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Trade: Added Phoenix and Synovus Financial

|Includes: The Phoenix Companies, Inc. (PNX), SNV

Both Phoenix (NYSE:PNX) and Synovus Financial (NYSE:SNV) are small cap financials trading below book value. PNX being a badly beaten down insurance company left for dead and SNV being a regional bank that recently did an offering 10% higher. If the economy continues to recover, these 2 financials will be big winners.

Disclosure: Long in client and personal accounts