Wednesday, November 28, 2007

Bank Stocks Post a 4.2% Gain Today!

The DJIA was up today by 2.55% (red line), but how about those NASDAQ bank stocks (blue line) - they made a nice 4.19% recovery today!!? Holy Moly!!

2 Comments:

At 11/28/2007 7:50 PM, Anonymous marmico said...

Loss provisions surge to a 20 year high.

Net charge-offs are the highest since early 2002.

The growth in reserves for loan losses was the highest in 18 years.

Quarterly Banking Profile

Party on dudes.

 
At 11/28/2007 8:15 PM, Anonymous Anonymous said...

It's a trap!

 

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