Citigroup Inc. (C)

70.92
NYSE : Finance
Prev Close 71.79
Day Low/High 70.86 / 72.17
52 Wk Low/High 48.42 / 75.24
Avg Volume 12.68M
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

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

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

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

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

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 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

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?

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, ...