Bryan Leighton's Blog Posts Tagged 'C' (33)

Financial Stocks Lead The Rally

This morning, all of the leading financial stocks are catching a bid higher. This is the first real bounce for this important sector in about a week. The most important financial stock in the market is J.P. Morgan Chase & Co (NYSE:JPM). This leading financial stock is is trading higher by 0.68 cents to $41.30 a share. Short term traders should watch for intra-day resistance around the $41.50, and $42.00 levels.



Some of the other leading financial stocks that…

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Added by Bryan Leighton on May 10, 2012 at 10:36am — No Comments

Financial Stocks Are Weak Early

This morning, all of the leading financial stocks are declining lower. J.P. Morgan Chase & Co (NYSE:JPM) is considered the most important financial stock in the United States. This stock will often lead the major stock market indexes. Today JPM stock is trading lower by 0.39 cents to $43.40 a share. Short term traders should watch for intra-day support around the $43.15 and and $42.64 levels. The daily chart will still have support around the $41.00 level.…



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Added by Bryan Leighton on April 27, 2012 at 10:47am — No Comments

Too Big To Fail Is Too Big To Fall

This afternoon, all of the large major bank stocks are holding up despite the sharp decline in the major stock indexes. Leading bank stocks such as JPMorgan Chase & Co. (NYSE:JPM), Citigroup Inc. (NYSE:C), Bank of America Corp (NYSE:BAC), and Wells Fargo & Company (NYSE:WFC) are actually trading positive today by a few pennies. If these recent market leaders were trading lower on the session the major stock indexes would certainly be much worse today. The large financial stocks…

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Added by Bryan Leighton on March 28, 2012 at 3:49pm — No Comments

Financial Stocks Must Be Watched Closely

Everyone in the financial media is raving over the higher interest rates in the bond market. Most talking heads on the cable news channels are talking about how the steeper yield curve is beneficial for the large bank stocks. There is a case that the large bank stocks can charge higher interest on their loans and make more money. Do banks make many loans these days. It seems that the large banks are still very content hoarding cash as they continue to borrow money from the Federal…

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Added by Bryan Leighton on March 19, 2012 at 4:06pm — No Comments

Financial Stocks Start Lower

This morning, all of the leading financial stocks are struggling to catch a bid higher. The Financial Select Sector SPDR ETF (NYSEARCA:XLF) is trading lower by 0.05 cents to $14.85 a share. Traders should watch for intra-day support around the $14.75, and $14.60 levels. The daily chart of the XLF remains in an uptrend and above of the important moving averages.



Some leading financial stocks that are seeing early selling pressure include J.P. Morgan Chase & Co…

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Added by Bryan Leighton on March 12, 2012 at 10:14am — No Comments

Financials Could Signal There Is A Chink In The Armour

The financial stocks have now lead the major stock indexes higher since late November 2011. Traders and investors that have followed the financial sector very closely know that every crisis over the past five years has been a banking crisis. Even today, the problems in the European Union are simply just more banking problems. This afternoon, the financial stocks are all trading slightly lower on the day. The popular and highly traded Financial Select Sector…

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Added by Bryan Leighton on February 22, 2012 at 4:00pm — No Comments

Financial Stocks Dip Early, Will The Decline Last?

The financial stocks have been very strong since December 19, 2011. J.P. Morgan Chase & Co (NYSE:JPM) is the leading financial stock in the market. This morning, JPM stock is declining lower by 0.43 to $37.86 a share. Nearly everyday, the financial stock will trade right along with the SPDR Dow Jones Industrial Average ETF (NYSEARCA:DIA). This leading sector will normally decline in the early part of the trading session and rally back in the second half of the day. Traders can…

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Added by Bryan Leighton on February 14, 2012 at 10:53am — No Comments

Financial Stocks Hold All The Cards

The leading financial stocks have been rallying higher since late November 2011. Many traders have discovered that J.P. Morgan Chase & Co (NYSE:JPM) seems to be the most important financial stock in the market at this time. This stock remains very strong on the daily chart. JPM stock is trading above the important daily chart 50, and 200 moving averages which signals strength in the near term. Traders must watch the big resistance levels that will approach around the $40.00 area.…

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Added by Bryan Leighton on February 2, 2012 at 11:08am — No Comments

Financial Stocks Rally Strong But Hit Key Resistance

As the market heads higher, the financial stocks lead the way. These gains continue to mount as concerns over Europe remain muted and economic news from China is strong. Stocks like JPMorgan Chase & Co. (NYSE:JPM) are up from a late November low of $28 and now hover at $38.00 per share. This massive spike is seen in almost all financial stocks.



While the gains are impressive, banks are nearing major resistance levels. These must be respected. The most obvious resistance point…

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Added by Bryan Leighton on February 1, 2012 at 1:09pm — No Comments

China Data Causes Third Straight Tuesday Gap

The stock market opened higher for the third straight Tuesday in 2012. The SPDR S&P 500 ETF (NYSEARCA:SPY)  is trading at $130.03, +1.02 (+0.79%). Since the new year, it seems the up days come on Tuesday and then consolidation floats the markets neutral the rest of the week. We will watch and see if this pattern continues to play out.



Last night, China reported better growth than expected. The market rejoiced as the fear of a hard China landing faded into the distance. As of…

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Added by Bryan Leighton on January 17, 2012 at 12:40pm — No Comments

Bank Stocks Strong, Signaling Market Up Move

As the markets continue to trade lower on the day, bank stocks remain extremely strong. This is very unusual as usually downside is headed by the financial sector. Today, JPMorgan Chase & Co. (NYSE:JPM) is trading at $31.78, +0.49 (1.57%). Across the board, bank stocks are flat to higher. What does it mean?



With the bank stocks leading and the markets still lower, smart traders realize news may be on the horizon from Europe. This has been the case in the past. When the financial…

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Added by Bryan Leighton on December 14, 2011 at 1:55pm — No Comments

Financial Stocks Slide Early

This morning, most of the leading financial stocks are coming under some early selling pressure. The Financial Select SPDR ETF (NYSE:XLF) is trading lower by 0.08 cents to $13.08 a share. Traders can watch for some intra-day support around the $12.90, and $12.70 levels. The daily chart of the XLF is also due for a pullback or some consolidation after surging higher by more than 10.0 percent over the past week.  



Some of the leading financial stocks that are…

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Added by Bryan Leighton on December 6, 2011 at 10:15am — No Comments

Stock Markets Up But Watch This Big Factor

The week prior to Thanksgiving was the worst since 1932. This gives perspective on what truly is going on in the market. While the average investor was in panic mode and even institutions were lost in the horror of the market, we were slowly accumulating long position. Those long positions are paying huge profits this week as the markets have bounced sharply higher. The bounce is continuing today as the SPDR S&P 500 ETF (NYSEARCA:SPY)  is trading at $120.28, +0.58…

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Added by Bryan Leighton on November 29, 2011 at 2:18pm — No Comments

A Stock Market Traders Lunchtime View

The markets are seeing some selling today on very light volume. Yields in Italy and Spain are inching higher once again. The markets are on a string of uncertainty. One day things look better and yields decline, the next they look worse as yields surge. The SPDR S&P 500 ETF (NYSEARCA:SPY) is trading at $125.59, -1.03 (-0.81%) . This is on top of the 200 moving average on the intra-day 10 minute chart, a support level. Should the SPY break through that level, the pivot high from last…

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Added by Bryan Leighton on November 14, 2011 at 12:21pm — No Comments

Understanding And Profiting From The Stock Market Swings

The wild stock market swings continue, all thanks to Europe. The markets opened sharply lower on the back of more Italian woes. Yields on the Italian 10 year broke 7%. This is what started the Greek debacle and will be the ultimate cause of every other PIIGS country downfall. Most retail investors do not understand the how the yields determine the collapse of a country. Simply put, when a country is so heavily in debt and must borrow, rising borrowing costs trigger the beginning of the…

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Added by Bryan Leighton on November 9, 2011 at 12:38pm — No Comments

The Large Bank Stocks Speak Volume

Throughout the year the bank stocks have forecasted every important market move. This morning, the leading financial stocks are trading slightly lower. J.P. Morgan Chase & Co (NYSE:JPM) is the leading financial stock in the market place and it is the most important financial institution in the United States. JPM stock is trading lower by 0.58 cents to $33.80 a share. This stock will often single handedly predict the stock market moves on a daily basis. JPM stock will have intra-day…

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Added by Bryan Leighton on November 4, 2011 at 10:23am — No Comments

All Eyes On The Bernank

What can the Federal Reserve Bank Chairman Ben Bernanke say this afternoon to help lift the stock markets? The major stock indexes are already trading higher in anticipation of some positive remarks by the central bank boss. The falling U.S. Dollar Index is helping the stock market today, however, the weaker dollar is not good for the people that are using dollars to purchase goods.



In any case, the central bank is expected to leave the Fed funds rate (overnight…

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Added by Bryan Leighton on November 2, 2011 at 11:26am — No Comments

Big Banks Rally Again, How Much Is Left In This Group?

This morning, the large financial stocks that are considered too big to fail are staging another rally. This group of leading stocks have lead the major stock market indexes over the past five years. Earlier today, Morgan Stanley (NYSE:MS) reported earnings. The stock is trading higher by 0.72 cents to $17.38 a share. MS stock has a lot of daily chart resistance around the $17.50 - $18.00 area. As long as the financial stocks continue to trade higher the major stock indexes are likely…

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Added by Bryan Leighton on October 19, 2011 at 11:24am — No Comments

Financial Stocks & Industrial Metal Stocks Trade Lower, Which Is Worse?

This morning, the leading financial stocks and the leading industrial metal stocks are declining. These two sectors have been weak since April 2011. This morning, the financial stocks are trading lower after the financial giant J.P. Morgan Chase & Co (NYSE:JPM) reported earnings. Traders and investors obviously did not really believe the results posted by the company. JPM stock is trading lower by $1.53 to $31.67 a share. Other leading financial stocks such as Morgan Stanley…

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Added by Bryan Leighton on October 13, 2011 at 11:12am — No Comments

August Lows Get Tested, What Does It Mean?

This afternoon, the SPDR S&P 500 Index ETF (NYSE:SPY) traded as low as $110.16 a share. The August 9, 2011 low was at $110.27 a share. Often stocks will go back and test a level where the stock once traded, therefore, it is not surprising to see that August low get tested today. The declines in the market come as the financial stocks decline sharply lower.



Bank of American Corp (NYSE:BAC), and Citigroup Inc (NYSE:C) are leading the sell offs in the financial… Continue

Added by Bryan Leighton on October 3, 2011 at 3:53pm — No Comments

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