Posts Tagged ‘stock chart’

Financial Stocks Starting to Rollover

Wednesday, June 17, 2009 19:35 No Comments

Financial stocks are beginning to show signs of weakness with Citigroup (NYSE: C) looking the most vulnerable.
Citigroup stock (chart below) was the first in this group to break their previous uptrend line. With RSI under 50 and the MACD indicator turning negative, it appears that Citi may be under some pressure in the coming weeks.

This was posted under category: BAC, C, GS, JPM, MS, WFC Tags: , , , , , , , , , , , ,

Confirmed: Trump Resorts Goes Bust; 9 Other Trump Companies Follow

Tuesday, February 17, 2009 8:00 3 Comments

Reuters is reporting that Trump Entertainment Resorts Inc. has filed for Chapter 11 bankruptcy protection.
This would be the third trip to the bankruptcy courts for Trump Entertainment, though my hunch is that this will be the last. Nine other Trump affiliated companies have also sought bankruptcy protection. Trump Plaza Associates, Trump Marina Associates and Trump [...]

This was posted under category: Default, Donald Trump, Economy Tags: , , , , , , , , , , , ,
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