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Registered Investment Adviser Global Trend Following Market Neutral Investing Since 2003
My blog:
Trends for Profit
  • Selected Bank Stocks To Consider Owning For Relative Performance 0 comments
    Jan 29, 2014 11:56 AM

    Earlier today I posted an update to my "market correction" post made in December.

    This post is made to suggest a few ideas for stocks that may do well relative to the market (which as I posted, might be under some selling pressure).

    These are bank stocks that have trends that seem to be holding somewhat well even though the market is under pressure. At the moment, I actually own these names on a hedged basis. Please note: My positions can change day-to-day based on trend developments.

    I would suggest that it might be worthwhile to put these names on your list for analysis and possibly, in consultation with your investment adviser(s), consider owning.

    They are:

    BAC Bank of America

    FITB First Third Bancorp

    HBAN Huntington Bancshares

    This is not a recommendation for investment. Do your own due diligence.

    Best wishes

    Disclosure: I am long BAC, HBAN, FITB.

    Additional disclosure: My positions can change day to day based on trend developments. At the moment the names mentioned are also hedged with market index related instruments.

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