Tag: banking

 

Ignore the bank bailout and profit from the financial sector

Published on October 1, 2008

Put your money into the financial sector? No, Andrew Gordon, of Investor’s Daily Edge, isn’t kidding. While WaMu (NYSE:WM), Fortress (NYSE:FIG), Lehman (OTC:LEHMQ) and all their friends have been falling to their knees, another side of the financial industry is thriving, with or without the bank bailout.
by Andrew Gordon
Baltimore — (TFN):  The financial [...]

Volatility hedge: Short Boeing (BA), go long on National City (NCC)

Published on September 30, 2008

Market volatility is through the roof. Smart traders can take advantage of the action and turn it into a profit opportunity. Boeing (NYSE:BA) and National City (NYSE:NCC) offer a shot at huge profits.
By Andrew Snyder
Baltimore – (TFN): There is an old adage on Wall Street that says as long as the markets are moving, [...]

Royal Bank of Scotland (RBS) down 24%, despite bailout rumors

Published on September 29, 2008

Rumors that Royal Bank of Scotland (RBS) will benefit from the U.S. bailout weren’t enough to keep its share price up. The ADR hit $3.04 this morning on news from an ABN Amro partner.
by Stephanie Grimmett
Baltimore — (TFN):  Royal Bank of Scotland (NYSE:RBS) is down 24% this morning on news that Fortis (Brussels:FORB) must [...]

Prepare for the hedge fund massacre

Published on September 11, 2008

“You might think this is all down to the credit crunch or market volatility wiping these funds out, but that’s not always the case. I want to take a look for a moment at the possible motives behind some of these closures.” — Dominic Frisby
Blogger’s note: As the subprime debacle unravelled itself earlier this year, [...]

Buy strong sectors, sell weak ones

Published on August 27, 2008

"Does it get any uglier than banking? But investors have been recently pouring into banking in the belief that bank stocks have bottomed and are gearing up for a nice climb up the charts. Even if they do start to climb, it will be a sucker’s rally. Weak sectors are afraid [...]