Category: Banking Stocks
The analysis published under this category are as follows.Monday, November 19, 2007
Banking Stocks - Is It Time To Buy? / Companies / Banking Stocks
Having warned of the problems facing UK banks back in August and specifically that by Northern Rock Bank, followed by subsequent commentary warning of the continuing crash in the finance sector. Now the sell off of all and sundry may present long-term opportunities in the hard hit sector.Read full article... Read full article...
Tuesday, August 14, 2007
MPTrader - Citigroup Should Hold Here for a Rally / Companies / Banking Stocks
Either today's swoon in Citigroup (NYSE: C) is a retest (so far successful) of the August 6 low at 45.02 or the continuation of a new downleg that started at the establishment of the August 8 rally peak at 49.88. If it turns out to be the former, then C should pivot to the upside with some power in an effort to re-probe resistance at 49-50.Read full article... Read full article...