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Get your Smokey on... (Regional Banks are on fire...)

Recs

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April 06, 2010 – Comments (0) | RELATED TICKERS: FITB , RF , WBS

Back on Jan. 22, I posted my first Regional Baks are HOT post (you can see that post here).

Today, 9 of the 10 stocks identified in that post are up (majority of them 2+%), with CVBF being the only one down less than 1%.

Here are the returns for all of those 10 stocks since Jan. 22:

RF +31.9% (up 6% today)

WBS +25.5% (up 2.4% today)

FITB +17.9% (up 2.3% today)

FULT +17% (up 3.1% today)

STBA +12.9% (up 1.6% today)

FMBI +12.9% (up 1.7% today)

PACW +10.4% (up 2.5% today)

NPBC +9.8% (up 4.1% today)

EWBC +5.5% (up 2.8% today)

CVBF -1.4% (down 0.4% today)

 

So, all I have to say is Get your Smokey on. Make sure you don't get burned...

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