Market Rallies Without the Banks
- Joshua M Brown
- December 1st, 2009
Did you happen to notice that today's triple digit rally happened without the banks? JPMorgan cut estimates on its peers in financialville and no one seemed to care.
Here's what some of the Money Center banks did on the day:
| Laggards in Price Performance (Intraday) | |
| SUNTRUST BANKS [sti] | -1.82% |
| T C F FINANCIAL CORP [tcb] | -1.75% |
| ORIENTAL FIN GROUP [ofg] | -1.55% |
| P N C FIN SVCS GR [pnc] | -1.35% |
| United Bancshares, Inc. [uboh] | -0.87% |
| JP MORGAN CHASE CO [jpm] | -0.64% |
| CITIGROUP INC [c] | -0.24% |
| WELLS FARGO & CO NEW [wfc] | -0.18% |
Full Disclosure: Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities, please see my Terms & Conditions page for a full disclaimer.
blog comments powered by Disqus-
The Reformed Broker is a blog about financial markets and the economy. Joshua Brown is a New York City-based investment advisor for high net worth individuals, charitable foundations, retirement plans and corporations... More. -
Archives
Blogroll
- A Dash of Insight
- Aleph Blog
- Barry Ritholtz
- Bespoke Investment Group
- Broke and Broker
- Cafe American
- Charts and Coffee
- Crossing Wall Street
- Daily Crux
- Dealbreaker
- Development Blog
- DJ Market Talk
- Documentation
- Epicurean Dealmaker
- Eric Jackson
- Forbes Freestyle Blog
- FT Alphaville
- Fund My Mutual Fund
- Greenbackd
- Howard Lindzon
- Investing Caffeine
- Investment Postcards
- Jr Deputy Accountant
- Kirk Report
- LOLFed
- Market Folly
- MarketBeat (WSJ)
- Naked Capitalism
- Paul Kedrosky
- Research Puzzle
- Sell Timeshare
- Stone Street Advisors
- Take a Report
- The Fly
- Things Apple is Worth More Than
- Trading Education
- Ultimi Barbarorum
- UrbanDigs
- VIX and More
- WSJ Financial Adviser
- ZeroHedge
-
