Banks

AIG – America International Group – shares (NYSE:AIG) is now ripe for bullish trend. All indication, including the price action, points to further northward journey. It is expected that the market would make higher lows and higher highs within the next several months. For this analysis, we use 4 EMAs and they are EMAs 10, […]

There are still almost three hours of trading time left in New York, but with the Dow down by more than 228 points to 17,760.87, the Nasdaq down 42.02 points to 4,851, and the S&P 500 down 20.26 points to 2,045.9, it does not appear that the day is going to end well. Normally, I […]

Standard Chartered Bank shares (LSE:STAN) have the possibility of going upwards this year. The market was under pressure last year, consolidating towards the end of that year and in the beginning of this year. Now, the market has broken upwards as it is ready to journey northward. The price is above the EMA 21 and […]

Repurchase of up to 5% of its outstanding shares of common stock Oritani Financial Corp. (Nasdaq:ORIT), the holding company for Oritani Bank , today announced that its Board of Directors has authorized the repurchase of up to 5% of its outstanding shares of common stock, or 2,205,451 shares. In conjunction with the commencement of a […]

The share price of Barclays (LSE:BARC) fell 3.22% on the LSE today, closing at 254.30, dragging the nearly record-setting FTSE 100 index from its lofty heights of 02 March back to 6,889.13. The decline today was clearly attributable to two things: the release of the bank’s final results for the year ended 31 December 2014 […]

HSBC Holdings shares (LSE:HSBA) are currently downbeat and buyers should stay away. The market has been trending down generally for several months, with transitory rallies proffering opportunities to go short. Right now, the price is trading below the EMA 21 and the Williams’ % Range period 20 is gallivanting around the oversold region. This is […]

Bank of America stock (NYSE:BAC) is currently a dicey market and one should stay away until there is a predictable direction. The price made some effort to go north last year (2014), but there was a sharp pullback in the month of January 2015. The price is now trying to recover from the sharp pullback. […]

You just know it’s going to be a bad day when it’s time to report a 17% decline in pretax profit for any period. This morning, HSBC Holdings (LSE:HSBA), Europe’s largest bank, reported a 17% decline for the entire 12 months ending 31 December. The company’s share price followed suit post-announcement, falling more than 5.1% […]

Lloyds stock (LSE:LLOY) is not an attractive market at the moment. The choppy and volatile price is a pain to the speculator, except one waits for the price to start moving in a determined manner. The high volatility and choppy conditions happened last year and they are also happening this year, though the price is […]

Barclays shares (LSE:BARC) are currently strong. The price was strong for the most part of the year 2014, though there were occasionally vivid pullbacks which allowed bulls to go long when things were slightly down and in the context of an uptrend. Looking at the historical data, it would be seen that the best approach […]