Citigroup Inc. (C)

69.39
3.10 4.30
NYSE : Finance
Prev Close 72.53
Open 72.63
Day Low/High 69.00 / 73.21
52 Wk Low/High 60.05 / 83.11
Volume 27.32M
Avg Volume 11.42M
Exchange NYSE
Shares Outstanding 2.11B
Market Cap 165.36B
EPS 8.10
P/E Ratio 10.14
Div & Yield 2.04 (2.53%)

Latest News

Ugly Scenarios, Ugly Stocks, Ugly Bonds... You Get the Picture: Market Recon

Ugly Scenarios, Ugly Stocks, Ugly Bonds... You Get the Picture: Market Recon

Plus, a bit of coaching on how to put your money to work opportunistically amid the uncertainty.

The Market's Structure and a Black Swan (Called Coronavirus) Are a Toxic Cocktail of Risk

* Risk happens fast - as we now take the elevator down * At 4:45 am S&P futures were -90 and Nasdaq futures were -315 handles * Market structure - in which the majority of products and strategies are bullish and lie on "the same side of the boat" - ...

My Recent Moves

I thought it might be helpful to briefly summarize some of my more meaningful moves in the market over the last few weeks: * I eliminated Goldman Sachs around $240 (my year end 2020 target price) and reduced the size of my , and longs. Lower interes...

6 Favorite Financials: Value Stocks to Take to the Bank

6 Favorite Financials: Value Stocks to Take to the Bank

These undervalued names fit well in a diversified portfolio.

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

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

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

5 Big Values in Small Bank Stocks

There are attractive opportunities in 2020 among lesser-known regional banks.

Morgan Stanley Really Is That Good

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

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

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

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

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

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?

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

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

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

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

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?

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.