Citigroup, Inc. (NYSE:C) -- Semi-Monthly Update
I have been sharing the fact that Citigroup is definitely softening - Technically - - I suggest a meaningful top is in the process of being made at this time. The Fundamentals are returning to their mean and that is another way of my offering a notable Bearish "Warning."
My previous articles on C (just click) will provide you with the exact history of my Forecasting accuracy. It is excellent.
My Performance for Citigroup can be reviewed in the below table and is well over 16% per year for the last 5 years.
I have completed my weekly study of all my High Profile Financial / Major Regional Banks and I am not impressed with the foreseeable future. This is a study that is fun because I have disliked / disapproved with what Banks represent in today's economic world. I have spent a great deal of time and have much experience in the study of Companies like (C).
My objective is to identify changing trends for my Forecasting Analytics. Simple stated, I want to have current notes to quickly refer to on the anticipated direction of this Sector and Industry Group.
This Semii-Monthly Commentary on - Citigroup, Inc. (C) - covers all of my Indicators, both Fundamentally for Valuations and Technically for Momentum. There is much to cover to provide my best possible Forecast and Opinion.
Please connect with "My Focus Article." Just Click: http://seekingalpha.com/instablog/121308-steven-bauer/2057252-my-focus-article
Important: Please Click and Read the following URL - - > http://seekingalpha.com/instablog/121308-steven-bauer/2134782-supportive-information-for-my-bi-monthly-update-articles
Income Investors - Citigroup only pays a very low Dividend - 0.08%
My Mission is to provide guidance and direction for conservatively providing consistent annual and superior profitable results for each Formal Recommendation I make to my Clients.
The Difference Between You and the Pros: Clearly you should be profitable and making money by owning Citigroup. Via my Emails, I have found that many Investors are struggling with other securities they are holding. I have offered direction to hundreds of Investors and can share with you why you are perhaps holding losing securities and provide a conservative and low risk remedy.
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Forecast & Opinion from my Study / Analytics:
Citigroup, Inc. and other Financial / Banking Companies are tracking well. Although (C) has been in a strong Up-Trend for well over a year it is always an excellent contributor to my Analytics. You will find over time that my Forecasts were in the past and are very accurate, this is an excellent example.
The below Table is for your review, questions and perhaps thoughts. If you are seeking, what I call "Pazazz Performance" - - please Email me to open a dialog.
Typically, "Pazazz Performance" Companies like (C) can do the job very well. In good times this giant produces growth and appreciation quite well, the flip side is what my current focus is on.
Citigroup, Inc. (C)
Forecasted Bullish "Alerts"
Ascending - BUT - Caution is Warranted and that is a FACT !
At this time (C) remains in a Bullish mode and has produced an annualized profit - over the past few years of about +16%. (that's per year - not including dividends).
It, however is currently giving -- both Fundamental and Technical - - Bearish "Warnings" that if ignored will be costly.
Forecast Bullish "Alert" -- Initiated:
July, 2009 @ $27.00
Performance to Date: +81%
Click on the Green Arrow to read my Archive of my most recent and past Articles, on Wal-Mart Stores, Inc. - - including my on going Forecasts and Opinions.
Banks are reaching a point in the Bullish and Bearish Cycling of the Market to be very cautious and even defensive.
Thanks for your interest in my Forecasts - work / analytics . . .
My Current Forecast is not as bright as you may think! (I will be more specific upon request).
If you own or are considering owning Financial / Banking Companies, the securities are definitely rather (only "rather") "technically strong." Citigroup, Inc. is currently strong but certainly all good things must come to an end. I have reservations about my Fundamental Valuation, there I have placed it on an Initial - Bearish Forecast - "Warning." That means I will very likely take profits on the next rally. (I can help if you with your decisions if you ask).
My Current Opinion is to HOLD in strong anticipation of taking profits.
Fundamentally - ( weighting - - 40% ): My Analytics for my Fundamental Valuation plays a vital role in profitable managing money. At this time my Valuations of (C) are not as positive at perhaps you are being told by other sources. Plainly stated they are Descending again much like in 2010 - 2011 and the price also took about a 50% hit. This does not make for a positive fundamental valuation of any Company for a long-term Hold.
Technically - ( weighting - - 35% ): Even with this fine Company, my Indicators are notably breaking down. It is only currently slightly off its highs of $53 selling for $52. The topping rally has - was a total fizzle and that means lower prices from here.
Consensus Opinion - ( weighting - - 25% ): My third pillar of Research is one that is ALWAYS distorted to the Positive by most all financial analysts. That's because they are afraid of being Bearish. I Am NOT! My articles on "Reality" are supportive of the below 20 year Chart.
I will personally and promptly reply to any serious investor's inquiry as to my very cautious position for (C) !
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A Twenty Year Perspective of Citigroup, Inc. (C)
It has NOT always been like you are being told by so many who do not take the time to "Invest Wisely." Citigroup, Inc. (C) has taken some big hits over the years.
URL for (20-years of -(C): http://stockcharts.com/h-sc/ui?s=C&p=W&yr=20&mn=0&dy=0&id=p61256729011&a=310675867
"Selectivity" is what I preach (along with Patience and Discipline) and is what separates the Average Investor and Mutual Funds from the profits that come with long-hours / hard work and "Selectivity." You might like to read my most-recent article on why I believe Selectivity is so critical for profiting in today's Marketplace. You might want to check out "Be Selective II - Just Click - - > http://seekingalpha.com/instablog/121308-steven-bauer/2066602-flash-update-be-selective-ii
Here are a number of the Component Companies / Peers in the Major Banking Industry Group that I focus on rather frequently: C, BAC, WFC, JPM, KEY, USB, FITB, BK, STI, BBT, PNC, STT, CMA, NTRS, MTB, BKU.
If I can be of help just Email me. Serious Investors Only - Please!
Should you wish to read my latest article on the following Companies and ETFs - - Just Click on the Symbol. You will be taken (Linked) to my most current article as well at my last 20 articles on that Company or ETF. (It is an excellent way to gain insight into the accuracy of my Forecasts and Opinions). Just so you know you will have access to over 600 articles where I share my Analytics. In addition I have recently published all 500 of the S&P 500 Large-Cap component Companies. And, 200 of each of the S&P 400 Mid-Cap and S&P 600 Small-Cap component Companies. I stay quite busy doing my homework for my Clients.
I hope you will find my "stuff" very well worth your Time and very Accurate.
Thanks. . .
Smile, Have Fun, "Investing Wisely,"