Posts Tagged XTO Energy (XTO)

Well, with Wells Fargo moving to repay TARP funds that chapter in the economic history will be closed. Citigroup succeeded in repaying yesterday.

I expected that move to repay TARP funds and serial stock offerings would bring some strain to the bank share prices (and even broad market), but nothing jet on that front. Yes, the financials underperformed in recent month(s), but I expected something more significant.

Same with REIT’s, the sector outperformed broad market yesterday, my short position was closed on a stop loss order. No luck for me in last few days. In general, nothing is moving in recent days (one thing I correctly foretasted), maybe it would be wise to close this year trading early and enjoy the holidays.