It’s been a while since my last post. I just wanted to give everyone my general take on 2010. Below is a list of positions I have in various companies. I have also listed some sectors I like for 2010 and sectors I don’t like. Again, this is just my opinion…but I have made my bets on certain stocks that I feel will outperform in their respective sectors…
Today was a great day for most financial stocks — particularly the regional and commercial banks like Regions Financial (NYSE: RF) and Key Corp (NYSE: KEY). The move up was partly due to RF’s CEO saying that the worst has passed and that RF won’t need to raise any more money. That’s a very good sign for all regional banks. As a value investor, I was doing my research today on companies in this sector and stumbled on Central Pacific Financial (NYSE: CPF) [...]
It looks like the financial stocks are all taking off today, particularly the ones that haven’t had a run yet. For example, ABK and MBI are both making a nice move up today. Maybe they’re piggybacking off of the explosion of AIG’s stock price since they’re all related to insurance. That’s a [...]
