Tag: bank stocks

Following yesterday's close, the Fed released the final installment of its annual stress test (the CCAR) of the 30 largest TBTF "systemically significant" banking institutions...

Mid-way through earnings season, the Financials sector continues to lead its peers in Q4 2013 earnings growth. Though estimates of its growth rate have...

Bank stocks have seen better days. Large US money center banks (e.g. Bank of America) and bank holding companies (e.g. Goldman Sachs) with few exceptions...

After surging 20 percent above its 200 day moving average, the Bank Index (BKX) spent much of August in pain. The index alone fell...

By Andrew Nyquist     Late last week I received a request to look at Citigroup stock (Ticker symbol: C).  As per usual, I started to dig...

By Andrew Nyquist Technically speaking, the Bank Index (BKX) has been weak for some time. We had the September/October double top tails followed by a weak...

By Andrew Nyquist It's not coincidence that the Bank Index pulled back, sometimes leading the general market lower. For this reason, it's always good for investors...

By Andrew Nyquist The past six weeks have been an interesting ride full of crosscurrents and cautionary tales in the financial markets. Rewind to the week of...

By Andrew Nyquist Last weekend I penned a technical piece "Watch the Banks" and wrote the following: "After topping with other major market indices on Friday September...

By Andrew Nyquist With improving technicals and a lion's share of the downside priced in, the financials are showing relative strength.  And, although it is early...