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
$16.03
+1.65%
$15.85

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

People owning BAC also tend to own: AAPL GOOG INTC MSFT RACK CFC ASH

TheStreet.com Rating: C- What is this?

C
Citigroup Inc
$4.18
-0.24%
$4.15

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
$28.10
-1.06%
$28.25

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
$44.17
-0.41%
$44.14

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
$9.42
-3.19%
$9.71

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
$24.33
-0.73%
$24.44

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
$5.69
-2.57%
$5.72

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
$13.15
+0.31%
$13.08

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?

Page 1 of 2
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	Start Price	Return Value	Start Date
BAC	6.68	+139.97%	Jan 22nd
C	3.67	+13.90%	Jan 22nd
WFC	16.65	+68.77%	Jan 22nd
JPM	22.63	+95.18%	Jan 22nd
FITB	3.99	+136.09%	Jan 22nd
USB	16.09	+51.21%	Jan 22nd
KEY	6.69	-14.95%	Jan 22nd
HCBK	13.06	+0.69%	Jan 22nd
VLY	15.45	-14.82%	Jan 22nd
NYB	12.28	-9.28%	Jan 22nd
Average return:	+46.68%
Success rate:	70%
Tracking Started: 01-22-2009

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