Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (43782)	1/14/2013 1:37:27 PM
From: Keith Feral	Read Replies (2) \| Respond to of 218706

Financials kick off earnings on Wed morning with JPM. They usually get a nice kick from earnings. Then, BAC and C are due out on Thursday. I think BAC's cleanup this quarter with FNM will be the end of their big writedown cycle over the past 2 years. It should clear the way for BAC and C to start buying back stock this year, which would be announced in March. I'm sure there are near term trades in either direction through EPS, but overall the charts look pretty healthy. I think the cyclical recovery in banks and auto stocks looks great for 2013.