Four out of five canadian bank stocks forming descending triangles
Canadian bank stocks have some challenges to deal with when it comes to moving higher.
September 3, 2010 | Posted in Banks | Read Article »
Category archives for:
Banks
Bank of America needs a bounce off $12.30
Hi Lou,
What do you think? Is Bank of America Corp (NYSE: BAC) a good value at this point, or am I waiting for a deeper discount before I will consider buying some?
Vincent
Hi Vincent,
Thanks for the assignment. I recently screened over 60 mid cap U.S. banks for the Trade By Numbers feature published exclusively on globeinvestor.com, so this [...]
August 30, 2010 | Posted in Banks | Read Article »
Freddie’s Not Dead
From a risk management perspective I would say the best play would be the ride from $2.50 to $5.00 if it gets there.
April 26, 2010 | Posted in Banks | Read Article »
Citigroup needs to get through $5
Back on February 26 th it was noted that a good entry point would be in the $3.85 range and at yesterday’s close it has provided a 26.49% return. Yes you have to manage the foreign exchange risk but still sweet!
April 23, 2010 | Posted in Banks | Read Article »
Stop Not Using Stops
The sanctity of the dividend is the foundation that supports investor confidence in a company.
Don’t Bank On The Banks!
Gabe from North York, Ontario writes about bank stocks:
Hi Lou, Love the program on AM640, I listen without fail. I am wondering what you think about the timing on getting into bank stocks ie. TD, BMO etc. Have they bottomed?
Hi Gabe, That’s the Nine Trillion Dollar question! But the charts are fairly clear [...]
February 23, 2009 | Posted in Banks | Read Article »
Washington Mutual is in a Rough Place
Hi Lou,
Keep up the great work! Lou could you please give me your thoughts on Washington Mutual WM. Since it looks like they may get bought out.
Thank-you
Steve
Hi Steve,
Thanks for the encouragement! Washington Mutual Inc., WM NYSE is in a rough place. Today they had their debt rating cut again sending their debt to the lower [...]
September 25, 2008 | Posted in Banks | Read Article »
