Category archives for: Banks

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.

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!

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 [...]

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 [...]

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