money. One financial company though is making money, has been somehow...