“With banks having been the best DJIA sector in 2012, the outlook versus the valuation has started to play a game of catch-up as we are getting deeper into earnings season this week. Because the banks rose so much, they are in some cases priced for perfection.
24/7 Wall St. has decided to offer up a preview and earnings cheat sheet for the banking and finance sector’s key earnings this week. DJIA components Bank of America Corp. (NYSE: BAC) and J.P. Morgan Chase & Co. (NYSE: JPM) are on deck, as are key financial giants like Goldman Sachs Group Inc. (NYSE: GS), Citigroup, Inc. (NYSE: C), Bank of New York Mellon Corp. (NYSE: BK), and others….”
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