Date updated:02-04-2009
This portfolio summarizes my candle chart analysis, for financials, from January 5, 2008 to February 4, 2009. The research is based on my candle chart article on Stockpickr.com.

-
XLF
Financial Sel Spd - $14.97
- +1.35%
- $14.92
January 9-15: 5 out of 6 days when the closing price was lower than the open, with increasing depth on the 15th and 16th. January 27-28: Close higher than open both days, apparently a strong uptrend signal. Unfortunately, not confirmed by the trading from January 29 to February 4.

-
C
Citigroup Inc - $4.16
- -0.48%
- $4.25
January 5-8: churning sideways activity, signalled by thin rectangles. January 9: Bearish harami, signalling downward move. Confirmed on January 12. Move continued untile January 20. January 16 to February 4: sideways movement from 3 to 4, with no breakout signal either way.

-
JPM
Jp Morgan Chase C - $44.32
- +0.34%
- $44.34
January 5 to 12: bearish candles from 30.5 to 23. January 15-20: 3 bearish candles in a row, from 25 to 18, signalling continuation of bear trend. Not confirmed by subsequent trading activity. January 20-21: bullish harami (on January 21) signalling an up trend, to 27, which continued to 1/28. January 29-February 4: Gradual downtrend, on bearish candles, from 27.5 to 23.5

-
WFC
Wells Fargo & Co - $28.80
- +2.49%
- $28.37
January 5 to January 7: 3 Strong bearish candles, signalling downward trend, from 29 to 17. Continued to January 20. January 27-28: Gap up, on two green candles, a strong bullish signal, from 16 to 21. Not confirmed by subsequent action.

-
FITB
Fifth Third Banco - $9.73
- +3.29%
- $9.51
January 6 to 8: thin candles, signalling sidways action from 7.25 to 8. January 9-12. Bearish downward signal, confirmed by price action, from 7 to 2, until January 22. January 28-29. Bearish harami, confimed, by price action from 3 to 1.5.

-
USB
Us Bancorp - $24.40
- +0.29%
- $24.59
January 5-6: two bearish candles, signaling drop from 28 to 16 on January 21. January 22-February 4. Churning, alternating bullish and bearish candles, from 12 to 16.

-
KEY
Keycorp - $5.76
- +1.23%
- $5.73
January 20-21: bullish harami, signalling move from 6 to 8.9, ending January 29. January 29-30: Bearish harami, signaling drop from 8.7 to 6.9, through February 4.

-
HCBK
Hudson City Banco - $13.46
- +2.36%
- $13.25
January 6-7: Bearish harami, confirmed when price dropped from 16 to 12.2 by January 20. February 2-4: 3 marching soldiers (3 increasing bullish candles) predict a bullish breakout from 11.4 to 12.5.
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A. So is BP, CVX, and XOM. The question is,
will the sale get better? However, it
does have an unsolicited offer by TRC
Capital Corp. to buy up to 5 million
shares of the refiner’s common stock
at a price of $16.55 per share, so there
is a semi-floor at that price.
A. The only one I own : SLX,
too hard pick a winner out all of them
These are the stocks from Jim Cramer's Oct. 30 Lightning Round. We list the stocks on which he is BULLISH and BEARISH.... more
Analyst Upgrades for Nov. 2, 2009. Read more here. more
Analyst Downgrades for Nov. 2, 2009. Read more here. more













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