Teh Banks!
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Kind of related unrelated I would like to see how its going to affect pro sports teams. I have a feeling ticket sales wont be so high next year, advertising not going to be so prevalant or cost as much I wonder how many multi million dollar per yr contracts are going to be handed out? DDont mean to hijack though.
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Looks like the market is happy over Citi's announcement. Citigroup Inc. said it had operated at a profit during the first two months of the year. That has driven up all the stocks today. Let's see how much fuel this drive has.
The market is so damn sketchy though but at least citi in the green up 39%.....
Up Up Up!!!
The market is so damn sketchy though but at least citi in the green up 39%.....
Up Up Up!!!
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Other banks..
Symbol Last Trade Change
BAC 4.71 +0.96 (25.60%)
JPM 18.98 +3.08 (19.37%)
WFC 11.63 +1.66 (16.65%)
MS 19.7 +3.22 (19.54%)
PNC 23.69 +3.97 (20.13%)
BCS 3.77 +0.44 (13.21%)
HBC 27.19 +2.93 (12.08%)
AXP 11.78 +1.14 (10.71%)
GE 8.88 +1.47 (19.84%)
UBS 8.46 +1.22 (16.85%)
Symbol Last Trade Change
BAC 4.71 +0.96 (25.60%)
JPM 18.98 +3.08 (19.37%)
WFC 11.63 +1.66 (16.65%)
MS 19.7 +3.22 (19.54%)
PNC 23.69 +3.97 (20.13%)
BCS 3.77 +0.44 (13.21%)
HBC 27.19 +2.93 (12.08%)
AXP 11.78 +1.14 (10.71%)
GE 8.88 +1.47 (19.84%)
UBS 8.46 +1.22 (16.85%)
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Looks like the market is happy over Citi's announcement. Citigroup Inc. said it had operated at a profit during the first two months of the year. That has driven up all the stocks today. Let's see how much fuel this drive has.
The market is so damn sketchy though but at least citi in the green up 39%.....
Up Up Up!!!
The market is so damn sketchy though but at least citi in the green up 39%.....
Up Up Up!!!
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Yeah but people are "happy" with it. It has caused that typical wall street 24 to 48 hour confidence. LOL we'll see how it looks at the end of the week!
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Oh indeed, I agree.. Its fun watching this thing this morning.
Look at JPMC and AMEX! RIIIAAAAAAAASEEE!!! Almost up 3 dollars..
Look at JPMC and AMEX! RIIIAAAAAAAASEEE!!! Almost up 3 dollars..
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Yeah this was a good day for the stocks and banks in general!
NEW YORK (AP) -- Wall Street has had its best day of the year, storming higher after some good news from Citigroup.
Citigroup Inc. says it operated at a profit during the first two months of the year. That energized financial stocks and in turn, the entire stock market.
However, many analysts are still cautious -- noting that Wall Street has seen many blips higher since the credit crisis and recession began. And no one is confident this advance will hold.
According to preliminary calculations, the Dow Jones industrial average is up 379 at 6,926. The Standard & Poor's 500 index is up 43 at 720. The Nasdaq composite index is up 90 at 1,358.
More than 15 stocks rose for every one that fell on the New York Stock Exchange. Volume came to 2.17 billion shares.
Citigroup Inc. says it operated at a profit during the first two months of the year. That energized financial stocks and in turn, the entire stock market.
However, many analysts are still cautious -- noting that Wall Street has seen many blips higher since the credit crisis and recession began. And no one is confident this advance will hold.
According to preliminary calculations, the Dow Jones industrial average is up 379 at 6,926. The Standard & Poor's 500 index is up 43 at 720. The Nasdaq composite index is up 90 at 1,358.
More than 15 stocks rose for every one that fell on the New York Stock Exchange. Volume came to 2.17 billion shares.
