| Prev Close | 71.79 |
| Day Low/High | 70.86 / 72.17 |
| 52 Wk Low/High | 48.42 / 75.24 |
| Avg Volume | 12.68M |
Citigroup Inc. (C)
70.92
NYSE : Finance
| Exchange | NYSE |
| Shares Outstanding | 2.26B |
| Market Cap | 162.18B |
| EPS | 6.70 |
| P/E Ratio | 10.42 |
| Div & Yield | 2.04 (2.54%) |
Adding to These 3 Stocks
In addition to taking a trading long rental in , I have added to $51, $54 and $24.10 in the early going.
Adding to 4 Longs at the Outset
I have added to these longs at the opening: Bank of America , Goldman Sachs , Citigroup and the aforementioned CBS .
We Need a Catalyst to Keep the Rally Going: Market Recon
Without a take and hold of the 2570 level, this rally is all just a trading exercise.
Here's How to Panic in a Very Smart Way
The smart way to panic is to remove any trace of financial systemic risk from your portfolio.
Jim Cramer: With Money Out Exceeding Money In, Bargains Are Going to Waste
Where is the money that's supposed to take advantage of the declines? Nowhere.
Stocks in My Pension Plan
Here is a list of stocks I own in my pension plan: , , , , , , , , , .
Deutsche Bank Is Too Big to Fail
DB isn't likely to become the next Lehman Brothers. It's more likely to become the next Citigroup.
I Am Personally Buying Stocks Now
For about two years my personal pension plan has been entirely in short term Treasuries. This morning I abandoned that strategy and I have taken positions (on the opening) in the following stocks: , , , , and . I have no current intention of trading...
Long Exposure Expanding
I am expanding my long exposure this morning - adding to , and .
Today's Trades
I have added to the following longs: , and .
Added to My Financials
I have added further to my trading layer (on top of investment position) in financials this morning. ( , and ) I will have more on financials on Monday - in a more lengthy analysis. I will be at a Board of Governors meeting at my golf club from 12-2...
Establishing Longs
I just established the following longs (in a new managed account): Square $64.96, Goldman Sachs $185.57, Wells Fargo $52.29, Citigroup $62.52, and Bank of America $27.19.
Kass: I View Deutsche Bank as the Next Black Swan in Europe
DB's shares hit another new low overnight.
Deutsche Bank's Woes are a Positive for U.S. Money Center Bank Stocks
* Large U.S. banks are rapidly gaining share in fixed income trading and retail and corporate lending Deutsche Bank's shares have hit another new low overnight. As I have written in the past, I view as the next Black Swan in Europe: "Like Sears , De...
Today's Trades
I have added to the following longs: , , and .
What's Going On?
* The market structure changes have brought on new and meaningful market risks * I am fearful of 'Portfolio Insurance (Part Deux)' in which "buyers who previously bought high become aggressive sellers selling low" * I am also fearful of the deterior...
A Look Back on My Trading Week
Of the trading long rentals I took in the market's schmeissing earlier in the week, only a small position in Cisco remains. I expect to continue to hold the add-ons in Twitter , Citigroup , Bank of America , JPMorgan Chase and Wells Fargo . (These a...
Warren Buffett Gives Bank Stocks His Imprimatur
As mentioned on Wednesday, despite already sizable holdings, Warren Buffett's Berkshire Hathaway purchased nearly $14 billion of financial services equities in the most recent quarter: * Bank of America (198 million shares, $5.7 billion) * JPMorgan ...
Citigroup Has Made a Large Top Formation So Investors Should Go Flat
Citigroup's charts and indicators are bearish.
I Am Poised to Move Back to a Large Short Position
As the market broke down late last month I penned a column, "A Contrarian's Thoughts" (while I unemotionally took on a number of trading long rentals based on the expectation of a possible rally in the S&P Index towards 2800-2850): "The pessimism i...
A Shopping List of Possible Buys
I am not making a long purchase today. But if you don't share my ursine market view I would consider the following at current prices: , , all banks ( , , and ), retail ( and ), and .
Market Observations
* Trading unemotionally and opportunistically I aggressively bought into the very large sell program at about 3-3:30 p.m. All I can write is that it was a wild day with possibly one of the largest intraday moves I have ever seen. These sort of spa...
Whither Bank Stocks?
* I am aggressively using the current weakness in bank stocks to expand my long investment positions * In a fairly valued market, banks represent uncommon value * Bank stocks may be among the best long hedge (I know of) as viewed and measured agains...
Bank Buys Today
My largest buys today were in Bank of America , Citigroup , JPMorgan and Wells Fargo .
Jim Cramer: The Move Out of Regional Banks Is Fed-Fueled
The shift from regional to national banks is stark.
Jim Cramer: Is This as Good as It Gets?
Will it be too painful to stick around while you wait for the Fed to change course?
Reiterating a Bullish Long Term Thesis on the Banks
*In a richly valued market banks represent uncommon value I have been following banks and other financial stocks for 40 years. I believe I have "Street Cred" as back in the early 1970s (while getting my MBA at Wharton), as a "Nader Raider" I co-auth...
Citigroup Third-Quarter Review
Overall, third-quarter 2018 bank results were slightly better than I expected. I will review each today, starting with Citigroup : Citigroup recorded a profit of $1.73 per share, about a nickel above consensus. The results, in quantity and quality, ...
