This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Bull Market Will End Without Big-Bank Leadership

Value Level: Price at which to enter a GTC limit order to buy on weakness. The letters mean; W-weekly, M-monthly, Q-quarterly, S-semiannual and A-annual.

Pivot: A level between a value level and risky level that should be a magnet during the time frame noted.

Risky Level: Price at which to enter a GTC limit order to sell on strength.

Bank of America (BAC) ($12.14 vs $11.88 on Feb 6) -- missed EPS estimates by three cents earning $0.20 per share on April 17. The weekly chart shifts to negative with a close this week below the five-week MMA at $12.06. My semiannual value level lags at $9.01 with a monthly risky level at $14.00.

Citigroup Inc (C - Get Report) ($45.87 vs $42.92 on Feb 6) -- beat EPS estimates by $0.11 earning $1.29 on April 15. The weekly chart profile stays positive with a close this week above the five-week MMA at $45.00. My annual value level is $33.19 with a monthly risky level at $51.61.

Fifth Third Bancorp (FITB) ($16.75 vs $16.51 on Feb 6) -- beat EPS estimates by a nickel earning $0.44 on April 18, then set a multi-year high at $17.04 on April 30. The weekly chart profile stays positive with a close this week above its five-week MMA at $16.43. My monthly value level is $16.50 with a semiannual pivot at $16.87 and monthly risky level at $17.40.

Huntington Bancshares (HBAN) ($7.06 vs $7.12 on Feb 6) -- beat EPS estimates by a penny earning $0.17 on April 17. The weekly chart profile stays negative with a close this week below its five-week MMA at $7.15. My quarterly value level is $6.19 with a monthly pivot at $7.09 and weekly risky level at $7.47.

JP Morgan Chase (JPM) ($48.01 vs $48.79 on Feb 6) -- beat EPS estimates by $0.21 earning $1.59 on April 12. The weekly chart shifts to negative given a close this week below its five-week MMA at $48.23. My semiannual value level is $46.82 with a weekly pivot at $48.51, and monthly risky level at $53.67.

2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG
C $53.89 1.10%
TSLA $234.00 3.50%
YHOO $42.36 -0.48%
AAPL $130.36 4.20%
FB $79.65 1.10%

Markets

DOW 18,101.20 +77.14 0.43%
S&P 500 2,108.29 +22.78 1.09%
NASDAQ 5,005.3910 +63.9670 1.29%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs