Comparison of the US Banks 20 May 2020, Wednesday

Comparison of the US Banks

20 May 2020, Wednesday
(Click on the Technical Chart Above to Expand)

Attached is the Technical Comparison of the US Banks. Wells Fargo is the weakest followed by Citigroup. Bank of New York Mellon is the strongest followed by Goldman Sachs. Weakest will often remain weaker in comparison to everyone in their respective trends. There is a reason why they are there.

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This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

Major US Banks for Buying or Addition of Longs: 6 March 2018, Tuesday, 12.52pm Singapore Time

Major US Banks for Buying or Addition of Longs: 

6 March 2018, Tuesday, 12.52pm Singapore Time

(Click on Technical Chart Above to Expand)

Attached are series of Major US Banks put line in line for inter-bank comparison. As per highlighted at the start of the year 2018 (refer to January 2018 posts) that Bank of America and JP Morgan are some of the best performing banks in the US, these 2 banks will go down little whenever there is correction but rally up significantly whenever markets resume back to upmove mode. This will remain the case for the whole of 2018 and 2019. We are back to upmove mode. Bank of America and JP Morgan have once again shown to be the best so far. Note that JP Morgan will be added to the Donovan Norfolk Top 8 for NYSE-NASDAQ, a judgement made at the start of the year 2018 as the top two strongest performing banks in the US, right after Bank of America. All longs on these banks will add wealth to one's portfolio. Bank of America and JP Morgan are highlighted in green in the inter-bank comparison charts above.

Donovan Norfolk Ang