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When people learn that I am an income investor, the reaction is often a desire to discuss high-yield investments. The uninitiated commonly confuse income investing with high-yield investing. The two are not the same.[More...]
In looking over tonight's Swing Trading Signals, one sector seemed to be standing out. There were a bunch of BUY signals for regional banks.
Out of 13 BUY signals, there were 6 that were regional banks:
City Bank (CTB) The Elmira Savings Bank, FSB (ESBK) First United Corporation (FUNC)
MERCANTILE BANCORP, INC. (MBR)
Old Second Bancorp, Inc. (OSBC)
United Western Bancorp, Inc. (UWBK)In addition, there was a large money center bank on the list: MITSUBISHI UFJ FINANCIAL GROUP, INC. (MTU).[More...]
This week Q1 earnings reporting is in full swing. And many banks continue to lead. With all eyes on bank health, many of you have asked "Even though my local bank has not failed, do you truly believe there are strong banks out there?" The answer of course is yes. You may remember this list of banks that rejected[More...]
benbow@heraldnet.com
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