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Monday, October 31, 2011

Financials are weak today...watching Deutsche Bank...

The Financials sector is underperforming the Major Indices today after leading on Friday:


So far, the weakest of the banks today is Deutsche Bank (DB), which is listed as one of the largest creditors in MF Global which filed for Chapter 11 Bankruptcy today: http://strawberryblondesmarketsummary.blogspot.com/2011/10/weakness-at-mf-globalone-to-watch.html ...one to watch over the coming days/weeks, along with JP Morgan...