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Category Archives: FITB

Financials And Techs Lead The Market In Bounce: SPX, Nasdaq, POT, MOO, HBAN, STT, FITB

After 3 days of profit-taking, the market was strong right from the open today.  Financials and techs led the rebound.  Regional banks were especially jumpy:  HBAN +7.03%, STT +6.52%, FITB +7.12%.  Agriculture stocks continued to push higher.  We got back into both POT and MOO and again scored some nice trades: May 14, 2009 12:50 [...]

Weak Retail And Housing Data Spooks Market: SPX, Nasdaq, MGM, WYNN, LVS, BAC, HBAN, FITB, CME, SKF, SRS

Right out of the gate, the market was weak today.  Retail sales dropped and foreclosures on homes continued rising.  Stocks were mostly on the defensive and slipped lower as the day went.  Financials continued to fall from their recent heights.  BAC fell 10.20%; HBAN slumped 14.86%; FITB dropped 14.70%.  In the morning, MGM announced its [...]

Bank Stocks Up After Stress Test (Part I)

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Just a quick note after the official release of the Bank Stress Test. Here are some stocks jumping in after-hours: BAC STT (no addtional capital needed) GS C (less additional capital than expected) FITB HBAN PNC HIG AXP (no addtional capital needed) USB (no addtional [...]