Barclays PLC (ADR) (BCS)

China is picking up the pace so it's a good indicator that the rest of the world it's on its way to recovery.

Down recently due to selling by sovereign funds, but no real fundamental reason for the decline.

I noticed Barlays PLC when running a screen that looks for stocks with low p/bv ratios and positive price performance over the last year and six months. The screen historically trounces the S&P500 by a wide margin. I am inspired to green thumb this stock because the company's financials look sound and the management appears to be first rate. Despite sailing through our current financial tsunami unscathed, this well positioned international financial powerhouse is trading for slightly below book value. I am encouraged by the fact that Portefeuille holds this stock in numerous portfolios and recently picked it AFTER its recent price runup.

a good bank

speculation similar to Citibank and Bank of America, but across the pond.

Sept 09: Pair Trade
BUY BX
SELL BCS

Judging by the movement of assets in their balance sheets over the past 4 years, it appears BX has a smaller ratio of junk compared to BCS and as a result has much better prospects for expansion the next 5 years compared to BCS. The macroeconomic climate also leads me to believe that BCS carries alot more mispriced junk assets.

This will be the next one I buy... love almost everything about it.

Hoping the dividend is reinstated. Also expecting financial sector to benefit as economies grow and stabilize. BCS seems more insulated than some banks from US stocks' fluctuations.

When the overly optimistic FOMC says that household spending will be "constrained" by sluggish income growth, ongoing job losses, lower household wealth, and tight credit AND Shanghai stocks hit a seven-week low, then you know this bear market rally is finally over!

QUICK! Pick a reason to exit a market that has risen too fast and gotten too expensive. Here are three to choose from: buying power is getting exhausted according to DeMark indicators; daily sentiment indicators are 88% bullish; RSI’s and oscillators are over extended.

well capitalized, value

Strong Uptrend

Wave 4 Elliot Chart

This stock was chosen as part of a group of stocks based upon criteria which focused heavily on dividend yield, cash flow, and balance sheet information.

Too far, Too fast, Too expensive.

Earnings, will restart Div

BCS is one of the few profitable banks and does not need government funding. This is a plus during times of credit crisis.

I am buying banks right now... the market will turn and the strong banks will eat the weak ones for huge profit.

Another vital organ necessary for economic survival.