Tuesday, November 17, 2009

Watching Financials...Again

We're watching for the slightest chink in the armor of some of the largest financial institutions before loading more FAZ. Quite a few are on the ropes right now.
  • HSBC 62.82
  • JP Morgan 42.75 (Watching 41.52)
  • Bank of America 15.66 (Hittin' its head on 50 dma)
  • Wells Fargo 28.16 (Watching 28)
  • Citi 4.18 (Having trouble with 4.25)
  • Goldman 176.51 (170ish?)
  • Visa 79.51 (Trouble @ 78)
  • Morgan Stanley 33.38 (32 along w/ 50 dma)
  • U.S. Bancorp 23.53 (23 and 50 dma)

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