Citi Trades Flat but GE Shines

NYSE Floor - Traders

The usual volume leaders are trading light today on a very uneasy Friday session thanks to U.S. Unemployment hitting 10.2%.  Citigroup (NYSE:C) shares aren't breaking a sweat but General Electric (NYSE:GE) is up 6% and past $15 a share.

Citi and Ford Trade High but Flat, While Ambac Impresses

stocks.jpg

Citigroup Inc. (NYSE:C)  and Ford Motor Company (NYSE:F)  lead with volume but are still generally trading flat for the day, whereas Ambac Financial Group, Inc. (NYSE:ABK) commands investors attention from both the volume spike and the massive price jump. 

Early Volume Leaders Citi, Ford and BofA - Just Wait for Friday

Same Bat-Time, Same Bat-Channel

Same Bat-Time, same Bat-Channel, this morning leading the volume of most shares traded are the usual suspects of Citigroup (NYSE:C), Bank of America (NYSE:BAC), and Ford Motor (NYSE:F) helping to push up all the major indexes.

Citigroup Shares Back Under $4, Again

Citigroup - Corporate Office

Citigroup Inc. (NYSE:C) shares lead the volume of shares traded today but also managed to finish the day at $3.99 and fell another 2 cents after hours.  Citi shares haven't been under $4 since August and since Oct 14th they are down 17%.

Ford Lifts the Dow Temporarily (F, C, BAC)

Ford

The major indexes got a running start this morning thanks to impressive profits by Ford Motor (NYSE:F) but the rally has faded headed into afternoon trading with Citigroup (NYSE:C) falling 6.3% on normal but heavy volume.

Another Day, Another Triple Digit Swing in the Dow Jones (C, BAC)

Dow Jones Triple Digit Swings

The Dow Jones is up 169 points heading into the 2 PM EST hour with Citigroup (NYSE:C) and Bank of America (NYSE:BAC) leading the charge thanks to positive GDP news.

Citi at Important Trend Line Support

Citigroup - Corporate Office

Share price for Citigroup Inc. (NYSE:C) have been wilder than a roller coaster at the county fair.  Tomorrow is going to be an important day for shares of the company as the chart for Citigroup Inc. (NYSE:C) is at an important trend line support (see blue line in the chart below). 

Stocks Drop Monday, Citi and BofA Leading the Charge

Dow Jones Triple Digit Swings

The Dow Jones is down over 100 points today and Citigroup (NYSE:C) and Bank of America (NYSE:BAC) are leading the volume on the big boards with a combined 770,000,000 shares traded heading into the final hour of trading.

Citigroup Paid $390 million to 21 Bigwigs

Glengary Ross - Alec Baldwin - Steak Knives

That's right, these lucky twenty-one Citigroup Inc. (NYSE:C) employees didn't just get the set of steak knives, they took home an average of $18.6 million despite owing U.S. taxpayers $45 billion.

Citigroup Shares Can't Break $5 Level

Citigroup - Corporate Office

Citigroup Inc. (NYSE:C) shares touched $5 a share on Oct 14th but it hasn't been since last August that its stock price has peaked and stayed above $5 for more than a day.  How long will Citi be cursed to stay below $5 a share?

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