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April 7, 2006

The other side of higher interest rates, Fri., Apr. 7, 2006, 12:11 PM

Whenever I see U.S. bond yields pop like yesterday and today, I always look at the share price reaction in the U.S. Regional Banks. I don't expect to see a bed of roses.

And I don't today (mid-day April 7). The Dow 30 is down about -82 points, but relatively speaking the regional banks are in tough.


Regional Banks -USA Major
Regional Banks -USA Major

Regional - USA Mid-Atlantic Banks
Regional - USA Mid-Atlantic Banks

Regional - USA MidWest Banks
Regional - USA MidWest Banks

Regional - USA NorthEast Banks
Regional - USA NorthEast Banks

Regional - USA Pacific Banks
Regional - USA Pacific Banks

Regional - USA SouthEast Banks
Regional - USA SouthEast Banks

Regional - USA SouthWest Banks
Regional - USA SouthWest Banks


"I suppose the Gnomes could have put out an inflation scare following the Jobs Report (and the Nigeria oil problems), but then they have a lot of bonds to move out before they take Gold higher."
--- Bill Cara, 9:06 AM ET today

Are you starting to get the hang of this trading game?

Posted by Posted by Bill Cara on April 7, 2006 12:11:53 PM | Category: 40 Financials

Discourse

decent volume on this drop

Posted by: Bullring [TypeKey Profile Page] at April 7, 2006 12:32 PM [link]

this afternoon is going to be bloody....the qqqq vol. is big....

Posted by: Bullring [TypeKey Profile Page] at April 7, 2006 12:42 PM [link]