Archive for the ‘Stocks’ Category

Citigroup Inc NYSE:C Apple Inc AAPL trading lower with Japan Pressure

Tuesday, March 15th, 2011

Japanese stocks continue to trade lower as investors are cautious with developing situation in Japan. Dow Jones remain in negative despite strong consumer data in USA. We expect Citigroup Inc (NYSE:C), Bank of America Corp (NYSE:BAC) and Apple Inc (NASDAQ:AAPL) to be under tremendous pressure. Keep an eye on General Elecric Company (NYSE:GE) trading with large volumes since last few days. Overall suggestion is to remain cautious and trade with limited risk.