Bank Stock Moving Average Analysis, Week Of 1/16/2009 Portfolio

Bank Stock Moving Average Analysis, Week Of 1/16/2009

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Created by Ira Krakow

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Date updated:01-26-2009

In my article, Tracking BAC Using Moving Averages, at Stockpickr Articles, I showed how to spot buy and sell points using the 200 day and 50 day simple moving averages.

Here, I look at activity in 10 bank stocks from July 14, 2009 to July 22, 2009. I used an hourly chart (a data point at the end of each hour), with a 15 period moving average.

Even in a downward trending market, there are still opportunities to capture short term moves.
Source: Fidelity Active Trader Pro.

BAC
Bk Of America Cp
$16.09
+0.06%
$16.03

Buy: January 21, 12 pm, @5.5 Sell: January 22, 11 am, @5.75.

People owning BAC also tend to own: AA ADP AVP BRK-B BUD CSCO CX

TheStreet.com Rating: C- What is this?

C
Citigroup Inc
$4.20
-1.41%
$4.19

Buy: January 21, 10 am, @3.1 Sell: January 22, 9:30 am, @3.5.

People owning C also tend to own: ACE BAC CB COP CVX DIS GS

TheStreet.com Rating: D What is this?

WFC
Wells Fargo & Co
$27.87
-1.59%
$28.21

Buy: January 21, 10 am, @15 Sell:January 22, 10 am, @16.25.

People owning WFC also tend to own: ACE BAC C CB COP CVX DIS

TheStreet.com Rating: C What is this?

JPM
Jp Morgan Chase C
$42.46
-0.21%
$42.47

Buy: January 21, 10 am, at 19. Sell: January 22, 10 am, at 22.

People owning JPM also tend to own: AA AIG IBM INTC JNJ KO MSFT

TheStreet.com Rating: B- What is this?

FITB
Fifth Third Banco
$9.97
-0.80%
$9.97

No trading opportunities. Stock kept falling throughout the week.

People owning FITB also tend to own: CA CLE CSCO GE GR KMP KR

TheStreet.com Rating: D What is this?

USB
Us Bancorp
$23.29
+0.69%
$22.95

Buy: January 21, 2 pm, at 13. Sell: January 22, 10 am, at 16

People owning USB also tend to own: ACE BAC C CB COP CVX DIS

TheStreet.com Rating: C What is this?

KEY
Keycorp
$5.73
-1.55%
$5.77

Buy: January 15, 1 pm, at 6.2 Sell: January 15, 3 pm, at 6.4 Buy: January 21, 2 pm, at 6 Sell: January 22, 9:30 am, at 6.4

People owning KEY also tend to own: AUY BP CSE LMT LUNA PEG PWE

TheStreet.com Rating: D What is this?

HCBK
Hudson City Banco
$13.30
-0.15%
$13.30

Buy: January 21, 2 pm, at 12 Sell: January 22, 10 am, at 12.75

People owning HCBK also tend to own: CL JCP UTX CAT CVX DNA GOOG

TheStreet.com Rating: B What is this?

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	Start Price	Return Value	Start Date
BAC	6.68	+140.87%	Jan 22nd
C	3.67	+14.44%	Jan 22nd
WFC	16.65	+67.39%	Jan 22nd
JPM	22.63	+87.63%	Jan 22nd
FITB	3.99	+149.87%	Jan 22nd
USB	16.09	+44.75%	Jan 22nd
KEY	6.69	-14.35%	Jan 22nd
HCBK	13.06	+1.84%	Jan 22nd
VLY	15.45	-13.33%	Jan 22nd
NYB	12.28	-8.22%	Jan 22nd
Average return:	+47.09%
Success rate:	70%
Tracking Started: 01-22-2009

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