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JP Morgan Leads October Sentiment for Financials; Citi and BoA Gain Ground

Nov 05, 2009 - 6:42 AM EST

Jett Winter submits:

October ended last Saturday October 31, 2009. As many people analyze the performance of securities for the month, I’d like to look at sentiment and change in sentiment for the financial services sector.

Sentiment is a measure of how people feel a stock will perform and is captured by a voting mechanism that indicates a strong buy, buy, neutral, sell, and strong sell. The value of sentiment is based on the ‘Wisdom of Crowds’ where the many will in most cases make better decisions than the individual. Higher sentiment stocks are considered higher quality stocks, while lower sentiment stocks are considered lower quality stocks.

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Source: Seeking Alpha (Nov 05, 2009 - 6:42 AM EST)