It's All About the Financials
What a difference a week makes. If you have been a regular reader of the blog then you know how […]
What a difference a week makes. If you have been a regular reader of the blog then you know how […]
Index 1. Commentary 2. Financial Sector Takes a Beating 3. Options Versus Stocks 4. Current Trade Updates 5. Alcoa and
Let’s see how this one turns out. Citigroup (C, $8.89, down $0.63), whose stock has been in shambles recently, initiated
Well, we all knew there would be drama when it came to getting the $700 billion banking bailout package approved
The market has been moving slightly higher this morning as Congress debates the $700 billion financial rescue package for the
Ditto. The market is up ANOTHER 400 points shortly after lunch and for the week the Dow is actually positive.
I profiled a Wachovia (WB, $10.80, down $0.71) option trade yesterday morning shortly after the market opened when the stock
There has been a slew of takeover offers or ones in the works that I wanted to mention this morning.
The market has just opened and the financial stocks look like they will be trading lower. I’ve been mentioning four
Citigroup (C, $18.80, up $0.68) and Wachovia (WB, $15.73, up $1.18) continue to rally today as the Dow is up
The “timing is everything” quote couldn’t have had more meaning today with a few of our trades. The bears had
Wachovia (WB, $18.32, up $1.20) is the top performer among financial stocks today as we get closer to the Federal