If you haven't done so already, this is your Final Call to follow the action of last night's Mission Order to place the trade with your broker.
We're going bearish on this position as price targets are heading lower.
Here's what to do...
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C
Banks and other financials got a boost from President Trump's signing the Dodd-Frank reform bill earlier today in a move to help mid-sized and regional banks. He then went on to suggest a future rollback for larger firms as well.
But in the short term, the notion appears to be too little, too late for some larger institutions like Citigroup, Inc. (NYSE: C) as price targets are trending lower.
Citigroup is a holding company that offers financial products and services via its Global Consumer Banking, Institutional Clients Group, and Corporate Services segments.
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If you haven't done so already, this is your Final Call to follow the actions of last night's Mission Order so that you can place the trade with your broker before the market opens.
We're banking on Citigroup, Inc. (NYSE: C), and I don't want you to miss out.
Here's what to do...
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Everyone knows Citigroup, Inc. (NYSE: C), they're the Wal-Mart of financials, speaking figuratively. The company, based in New York City, provides a wide range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, trade and securities services, and wealth management. They do it all!
More importantly, the stock is getting ready to enter a new phase of its rally.
Citigroup and many other titans in the financial sector continue to improve upon their already strong performances on the market.
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Your Thoughts on Our Successful Year
I wanted to take a moment to look back at the performance of Money Calendar so far this year.
After a bit of a rough patch in the second half of January, Money Calendar has come back strong and is right back on track.
In fact, we're not even three months into the year, and we've already gotten eight doubles!
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We have a bonus Money Calendar Alert this week because we've got a payout appointment today, Friday, January 15. And don't worry I'll still an alert for next week. Just remember that Monday is a U.S. holiday, so it won't hit your inbox until Tuesday morning.
Now we haven't started January the way that the majority of the financial community expected, but the Money Calendar front page gave us a fair warning of this over the last two weeks. The good news is that, according to our calendar, we should see some buying begin later next week, which I'll update you on in next week's edition.
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As you've seen, market bulls have had a very challenging start to the year. When the Fed raised interest rates for the first time since 2006, many believed that the hike would be good for the banks.
But, as reflected in the opening weeks of 2016, things have not started out well so far...
China's economy is in a slowdown, and its markets aren't responding well, suspending trading for two days last week.
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