Bryan Leighton's Blog Posts Tagged 'CS' (18)

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 Lead The Charge

This morning, all of the leading financial stocks are trading higher on the session. Goldman Sachs Group Inc (NYSE:GS) is the one financial stock that is trading negative after reporting earnings earlier today. J.P. Morgan Chase & Co (NYSE:JPM) is the most important financial stock that any trader can follow. Today, JPM stock is trading higher by 0.35 cents to $43.68 a share. Short term traders should watch for some intra-day resistance on JPM around the $43.75 and $44.18 levels.…

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Added by Bryan Leighton on April 17, 2012 at 11:07am — No Comments

European Banks Diverge From U.S. Banks

This morning, most of the leading European banks are coming under some early selling pressure. Meanwhile, the leading financial stocks in the United States are trading higher on the day. Traders can easily look at a J.P. Morgan Chase & Co (NYSE:JPM) and see that the stock is now trading higher by 0.75 cents to $41.20 a share. This is a new eight month high for JPM. On the flip side, leading European stocks such as UBS AG (NYSE:UBS), Deutsche Bank AG (NYSE:DB), and Credit Suisse…

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Added by Bryan Leighton on March 9, 2012 at 10:53am — No Comments

The Bernank Is On Deck

This afternoon, the Federal Open Market Committee (FOMC) will announce there interest rate policy statement. Most traders and investors are expecting the Federal Reserve to keep the Fed funds rate (overnight lending rate to the large banks) at zero percent. It is important to note that the Fed funds rate has been at zero percent since December 2008. Many investors are waiting to hear if the Federal Reserve Chairman Ben Bernanke mentions another plan to implement QE-3. While this action…

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Added by Bryan Leighton on December 13, 2011 at 11:07am — No Comments

Financial Stocks Are Steering The Ship

All of the leading financial stocks are coming under some selling pressure this morning. The important Financial Select Sector SPDR (NYSE:XLF) is finally declining after an eight day rally. On November 25, 2011 the XLF was trading as low as $11.73 a share. Today the XLF is trading lower by 0.21 cents to $13.12 a share. Even with today's decline in the XLF this ETF is still $1.39 higher than it was on November 25, 2011. All in all, the XLF is still holding up well on the daily chart at…

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Added by Bryan Leighton on December 8, 2011 at 10:23am — No Comments

All Of The Players Are In Place For An Inflation Extravaganza

Yesterday, all of the major stock indexes around the world surged higher after the central banks announced the coordinated intervention for the banks holding European debt. This action by the central banks is a repeat of the action taken back in September 2008. We all know what happened shortly after that intervention in 2008 as the stock markets cratered into March 2009. This time around the central bankers will probably be a bit smarter and the current scenario will not be as dire so…

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Added by Bryan Leighton on December 1, 2011 at 10:47am — No Comments

The European Tug Of War Has Begun

Germany is considered the most important country in the European Union. This country now has to decide if it is willing to go all in and allow the European central bank to have complete control over the banking crisis that is taking place. France has already been pleading for the European Central Bank (ECB) to start to print money to bailout the European banks. This puts Germany in a very compromising position since it has been so cozy with France over the past two years. If the German…

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Added by Bryan Leighton on November 23, 2011 at 10:51am — No Comments

European Financial Stocks Must Always Be On the Radar

This morning, the leading financial stocks in the United States markets are trading lower. This is usually a good indication that the major stock indexes will be lower as well. While that is the case this morning, it is also more important to follow the European financial stocks since this a European debt crisis. Leading European financial stocks such as Deutsche Bank AG (NYSE:DB), UBS AG (NYSE:UBS), and Credit Suisse Group AG (NYSE:CS) are all holding up exceptionally well considering…

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Added by Bryan Leighton on November 16, 2011 at 11:27am — No Comments

The Housewives of the European Union

The plot thickens again in the soap opera of the European Union. One day there is a $1.4 trillion bailout fund in place and the next day that deal is falling apart at the seams. One day Greece is on board with austerity measures and the next day they might be back to using the Greek Drachma. This Greek drama continues to get better by the minute.



Next there is Italy and Spain. Italian 10 year bond yields are now surging higher by more than 6.0 percent and this is…

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Added by Bryan Leighton on November 1, 2011 at 10:45am — No Comments

Euro-Zone Bank Trade, This Is It

In lasts week's report we focused on the debtor nations of the European union, which is all of them. This week we shall focus on the large banks that hold much of the debt issued by those nations in the Euro-zone. This past Friday, all of the major bank stocks ended the trading session with a sharp sell off. Even the leading bank stocks in the United States closed lower and showed very ugly reversal days on the charts. Let us take a look at the leading European banks and find the… Continue

Added by Bryan Leighton on October 10, 2011 at 9:55am — No Comments

The Sector To Follow

All traders and investors should be watching the financial stocks very closely. When these stocks catch a bid or rally higher the major stock indexes will usually rally or hold up. This morning, many of the leading financial stocks are trading in positive territory while the major stock indexes begin the day lower. If these leading financial stocks can hold up today the major stock indexes are likely to stave off another sharp decline.



J.P. Morgan Chase & Co… Continue

Added by Bryan Leighton on October 3, 2011 at 10:26am — No Comments

J.P. Morgan Chase Is Still The Stock Market Barometer

If you want to know what the stock market is doing just follow J.P. Morgan Chase & Co (NYSE:JPM). This stock is the leading financial company in the United States and possibly the entire world, therefore, it will generally lead the major stock indexes. At this time, there is a banking crisis going on around the world. Sure, the European banks might be where all of the recent focus is, however, all of these banks have some exposure to European debt and that is why these bailouts are… Continue

Added by Bryan Leighton on September 27, 2011 at 11:20am — No Comments

European Banks Are Talking To Us

This morning, all of the leading European financial institutions are selling off sharply to start the day. The European banking crisis seems to be getting worse by the minute. Traders can easily see stocks such as National Bank of Greece (NYSE:NBG), Deutsche Bank AG (NYSE:DB), Credit Suisse Group (NYSE:CS), UBS AG (NYSE:UBS), and countless other financial institutions are trading lower by more than 3.00 percent or more. This is not a sign of a healthy financial system, it is a sign of a… Continue

Added by Bryan Leighton on September 19, 2011 at 10:52am — No Comments

Financials Rally Early, Can They Hold Up?

This morning the leading financial stocks are trading higher on the session after the coordinated central bank liquidity announcement. As we all know by now, when the financial stocks rally the stock markets will usually trade higher as well. After all, this is a global banking crisis since late 2007.



Traders should simply follow one stock very closely today, that stock is J.P. Morgan Chase & Co.(NYSE:JPM). This stock is the leading financial institution in the… Continue

Added by Bryan Leighton on September 15, 2011 at 10:56am — No Comments

JPM Is Still The Only Indicator That Matters

When J.P. Morgan Chase & Co.(NYSE:JPM) bounces or trades higher the major stock indexes move higher. When this leading bank stock declines the major stock indexes moves lower. At this time, when there is a banking and financial crisis taking place traders can simply follow the leading financial stock in the market and that is JPM stock. This leading financial stock will have intra-day resistance around the $34.05 area intra-day.



Sure, other leading financial…
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Added by Bryan Leighton on September 6, 2011 at 2:50pm — No Comments

The J.P. Morgan Barometer Tells Traders Everything They Need To Know

The major stock market indexes have certainly been volatile during the month of August. The recent stock market swings in both directions have been outright violent at times. Many traders and investors have had to even step back and allow the markets to calm down at times before trying initiate a long or short position. There has been one stock that has foretold the action in the major stock indexes, this stock is J.P. Morgan Chase & Co. (NYSE:JPM). When JPM stock trades higher on the… Continue

Added by Bryan Leighton on August 24, 2011 at 10:09am — No Comments

The Only Sector That Needs To Be Followed

If we have learned one thing since the 2007 top it is that the financial stocks are the most important sector that a trader or investor can follow. When the financial stocks decline it is prudent to expect the major stock indexes to follow right behind them. In 2008, the financial crisis was all about the large banks and in 2011 it is still all about the large banks. This time the banking crisis has emerged from across the pond, the European Union. This problem will not just disappear… Continue

Added by Bryan Leighton on August 19, 2011 at 10:19am — No Comments

Banks Will Tell Us Everything We Need To Know

The large financial Stocks have lead the markets lower throughout 2011. This morning, bank stocks around the world are declining sharply lower. The leading bank stock in the United States is J.P. Morgan Chase & Co.(NYSE:JPM). This market leading financial stock is declining lower by $1.92 to $34.56 a share. The low for JPM stock was made last week at $33.69 a share on August 9, 2011. This low is going to be a critical level for JPM to hold as support. Believe it or not, as long as… Continue

Added by Bryan Leighton on August 18, 2011 at 11:03am — No Comments

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