For the week of November 9-13:
Capital One Financial Corp. which is the stock we hold dropped from 39.78 on Monday to 38.37 on Thursday. Capital One jumped the last day to 38.80.
One competitor of Capital One, American Express Company, jumped from 39.05 on Monday to 40.05 on Wednesday. American Express dropped on Thursday to 39.50. AXP jumped on Friday to 40.35 gaining on the week.
Another competitor of COF, Bank of America Corporation, jumped from 15.77 on Monday to 16.43 on Wednesday. Bank of America dropped the last two days to 15.98.
Overall, both competitors of Capital One gained while Capital One itself lost.
Tuesday, November 17, 2009
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