|Day Low/High||14.23 / 14.54|
|52 Wk Low/High||11.12 / 16.05|
With earnings season in full swing, trading remained volatile this week and we added shares to two model portfolio positions and trimmed three others.
This name is trading higher today and touching a five-year high, so we will use this opportunity to book some gains.
Support for this prediction seems to rely on having the Fed behind us and a market that does not want to go down.
Trade-Ideas LLC identified Huntington (HBAN) as a post-market leader candidate
Two large-cap banks grew third-quarter revenue-per-share, but if mortgage income is excluded, seven saw growth in revenue-per-share.
Capital One, Fifth Third Bank, Goldman Sachs, Morgan Stanley and SunTrust among results in review.
As the market celebrated the end of the government shutdown this week, we booked some profits in two positions and added shares to another holding.
Bank stocks led the broad market higher on Thursday, after the government shutdown ended and a federal default was averted.
This banking name reported positive quarterly results, and management noted that the commercial loan pipeline is robust.
The bank beats the consensus third-quarter earnings estimate, even when an extraordinary benefit from pension curtailment is excluded.
The lender's adjusted third-quarter earnings match the consensus estimate, as a decline in mortgage income is partially offset by lower expenses.
Huntington Bancshares Incorporated (NASDAQ: HBAN; www.huntington.
There was positive news all over the market, and that's cause for celebration, Cramer says.
On the call, we'll be listening for more details about a recent acquisition and management's take on growth and credit trends.
New Dow component Goldman Sachs, older Dow components United Healthcare and Verizon in today's pre-earnings for preview.
We used the volatility this week to add shares to four model portfolio positions and we also trimmed one holding.
This Two-rated name is paying cash and stock for the deal, which is expected to add to earnings within the first year.
Only one -- Northern Trust -- of the 24 members of the regional banking index is below its 200-day SMA.
Huntington Bancshares Incorporated (NASDAQ:HBAN; www.huntington.
Don't expect upward earnings estimate revisions for banks this earnings season.
Huntington Bank (NASDAQ: HBAN; www.huntington.
We made no changes to the model portfolio this week, which saw the volatile markets end higher despite the government shutdown.
This week, David Peltier answers a subscriber's question about a pair of model portfolio banking stocks.
Taking advantage of the market's volatility this week, we made several trades within the model portfolio.
Huntington (NASDAQ: HBAN; www.huntington.
A new name joined the model portfolio this week and we used the market's volatility to trim one name and build up another.
Huntington Bancshares Incorporated (NASDAQ: HBAN) expects to report its third quarter earnings on Thursday, October 17, 2013, prior to the market opening.
Investors in Huntington Bancshares, Inc saw new options begin trading today, for the January 2016 expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 851 days until expiration the newly trading contracts represent a possible opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration.
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