VLY - Valley National Bancorp

Welcome aboard @Moethepro90 and congrats on your 1st post but the next time you might want to post a penny stock to this link. You can even create your own thread if you like

http://stockaholics.net/forums/penny-stocks.4/

 

VLY is back in sync with the financials sectors after that down grade. A rate hike if and when will be the biggest driver and hopefully that will be delivered next month (but who know's).I bought at a much lower price and my divi's are compounding so I will wait out the down and flat line trading

 

Nice movement today as VLY is outperforming the sectors. Now higher than my suggested entry price's

 

A good sign here for VLY as it is green while the broader markets are down

 

Yeah that is old news, as VLY dropped from 9.40...It was an unjust downgrade IMO considering a good ER

 

I like what I have been seeing lately as VLY has been green in red markets.

 

The little train that could keeps chugging along regardless of the weather. Now 5 cents above where it was when the analyst give a downgrade. Friday's fed meeting could give it a good pop or a retreat.

 

The train stalled on the tracks yesterday at no change. Today VLY keeps on chugging on Yellen speech but off the highs in a market meltdown



Not in real time

 

Chugging along on probable rate hike

 

With 17 days left to expiration those $10 calls still have a chance and may need the jobs report on Friday to be good. For those not following, this was a gamble play on my picks thread

 

VLY giving back some of it's gains from a overbought level in a down market. May be good for the next leg up.

 

If markets keep climbing should break 7.75 HOD from a few days ago and maybe touch 7.80

 

I think you mean't $10 calls. We are 2 1/4% away from being in the money but still a gamble not knowing if financials are going to have some upward movement. For a gamble I like the odds



Setting at resistance right now

 

VLY looking good in a red market. A good word from the Fed today could give strength to break the 9.75 resistance

 

Not much from the Fed but VLY testing the 9.75 now

 

VLY cracked the 9.75 resistance as the market and financials were weak and not much help from the FED. It did get get a boost from the regional bank sector though. The move did not do much for my $10 calls but give a nice boost to my share count as I had increased my share count by 40% thanks to Brexit and some other pull backs.
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