The ETF that is Working Today: SKF

The SKF - ProShares UltraShort Financials (NYSE:SKF)

The U.S. Financials are getting killed today, that's good news for the ProShares UltraShort Financials (NYSE:SKF) which is up 5.4%.

Leading Market News – JPMorgan, Costco and Safeway, Google

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Latest market news for JPMorgan Chase & Co. (NYSE:JPM), Costco Wholesale Corporation (NASDAQ:COST) and Safeway Inc. (NYSE:SWY), Google Inc. (NASDAQ:GOOG).

Finding value in Verizon (VZ)

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Verizon Communications Inc. (NYSE:VZ) shares have more going for them besides the upcoming Verizon iPhone match with Apple Inc. (NASDAQ:AAPL).  After digging into the technicals that make up Verizon's valuation, we believe there is value and the analysts are getting on board.

AIG Share Sale and Other News

AIG

Some of the United States' top bankers descended on a law firm in midtown Manhattan on Thursday to pitch for what could be one of the largest share sales in history -- a secondary offering for bailed-out insurer American International Group, Inc. (NYSE:AIG).

U.S. Bank Stocks Rise: Citi, JPMorgan, XLF

Bullish (Bull Market)

The financials are on the move today, Citigroup (NYSE:C) is finally above $5, JPMorgan (NYSE:JPM) is up 2.5%, and the Financial Select Sector SPDR (ETF) (NYSE:XLF) has inched up 1.6%.

Free Checking No More?

Wells Fargo

The Obama Administration worked diligently to serve the public by eliminating or minimizing fees that banks can charge.

JPMorgan’s Positive Outlook (NYSE:JPM)

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JPMorgan Chase & Co. (NYSE:JPM) is looking tops… at least it is according to MSN. JPM’s stock has been rated with some top honors as it ranks 10 on MSN’s scale.  It is projects that the company’s stock will have a high return with low risk. 

Stocks Rally but Bank's Lag: Citi, BofA, JPMorgan

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Stocks are off to the races today, all but the big bank stocks that are up less than 1%, including such leaders as Citigroup (NYSE:C), Bank of America (NYSE:BAC), and JPMorgan Chase (NYSE:JPM).

Latest News for JPMorgan, Intel, Exxon (NYSE:JPM),(NASDAQ:INTC),(NYSE:XOM)

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Latest news is JPMorgan Chase & Co. (NYSE:JPM) bought real estate loans from Citibank, Intel Corporation’s (NASDAQ:INTC) receives an industry downgrade, and Exxon Mobil Corporation (NYSE:XOM) springs a leak.

Bank Stocks Take a Beating

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Bank Stocks Take a Beating -- Morgan Stanley (NYSE:MS), Bank of America Corporation (NYSE:BAC), JPMorgan Chase & Co. (NYSE:JPM) and Citigroup Inc. (NYSE:C) all suffered pretty heavy losses today.

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