Stocks Citigroup Inc

More

  • Is there any doubt that big-cap financials are the key to this market? What's worked for two months? Sell the rally in financials. This is crunch time for the two-day rally...and not surprisingly, they are pushing the old trade hard today.

  • citibank_earnings_2.jpg

    Citigroup, the largest U.S. bank, posted a smaller-than-expected quarterly loss Friday despite $11.7 billion of write-downs and credit losses tied to deteriorating capital markets and the slumping economy.

  • dollar_bills_pile_1.jpg

    The dollar rose against a basket of six major currencies on Friday, boosted by news Citigroup posted a smaller-than-expected loss in the second quarter, further calming fears about the health of the U.S. financial sector.

  • This is crunch time for this little mini-rally--since the earnings news is mixed, it will be critical for the market to move sideways or up today, and avoid retracing any of the last two days gains. Options expiration today.

  • Citigroup's better-than-expected earnings report turned the tide ahead of the open.

  • graphic_final_trade.jpg

    Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!

  • Earnings will likely drive the banking sector again on Friday with Citigroup reporting before the bell. What should you expect?

  • Stocks resumed their ascent after a midmorning dip as oil began to recede and financials rallied.

  • As for techs, traders note that there has been less focus on that sector, because everyone is still in the process of unwinding the Long Energy/Short Financials trade. These numbers will reinforce the bear position that we are in a poor market for tech.

  • Stocks resumed their ascent after a midmorning dip as oil began to recede and financials rallied.

  • NYSE Traders

    "It's a sucker's rally," Kathy Boyle, president of Chapin Hill Advisors, says of this week's market move. "If you make money here, don't get greedy."

  • "Buy and hold" is bad investing advice. Here's why.

  • The financial-driven rally lost steam, leaving stocks mixed, as oil rebounded and the Philadelphia Federal Reserve reported weaker-than-expected manufacturing activity in its region.

  • Stocks continued to rally Thursday, fueled by better-than-expected housing data and after three Dow components beat earnings forecasts.

  • JP_morgan_earnings_2.jpg

    JPMorgan Chase's stock soared after second-quarter profit fell more than 50 percent, hurt by $1.1 billion in write-downs at its investment bank, but the results beat expectations.

  • Should you buy beleaguered bank and broker stocks ahead of earnings? You might be surprised what the options action suggests.

  • Wells Fargo led U.S. bank shares to big gains Wednesday after reporting a surprisingly high profit and increasing its dividend.

  • The SEC issued its emergency ruling against naked short-selling Tuesday to build investor confidence regarding market information, SEC Chairman Christopher Cox told CNBC.

  • wells_fargo_earnings.jpg

    Wells Fargo, the fifth-largest U.S. bank, reported better-than-expected quarterly results and raised its dividend despite a 23 percent decline in profit caused by a surge in bad loans.

  • fannie_freddie_logos3.jpg

    U.S. securities regulators issued an emergency rule Tuesday to limit certain types of short selling in major financial firms, including Fannie Mae and Freddie Mac.