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Saturday, October 16, 2010

A Week You Can Bank On (NYSE: BAC) (NYSE: WFC) (NYSE: PNC) (NYSE: C) (NYSE: USB)

LIVERPOOL - Major banks report earnings next week. The banks have been beaten to a pulp as of late as investors look for information regarding the foreclosure scandal. Investors will be clued in to conference calls from BAC, WFC, C, USB, PNC.

All these stocks were brutally punished last week (except USB) but clarity will be given this week.

The banks stocks could sell off further on the news.

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