| Prev Close | 78.22 |
| Day Low/High | 76.15 / 77.96 |
| 52 Wk Low/High | 60.05 / 83.11 |
| Avg Volume | 11.34M |
Citigroup Inc. (C)
76.44
NYSE : Finance
| Exchange | NYSE |
| Shares Outstanding | 2.11B |
| Market Cap | 165.36B |
| EPS | 8.10 |
| P/E Ratio | 10.37 |
| Div & Yield | 2.04 (2.54%) |
Latest News
Trading the Market Without Memory From Day to Day
* I am giving the market a wider than usual berth to rally before I reshort "When the music stops, in terms of liquidity, things will be complicated. But as long as the music is playing, you've got to get up and dance." - Chuck Prince (2007) I am qu...
Liquid
For those that are keeping score, I am very liquid today... Longs: , , , , , , , , , , and Shorts: , , , , , , , , , and __________ Long FDX (large), GLD (small), KSS, KHC (large), PZZA, TWTR (large), VIAC (large), M (large), GE (small), C, BAC, W...
2 Good Setups in the Banking Sector
As we finally see some decent pullbacks, here is a strategy to look at trade setups despite the market vulnerability.
Banks... It's an Issue of Timing Now
* With a less favorable reward vs. risk ratio, banks are less attractive over the near term I continue to increase my effective cash position and to reduce my gross exposure in this uncertain and elevated equity market. I have been adding to my shor...
Jim Cramer: 5 Reasons to Justify High P/E Multiples
These 5 points will determine whether a high-multiple stock is going to advance, decline -- or just coast.
5 Big Values in Small Bank Stocks
There are attractive opportunities in 2020 among lesser-known regional banks.
Morgan Stanley Really Is That Good
It quickly becomes apparent that across the board, this firm is executing at a high level.
Jim Cramer: In the U.S./China Deal, the Engagement Camp Won
I have been among the most wary of China and its ability to change. I remain that way. But the U.S. got more than I ever thought.
Bank Changes
Yesterday I shorted JP Morgan (at an average price of about $139.65) to hedge out a portion of my , and investments - which could be subject to a price correction in the weeks ahead. Yesterday and today I pared down C and BAC as they approach within...
Reduced BAC
Like Citigroup , Bank of America is trading within 10% of my year end 2020 price target - accordingly I reduced further, on pre-market strength, (but I am still medium-sized where I plan to stay) this name. Q4 results for BAC were better than expect...
China Trade Headline Pulls Market Back to Reality
What appeared as a day ready to take gains higher was knocked off balance by old news.
My Takeaways
Another win for da Bulls as the market bent but didn't break after the four-month-long advance: * Market breadth was +200 (at 3:30 p.m.) -- again not bad, all things being considered. * Oil was flat and gold -$4. * Bond yields dropped by 2-3 basis p...
Jim Cramer: Have Your Cake and Eat It, Too
This is one of those days when there's so much good news that it's overwhelming, and we see moves that we didn't think were possible.
Let's Break Down the Numbers on JPMorgan's Quarter
Here's why I shorted a few on JPM and my take on the eye-popping earnings.
Closely Watching Gold Mining
The group is in position to set up for another run.
Housekeeping Items
I have added to my short hedge (at over $140/share) and I have reduce (modestly) my long (still at medium-sized where I will likely stay ) at $82.40 (given my year end price target of $87.50-$90.00).
Will Earnings Season Cool an Overheated Market?
Earnings reports could provide a "sell the news" excuse for a pullback, but a powerful wave of Fed-created liquidity is crushing skeptics for now.
Hot Markets, Bank Earnings, China Dealings, Trading Tesla, Zscaler: Market Recon
Monday brought more record highs for the broader equity indices. As a trader, the feeling is so eerie. I'm not kidding.
JPM Short
As I mentioned in my post, I expect some profit taking in the banks stocks - even in light of slightly better than expected fourth quarter reports. Upon review of its earnings report, I have taken a small trading short in JP Morgan at $139.20 (in pr...
The Outlook for Citigroup (and the Money Center Banks)
--I approach this group with some near-term caution after outsized gains (of between +40% and +50%) in 2019 --Small earnings beats might be met with modest profit taking --Citigroup and my other money center bank holdings are now within 10% of my ye...
Market Melt-Up Appears the Mantra for Now
There are multiple reasons to be wary of the market at these levels, and to be concerned about potential of rising inflation.
3 Major Banks Report Earnings Tuesday
JP Morgan, Citigroup, and Wells Fargo will be first up.
Banks Lead Off Q4 Earnings, Safeguarding the Yield Curve, Jobs Data
You are hearing talk of an 'earnings recession'. Just talk, my friends. Our marketplace has already been mired in an earnings recession for quite some time.
Will Big News Catalysts Slow the Market Uptrend?
Stocks are set to gap up at the open this morning, but the big question is whether the news flow will be used as an excuse for some further profit taking.
The Dow Touches 29,000 and Sellers Step In
It is highly unlikely that the indices are going to roll over and go straight down from here.
Investors Dance the Watusi
* These days the "Watusi girl is really smart" * The Wah Watusi was the all the rage but similar to other dance crazes (The Macarena or Locomotion) it didn't have legs and it's popularity faded abruptly "When the music stops, in terms of liquidity, ...
My Pick for 2020? You Won't Believe It's Been on Your Screen All Along
This company made headlines in 2019, and I'm betting on it as a great play -- in many senses of the word -- for this new year.
Risk Assessment, ETNs, Inflation Thoughts, Trading Citigroup: Market Recon
What we have learned is that the holiday season outweighed the last weekly options expiration event of the decade for most investors/trader types. More of the same this week?
