Citigroup Inc Earnings Report Kicks off String of Big Banks
Citigroup Reports Earnings With a Positive Reaction Priced In
Citigroup Inc. (C) shares closed the first half of 2019 at $70.03 on June 28, which became a key input to my proprietary analytics. The only level left over from the first half is its annual value level at $55.32, which held at the low back on Jan. 8.
The daily chart shows a “golden cross,” and the weekly chart has been positive since the week of June 14, when the stock closed at $67.48.
investopedia.com/citigroup-reports-earnings
Citigroup is now the darling of Wall Street
New York (CNN Business) Citigroup was one of the hardest hit US banks during the 2008 financial crisis. But it's the king of Wall Street so far this year.
Shares of Citi (C) have soared nearly 40% in 2019, outpacing the gains of big banking rivals all of these stocks, with the notable exception of scandal-ridden Wells Fargo, are surging this year too.
Citi will kick off bank earnings season on Monday when it reports its second quarter results. The other five megabanks all report next week too.
cnn.com/investing/citigroup-bank-earnings
Warren Buffett to MBA students: This is what ‘sets apart a big winner from the rest of the pack’
At 88, Warren Buffett has a lot of wisdom — and sharing it with students is one of the many wonderful things he’s known for.
One lesson the Berkshire Hathaway CEO loves to teach is the importance of developing […]