牛牛的一发重磅炸弹！下面，就等Meredith Whitney改口了。。。

多吉

Bank Upgrade Astonishes Traders，Posted Byee Brodie
http://www.cnbc.com/id/30463033


After 5 years at underweight, a widely followed analyst upgraded the entire US banking space.

We're talking Fox–Pitt Kelton analyst David Trone who rather suddenly changed his outlook on the sector.

Clearly he could have waited until after May 4th, when the stress test results come out, but he didn't. Should you be reading into that?

"Absolutely," replies Trone on CNBC's Fast Money. In fact it might be because of the stress tests that banks are getting the thumbs up.

Huh? Why on earth would that lead to an upgrade?

Because the stress tests were generating so many rumors Trone and his team decided to run similar tests themselves. And contrary to those early leaks, Fox-Pitt Kelton's results were quite different. They found none of the top 19 banks needed any money!

"We don't see either Citigroup [C  2.89    -0.18  (-5.86%)   ] or Bank of America [BAC  8.15    -0.77  (-8.63%)   ] needing capital," he says on Fast Money.

Now it's worth noting in the FXP tests, Trone used a base case scenario, that is the minimal capital standards of 6%. "If higher standards are used then some banks could need some capital, especially the regional banks, but the market's not oblivious to any of this," adds Trone.

In other words it's all priced in.

Now Trone also emphasizes that he's not making a bull call, he's merely going from a bearish point-of-view to neutral. Nonetheless, in the face of all the banking headwinds, it's a pretty big upgrade.

We thought you'd want to know.

Want to hear more from David Trone? Watch the video above in the link!

BSC

ding

balto

qiangge

hunshuimoyu

CoolMax

Talk is cheap!

牛牛们，Please All In！上马金，上Call！

Fan8an

ctcld

今天BKX又摸MA(20)了, 明天有戏.

licai5688

seafood

多吉

今天BKX又摸MA(20)了, 明天有戏.
ctcld 发表于 2009-4-28 10:23 PM

I use EMA30 for $BKX, it touched down and backed up today, looks like a nice set up for another firecracker.

小咪

1# 多吉


你诚心置熊们于死地

sendmore11

Isn't it a bit late for Trone to upgrade the bank sector? I believe FXP ran their version of the stress test in late March or early April, because many others have done so in the similar time frame and had various conclusion.  Why Trone jumped out now and upgrade? He looks like a clown to me.

多吉

Talk is cheap!

牛牛们，Please All In！上马金，上Call！

CoolMax 发表于 2009-4-28 10:06 PM

All In? 上马金?
You got problems?
Whadda cynic smartalex!

CoolMax

All In? 上马金?
You got problems?
Whadda cynic smartalex!

11" />
多吉 发表于 2009-4-28 10:34 PM

What's your point? I'm really confused!

daguai

6# CoolMax

古树

Thanks.

Maylin

bought ms and bac today!!! BAC is a good buy..

Maylin

Meredith Whitney said that the banks would pass the stress test.  Pls google her recent interview.  Also she is the first one to tell public the banks making profit in first Quarter.

多吉

你诚心置熊们于死地:

小咪 发表于 2009-4-28 10:32 PM

三大期指all green now，
睡一觉起来再看看。。。