Sunday, July 20, 2008

On the Radar

On the radar for this week are stocks in the financial sector. The Philadelphia Bank Index pulled back to a low of $46.52 its lowest price move in 22 years. The Bank index ended the week closing at 62.78 up 8.11 or 14.83 percent. The stocks on the radar for this week are (BAC) Bank of America, (WM) Washington Mutual, (JPM) JP Morgan, (WF) Wells Fargo, (WB) Wachovia, (C) Citigroup, (BCS) Barclays, (CS) Credit Suisse, (CMA) Comerica, (HBAN) Huntington Bancshares, and (BBT) BB&T Corp., to name a few.

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