Friday, April 9, 2010

Trade Winds: Regional Banks

Today notwithstanding, it sure seems like regional banks are the flavor of the month.

The last 2-3 months have been really kind to these stocks, like Huntington Bancshares (HBAN) and Fifth Third Bank (FITB). Other bank stocks seem to be following the same pattern, too, but I don't follow those so closely.

I'm glad they are, even though I sold my shares a while ago. This might reflect that people are gaining some confidence in this part of our economy again. We'll check again a few months from now.

If anyone reading this has any insight, feel invited to comment.

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