Associated Banc-Corp, CubeSmart, Redwood Trust, and Bank of Montreal Early Briefing and Review PR Newswire LONDON, April 8, 2013 LONDON, April 8, 2013 /PRNewswire/ -- The U.S. banking industry has emerged stronger from the financial crisis of 2009. U.S. banks have a stronger balance sheet compared to European banks. The industry has benefited from an increase in lending activity in the last one year. However, for banks such as Associated Banc Corp. (NASDAQ: ASBC), CubeSmart (NYSE: CUBE), Redwood Trust Inc. (NYSE: RWT), and Bank of Montreal (NYSE: BMO), record low interest rates are a concern. While record low interest rates have boosted lending activity, they are putting pressure on banks' net interest margins. Bank's stocks ended on a mixed in Friday's trading session as the broad market came under pressure following disappointing non-farm payrolls data for the month of March. StockCall has released free charting and technical research on these aforementioned companies. Register to read these reports at http://www.stockcall.com/report Associated Banc Corp.'s shares edged higher in Friday's trading session; however, the gains were limited. The stock closed 0.28% higher at $14.54 on above average volume of 1.21 million. The bank's shares have fallen more than 2.30% in the last three sessions. The stock has seen a series of lows in the last few sessions, which is a bearish signal. The negative trend is further confirmed by recent volume activity the stock's MACD chart. Despite recent losses, Associated Banc's shares are still up more than 11% so far in 2013, compared to a gain of more than 10.80% for the S&P 500. Sign up for the free report on ASBC at http://www.StockCall.com/ASBC040813.pdf Shares of CubeSmart edged higher in trading on Friday even as the broad market struggled following the weak jobs report. The stock touched an intra-day high of $15.84 before finishing the day 0.83% higher at $15.83. CubeSmart's shares have traded sideways in the last few weeks. The stock has been struggling to break through $16 resistance level. Its MACD is currently trading below the signal line, which is a bearish signal. Year-to-date, the stock has gained 9.40%, underperforming the broad market. CUBE free technical report can be accessed by signing up at http://www.StockCall.com/CUBE040813.pdf Shares of Redwood Trust Inc. edged higher in trading on Friday; however, the gains were limited. The stock closed 0.09% higher $22.46 after touching an intra-day high of $22. Redwood Trust's shares have fallen nearly 2% in the last three trading sessions. Despite the recent pullback, the company's shares have gained more than 34% in 2013 so far. However, the stock's MACD chart suggests that market sentiment has turned bearish. Redwood's shares currently have support at around $22. Free report on RWT can be accessed by registering at http://www.StockCall.com/RWT040813.pdf Shares of Bank of Montreal struggled in trading on Friday. The stock touched an intra-day low of $60.25 before finishing the day 1.26% lower at $61.11. The bank's shares have fallen more than 3.60% in the last three trading sessions. The stock has slipped below its 50-day moving average, which is a bearish signal. The stock's MACD has also crossed below the signal line and the zero-line, which further confirms the bearish trend. Bank of Montreal's shares currently have support at around $60. Register with StockCall and download the research on BMO for free at http://www.StockCall.com/BMO040813.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: firstname.lastname@example.org, Contact Number: +1(646)396-9857 (9:00 am EST - 01:30 pm EST)
Associated Banc-Corp, CubeSmart, Redwood Trust, and Bank of Montreal Early Briefing and Review
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