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StockCall Study on JPMorgan Chase, KeyCorp, SunTrust Banks, and Bank Of Nova Scotia



 StockCall Study on JPMorgan Chase, KeyCorp, SunTrust Banks, and Bank Of Nova
                                    Scotia

PR Newswire

LONDON, March 15, 2013

LONDON, March 15, 2013 /PRNewswire/ --

Despite a challenging macro environment, banks performed well in 2012 as they
benefited from a rise in lending activity which is expected to continue to
surge as the Federal Reserve has pledged to keep interest rates at record low
levels for a while. Although record low interest rates have boosted lending
activity, they have put pressure on banks' net interest margins. Meanwhile,
banks such as JP Morgan Chase & Co. (NYSE: JPM), KeyCorp (NYSE: KEY), SunTrust
Banks Inc. (NYSE: STI), and The Bank of Nova Scotia (NYSE: BNS) are also
adapting to the changing regulatory environment. Bank stocks ended on a mixed
note on Thursday even as the broad market edged higher. StockCall free
coverage on JPM, KEY, STI, and BNS is available upon registration at

http://www.stockcall.com/register

JP Morgan Chase & Co. was among the major gainers in the financial sector
yesterday. The stock closed 1.67% higher at $51, which is also its 52-week
high. The bank's shares had an excellent run in 2012 and the trend has
continued this year as well. Year-to-date, shares of the New York City-based
banking giant have gained nearly 16%, outperforming the broad market. The
stock has seen a series of highs since the start of this year. It faced
resistance at around $49 for a while, however, has broken through this level
earlier this month. Download the free technical research on JPM by signing up
at

http://www.StockCall.com/JPM031513.pdf

Although the broad market continued to rally in Thursday's session, shares of
KeyCorp finished flat. However, the stock managed to touch a 52-week high of
$10.05 earlier during the day. The stock closed at $10. KeyCorp is another
stock in the financial sector that has outperformed the broad market this
year. Year-to-date, the stock has gained more than 18%, compared to a gain of
9.60% for the S&P 500. The bank's shares have seen a series of highs in the
last two weeks after breaking through $9.60 resistance level. This is a
bullish signal. This optimistic trend is further confirmed by recent volume
activity and the stock's MACD chart. Register now and get access to the free
analysis on KEY at

http://www.StockCall.com/KEY031513.pdf

Shares of SunTrust Banks Inc. posted a small loss in its previous session even
as the broad market rallied. The stock ended the day 0.03% lower at $29.62.
SunTrust Banks' shares are currently trading close to their 52-week high of
$30.79. The stock, however, has underperformed the broad market in 2013,
gaining nearly 4.50%. Shares of STI recently broke through $29 resistance
level. However, the stock has trade sideways since breaking through the key
technical level. Sign up and read the complimentary report on STI at

http://www.StockCall.com/STI031513.pdf

The Bank of Nova Scotia shares posted modest gains in Thursday's trading
session. The stock closed 0.65% higher at $58.86, taking its gains for the
year to nearly 1.70%. The bank's shares have traded sideways in the last three
months. It has been struggling to break through $59.50 resistance level. It
currently has support at around $58.50. The stock's MACD is currently below
the signal line, which is a bearish signal. The free report on BNS can be
downloaded by signing up now at

http://www.StockCall.com/BNS031513.pdf

About StockCall.com

StockCall.com is a financial website where investors can have easy, precise
and comprehensive research and opinions on stocks making the headlines. Sign
up today to talk to our financial analyst at

http://www.stockcall.com  

SOURCE StockCall.com

Contact: Contact Person: William T. Knight, Email: info@stockcall.com, Contact
Number: +1(646)396-9857 (9:00 am EST – 01:30 pm EST)
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