Seeking Alpha

Steven Bauer's  Instablog

Steven Bauer
Send Message
My Biography: In 2001, I retired and now permanently reside in Mexico. After 5 years of managing my own affairs, I resumed my career in 2007 as a financial analyst / asset manager. My career began while in University as a – manual chartist for some wealthy Investors, who had a fancy math formula... More
My blog:
Investing Wisely
  • Citigroup, Inc. – Banks The Good, Bad And Ugly 0 comments
    Apr 9, 2014 10:59 AM | about stocks: C, BAC, WFC, JPM, KEY, USB, FITB, BK, STI, BBT, PNC, STT, CMA, NTRS, MTB, BKU

    Citigroup, Inc. - Banks the Good, Bad and Ugly

    Citigroup, Inc. has ceased to be one of the leading Banking Companies. It should have been sold at about $50 - sell on the next rally. ( I gave it too much space, but that sometimes happens ! ) I said in recent articles that I believe it will continue to try to test its highs in the coming weeks - but will fail. It has been on a steady rise in price since the lows of $24.00 per share in June 2012. My weekly study / forecast of all my High Profile Financial / Major Banks is how I determine WHY.

    My previously written articles on C (just click) provide you the history of my forecasting, its accuracy and support for my performance. For over 50 years my management objective is to identify changing trends for my forecasting analytics. I simple want to have current notes to quickly refer to on the anticipated direction of this company and its industry peers.

    My Performance for Citigroup can be reviewed in the below table and is over 100% per year for the last 1.5 years.

    More Support for My Dow 30 Forecasting Accuracy

    The following article supports my Methodology of "Investing Wisely" and with superior and consistent annual profits. Just Click.

    My management 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.

    A Special Note for Seniors & Retired Investors - Dividend Yield: 0.09% This is one of those Companies that is stingy with dividends.

    Forecast w/ 5 Year Performance:

    Note: The below Table is for your review, questions and perhaps thoughts. If you would like to "Invest Wisely" in my "Growth Asset Allocation Model," please email me to open a dialog on how I go about providing superior performance with a very low threshold of risk.

    (click to enlarge)

    My Current Forecast is not as bright as you may think! (I will be more specific upon your email request).

    I have reservations about my fundamental valuation; however, it is on my Initial Bearish Forecast - "Warning."

    That means: I am cautiously and continuing to HOLD - Citigroup, Inc. since having sent Formal Recommendations in July 2011 to my Clients -- the Public never sees my timely Email communications to my Clients until well after my - Emailing those Formal Recommendations - - - I do respond to prospective Client's - Questions and Thoughts. )

    My Current Opinion is to Hold in anticipation of taking profits. This may be at even higher prices, but there will be an end and time to sell, but that is not currently in my forecast. That is a balancing of my below three (weighted) pillars of research.

    * Fundamentally - ( weighting - - 40% ): My Analytics for my fundamental valuation play a vital role in profitable managing money. Earnings continue to be relatively strong.

    * Technically - ( weighting - - 35%): Within this outstanding company, my indicators remain strong. It is off of its highs of $54. selling for $46.

    * 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 !

    A Twenty Year Perspective of Citigroup, Inc.

    Citigroup has taken some big hits over the years!

    URL for (20-years of -(NYSE: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 discipline and patience) and is what separates the average investor and mutual funds from the profits that come with long-hours / hard work and "selectivity."

    Here are a number of the Component Companies / Peers in the Major Bank Industry Group that I focus on rather frequently if you wish to follow me: (C), (NYSE:BAC), (NYSE:WFC), (NYSE:JPM), (NYSE:KEY), (NYSE:USB), (NASDAQ:FITB), (NYSE:BK), (NYSE:STI), (NYSE:BBT), (NYSE:PNC), (NYSE:STT), (NYSE:CMA), (NASDAQ:NTRS), (NYSE:MTB), (NYSE:BKU). And, more . . .

    Note: Should you have interest in my professional guidance and direction for your Portfolios, please Email Me with your questions or thoughts: senorstevedrmx@yahoo.com.

    For Daily Updates and a Deeper View into my work / Analytics, you might want to Click and Scroll Down to my "Thumb-Nail" Articles within my personal blog.

    Please spend some time reading my articles for a perspective of their and also viewing my Bio before making inquiries. Sharing a bit about yourself and your financial and needs, goals and objectives would be appreciated.

    A relationship between You and Your Asset Manager must be a "Win / Win" affair. You get the Performance and the Education and I get paid for my Analytics / Work and Experience.

    Smile, Have Fun, "Investing Wisely,"

    Dr. Steve

    C, BAC, WFC, JPM, KEY, USB, FITB, BK, STI, BBT, PNC, STT, CMA, NTRS, MTB, BKU

    Stocks: C, BAC, WFC, JPM, KEY, USB, FITB, BK, STI, BBT, PNC, STT, CMA, NTRS, MTB, BKU
Back To Steven Bauer's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.