|Day Low/High||113.99 / 116.48|
|52 Wk Low/High||100.08 / 127.39|
BB&T, M&T Bank, PNC Financial, SunTrust and U.S. Bancorp have rising momentum on weekly charts.
The most recent short interest data has been released for the 08/15/2016 settlement date, and we here at Dividend Channel like to sift through this fresh data and order the underlying components of the S&P 500 by "days to cover." There are a number of ways to look at short data, for example the total number of shares short; but one metric that we find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares typically traded. The number of shares short is then compared to the average daily volume, in order to calculate the total number of trading days it would take to close out all of the open short positions if every share traded represented a short position being closed.
Here's a technical look at how to trade some of the biggest stocks on Wall Street.
M&T's customers gain surcharge-free access to cash through expanded network
Designed for easier use and navigation and enhanced functionality
BB&T, M&T Bank, PNC Financial, SunTrust and U.S. Bancorp had negative weekly charts before reporting earnings but that changed. M&T, however, remains negative.
TheStreet highlights 3 stocks pushing the banking industry lower today.
BB&T, M&T Bank, PNC Financial, SunTrust and U.S. Bancorp have negative weekly charts going into earnings.
The U.S. units of Deutsche Bank and Banco Santander continue to have problems, while Morgan Stanley must resubmit its capital distribution plan by the end of December or fail.
These 5 regional banks have positive weekly charts, but the daily charts show investors how to trade them.
TheStreet highlights 3 stocks pushing the financial sector lower today.
Banking stocks climbed on Friday, with gains for JPMorgan Chase and KeyCorp, as traders bet that the Federal Reserve will raise interest rates in June.
The Federal Reserve has been on a roll approving regional bank acquisitions with more to come, even as the Department of Justice is cracking down on mergers.
Stocks with insider trader activity include MTB, WTFC and CRM
Here are Friday's top research calls, including downgrades for Yum! Brands, American Express and D.R. Horton, and an upgrade for Norfolk Southern.